The next 11 months will be pivotal for Bessent ahead of the midterm elections, where affordability and the cost-of-living in ...
Americans staring down record grocery bills are increasingly pointing the finger at tariffs, not just at abstract "inflation.
Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters.
Speaking at The New York Times DealBook summit, U.S. Treasury Secretary Scott Bessent said American trading partners are ...
The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade ...
Treasury Secretary Scott Bessent said on Sunday that President Trump’s sweeping tariffs have “nothing to do” with the rise in inflation. In an interview Sunday on NBC News’s “Meet the Press,” ...
This combination of photos shows Republican presidential nominee former President Donald Trump, left, and Democratic presidential nominee Vice President Kamala Harris during an ABC News presidential ...
The right answer, unfortunately is: wait and see. Bessent has bragged that the administration has the Treasury market in the ...
In 2026, a reasonable baseline outlook is that the U.S. economy will get fresh support from the One Big Beautiful Bill Act’s ...
Wall Street is being pulled in two directions at once, with record-breaking federal borrowing on one side and a fresh wave of tariffs on the other. Investors are trying to price in a U.S. economy that ...
Listen to more stories on the Noa app. The trade war might be coming to a strange end. Last week, the Supreme Court heard two cases questioning the legal underpinnings of Donald Trump’s tariff regime.
With headline inflation hovering at 2%, and continuing nerves on tariff impacts, policymakers are expected to hold rates ...