As a result, consumer confidence has plummeted, casting a big shadow over what could happen to the U.S. economy next. ⏰Get ...

Although President Donald Trump nominated Jerome Powell to chair the Federal Reserve, he has made clear that once Powell’s ...

Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot ...

The U.S. stock market staged a comeback on Wednesday, clawing back some ground as Trump dialled down the tariff ...

European stocks may open broadly lower on Friday as confusion reigns around U.S. President Donald Trump's policy agenda and the impact of his trade policies ...

While the world gasped at the US president’s bitter battle with Volodymyr Zelensky, a bigger threat to markets from the White ...

Secretary of the Treasury Scott Bessent. Bessent said that US yields will drop lower even without the Federal Reserve (Fed) due to the Trump policy. This triggered a firm drop in US yields across ...

WASHINGTON, Feb 25 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday ... rate is likely to extend the Fed's pause on rate hikes for now. Bessent said that 95% of all job growth in ...

Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is ...

US Treasury Secretary Scott Bessent said that any move to ... when they languished below 2 per cent. Bessent noted the Fed is currently shrinking its own holdings of Treasuries – creating ...

NEW YORK, Feb 21 (Reuters) - A potential slowdown of the Federal Reserve's balance sheet drawdown and Treasury Secretary Scott ... after the Fed minutes on Wednesday and Bessent's interview ...

Last summer, current Treasury Secretary Scott Bessent criticized then-Treasury ... "We're going to see what the market wants." The Fed's balance sheet runoff, or QT, increases the supply of ...