Fed chair Jerome Powell has faced growing pressure from the White House to slash interest rates. Read more at ...

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

Dollar weakens below key support as traders weigh Fed policy risks and tariff uncertainty ahead of the August 1 deadline and ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the ...

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he ...

There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump ...

El-Erian, president of Queens’ College at Cambridge University, said he was aware that his view did not align with the Wall ...

El-Erian, president of Queens’ College at Cambridge University, said he was aware that his view did not align with the Wall ...

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...