Global shares hit a record high and the dollar weakened on Wednesday as investors cheered mild inflation data, and ...

Speaking to a news agency, Bessent expressed hope that White House Council of Economic Advisers Chair Stephen Miran would be confirmed to the Fed’s Board of Governors before next month’s meeting, ...

In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s top ranks, is a force to be reckoned with.

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets U.S. July inflation data didn't sound the all clear on tariffs but also didn’t send an unequivocal ...

Bessent also said he was “hopeful” that Trump’s pick for the currently open position on the Fed board, Stephen Miran, will be in place in time for the Sept 16-17 policy meeting. He noted that Miran, ...

U.S. Treasury Secretary Scott Bessent has urged the Federal Reserve to deliver a 50 basis-point cut to interest rates at its ...

Stocks across Asia rose on Wednesday while the U.S. dollar stayed soft, after fresh figures pointed to steady growth in big economies and a case for central banks to keep policy supportive. Gains in ...

Threat follows President's repeated criticism of the Fed chair over the central bank’s decision to hold interest rates steady ...

NEW YORK - US Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis ...

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt ...

Stephen Miran is President Donald Trump's nominee to become the Federal Reserve's next governor, but his name is largely ...