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Scott Bessent joins Trump in pushing Fed for lower interest rates

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.

President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...

Trump's call for interest rates to be slashed is 'totally unjustified': Strategist

Garry Evans of BCA Research explains why Trump's desire to slash interest rates is unlikely to come to fruition. He also ...

Dollar slips as data keep September rate cut on table; eyes on Trump-Putin meeting

The dollar eased on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate ...

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

Gold futures edge higher on U.S. interest rate cut optimism as Bessent weighs in

Gold futures posted modest gains on heightened expectations of a Federal Reserve interest rate cut after mild July inflation ...

Dollar extends weakness as anticipation mounts of Fed interest rate cut

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...

Trump says Fed chair search down to ‘three or four’ candidates, with announcement coming ‘a little bit early'

President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Chair Jerome Powell to "three or four" names.