The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies. It remains to be seen how deep the job cuts will go, but those offered ...

The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...

The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.

There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

NEW YORK (Reuters) - U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some ...

The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high ...

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...

"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...