US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last ...

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

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

Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts ...

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

The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.

The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...

Trump has pressed the Fed to lower interest rates and launched several attacks on chairman Jerome Powell. The FTSE 100 came ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...