Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...
The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...
Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...
The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
Surging payrolls data and shrinking unemployment have disrupted hopes for a Fed rate cut-fueled bull market in 2025 ...
A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.