
Bessent Eyes 3% U.S. GDP Growth Amid Economic Challenges
Treasury Secretary Bessent aims for 3% GDP growth amid inflation and tariffs, banking on a strategic economic plan.
Federal Reserve, interest rates, inflation, and global economic policy(395 articles)

Treasury Secretary Bessent aims for 3% GDP growth amid inflation and tariffs, banking on a strategic economic plan.

Alan Greenspan's swift actions during Black Monday set a precedent. His quick market intervention still echoes in today's financial systems.

The U.S. Senate passed a housing bill banning Fed-issued digital currencies until 2030, marking a shift towards private crypto solutions.

The U.S. Senate's surprise 85-5 vote pauses Federal Reserve's CBDC plans till 2030, as global digital currency efforts gather pace.

The search for Atlanta's Fed president, overseen by Kevin Warsh, is pivotal. It's more than filling a vacancy; it's a strategic move shaping U.S. monetary policy.

The Senate's housing bill includes a four-year ban on CBDCs, reflecting deep political divisions over digital currency regulation.

Nasdaq gains 2.7% amid a busy week with Micron earnings and crucial PCE data set to steer markets.

HELOC rates average 7.25% amid Fed's projected hikes. Borrowers face rising costs, signaling broader economic shifts.

The Fed keeps rates steady amidst Iran tensions, as TJX shines with strong fiscal performance and dividend growth.

Inflation spikes to 4.2%, challenging bond ETFs. Fed rate hikes loom as traditional bonds struggle. Inflation-protected ETFs might offer relief.

FedEx reports Q4 earnings amid rate hike fears. Strong B2B growth, but freight segment spun-off. Key insights into economic health expected.

South Korea's tech worker bonuses stir inflation fears, while retail revels in luxury sales boom near chip hubs.

Market volatility soared as the Federal Reserve's tone and international agreements clashed, CNBC Business reported.

Japan's core inflation stayed at 1.4% in May, but energy pressures loom. Despite stable inflation, higher energy costs could trigger broader price increases.

Kalshi traders ramp up odds of a Fed rate hike to 57% after hints from policymakers. What signals are driving this surge?

Fed's Kevin Warsh faces market pushback. His words, a sharp departure from tradition, stir investor skepticism.

The Fed, under new Chair Kevin Warsh, signals a potential shift to tighter policy amid inflation concerns, impacting markets and crypto.

Kevin Warsh leads his first Fed meeting with a steady rate, focusing on communication changes and inflation. Markets watch closely.

Treasury yields fall as Kevin Warsh leads his first Fed meeting. Market expectations shift amid U.S.-Iran peace and steady Fed rates.

Kevin Warsh takes the helm at the Fed as 172,000 jobs are added, wielding Trump’s trust for potential policy shifts.