Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and ...
Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
New York Post on MSN2h
US adds 143K jobs in January in hiring slowdown; unemployment drops to 4%
US employers added 143,000 jobs in January and the unemployment rate dipped slightly, according to the Labor Department — ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
Treasury Secretary Bessent Says He Had Constructive Meeting With Fed's Powell
US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell. Bessent says he's sure Powell will "do the right thing" when it comes to monetary ...