News

Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Why the Fed and ECB are no longer on the same page
Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has ...
Federal Reserve Watch: Looming Conflict
M2 money stock has plateaued since April 2022, with excess liquidity idling in the banking system. Find out the impact of M2 ...
Billionaire fund manager sends strong message on Fed Chair Powell's future
Many, including President Trump, think this is a big mistake, arguing that hesitation on lowering the Fed Funds Rate, a ...
Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports
U.S. Treasury Secretary Scott Bessent has emerged as a possible candidate to succeed Federal Reserve Chair Jerome Powell, ...
Bessent emerges as possible contender to succeed Fed’s Powell
A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair ...
If not for tariffs, Fed would be cutting by now: Macquarie
Federal Reserve Chair Jerome Powell is facing a new barrage of criticism, with Vice President J.D. Vance joining in with President Donald Trump this week to blast the central bank chief for not ...
Bessent, asked about Fed chair job, says 'I would like to stay' Treasury secretary until 2029
Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss ...