However, non-US entities cannot print those dollars, and so may not be able to meet demand. Thus during the 2008 financial crisis, the Fed activated some $583bn in swap lines for non-US central banks, ...

Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...

WASHINGTON — Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its ...

Trump's latest comments about picking a new Fed chair have come as he keeps putting pressure on Powell's Fed to lower interest rates. The president called for an interest-rate cut of a full percentage ...

President Donald J. Trump has once again escalated his confrontation with the Federal Reserve, sharply criticizing its chairman, Jerome H. Powell, for maintaining high interest rates and suggesting he ...

Trump won't fire Fed Chair Powell, criticizes slow rate cuts, suggests supporting Fed interest rates increase if inflation ...

President Trump urged “numbskull” Federal Reserve chairman Jerome Powell to lower interest rates Thursday — while confirming ...

US President Donald Trump has revealed that he has no plans to fire the Fed Chair Jerome Powell but has again demanded for rate cuts ...

Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank’s stance on holding interest rates steady in recent months.

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

WASHINGTON — Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers ...

Donald Trump hailed the latest US inflation data as “great numbers” and called for an interest rate cut. But he is ...