The Federal Reserve has defied weeks of pressure from Donald Trump and declined to cut interest rates while the impact of his trade war on inflation remains unclear.

Mr. Trump has been publicly pressuring Jerome H. Powell, the chair of the Federal Reserve, to lower the rate ... Treasury Secretary Scott Bessent has said that the Trump administration is more ...

Talks among G7 finance ministers faced challenges as the group worked to overcome divides on thorny issues like the impact of ...

Now, the Fed is set to meet on Wednesday to make its next rate decision — but Mr. Trump may need to wait longer to get his cuts. The Federal Reserve ... lower," noted Scott Helfstein, head ...

Moody’s announcement last week means that not one of the firms that rate America’s debt still consider it pristine.

In a party-line vote, the committee sent the nomination of Michelle Bowman as the Federal Reserve's vice chair of supervision to the full Senate.

Treasury Secretary Scott Bessent told House lawmakers ... Tuesday he has "no intention of firing" Federal Reserve Chairman Jerome Powell, one day after Mr. Trump called Powell a "major loser." ...

US Treasury secretary Scott Bessent has warned that America’s government debt is on an “unsustainable” path. Donald Trump’s ...

Besides making it more expensive for the U.S. government to borrow to pay its bills, higher Treasury yields can also filter ...

Hip-hop artist Sean “Diddy” Combs has been facing a federal sex trafficking and racketeering trial after he was arrested late ...

The fiscal recklessness mirrors the mistakes of the left, promoting central planning disguised as economic nationalism.

Economists caution that the deal could easily collapse and warned that Trump‘s protectionist agenda will continue to weigh on ...