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WASHINGTON: US Treasury Secretary Scott Bessent said on Monday (July 21) that the role and performance of the Federal Reserve ...
An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.
The USD/CAD pair extends the decline to 1.3680 during the early Asian session on Tuesday. The renewed concerns over the US Federal Reserve (Fed) independence weigh on the US Dollar (USD) against the ...
Trump is fond of the art of distraction. But fake AI videos are not a sustainable strategy for what is still 3½ years of a presidency to go.
The White House on Monday asserted that new “data” proves the U.S. economy is “back on track,” but inflation—a leading concern for consumers—has surged to its highest level in months. Meanwhile, ...
U.S. Treasury official Stanley Bessent said Monday that the Federal Reserve should be reviewed as an institution, questioning aspects of its decision-making and communication, particularly regarding ...
Explore how the U-shaped yield curve, Treasury rates, and inflation trends align with Trump's rate cut call, offering ...
The Japanese Yen (JPY) pushes higher against the US Dollar (USD) on Monday as the Greenback softens amid falling US Treasury ...
Could the price of gold reach $3,500 this month? A few drivers can sway the precious metal's direction, experts say.
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially ...
Wall Street is smashing record highs, and markets are ignoring tariff noise from the Trump administration. Amid this boom, the upcoming week is quietly loaded ...