Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the central bank on pace for interest rate reductions...
Category: Economy
Steve Bannon floats idea of Bessent running both Treasury and the Fed
U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September...
Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut
The Federal Reserve’s decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well with the White House, if National...
Bessent sees trade deal likely with China before November deadline on reciprocal tariffs
Treasury Secretary Scott Bessent expressed confidence Tuesday that a trade deal with China is near. With so-called reciprocal tariffs set to take effect in November, Bessent...