Federal Reserve Bank of Richmond former president Jeffrey Lacker slams US President Donald Trump’s “preposterous idea” for interest rates to be cut three percentage points. Mr Lacker said financial ...

Investors will be watching for dovish sentiment in central bank commentary, and results from Alphabet and Tesla, as the local ...

For now, global central banks reportedly appear to be holding their nerve. But the backdrop is shifting fast. Trump tariff ...

A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.

President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his ...

In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...

US Treasury Secretary Bessent made the case to Trump against ousting Fed Chair Powell - WSJ. US Treasury Secretary Bessent ...

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"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...

Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential ...

Gold prices posted its first weekly loss in three weeks, as stronger-than-expected US economic data reduced the immediate ...

President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in ...