With the unemployment rate low and inflation above the Fed’s 2% target, U.S. central bank officials have been reluctant to cut interest rates from the current 4.25% to 4.5% range until it is clear ...

President Donald Trump suggested Treasury Secretary Scott Bessent could potentially replace Federal Reserve Chairman Jerome Powell. Although Bessent is a candidate, Trump has expressed satisfaction ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...