The remark came in response to being asked about firing Fed Chair Jerome Powell. Read more at straitstimes.com. Read more at ...

US Treasury Secretary Scott Bessent called Monday for the Federal Reserve to conduct an “exhaustive internal review of its ...

U.S. Treasury Secretary Scott Bessent has highlighted a threat to the Federal Reserve's independence due to its extension ...

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...

Bessent also said the Fed should conduct “an exhaustive internal review of its non-monetary policy operations,” adding that ...

If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...

Yen gained further strength as investors increased bets on a Bank of Japan interest rate hike in the near term. The greenback ...

Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...

The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) on Monday as EU-US trade tensions escalate and ...

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...

The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...