The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.

Treasury yields rose by more than their eurozone equivalents in midday European trading. While a weak U.S. labor market accentuated growth fears, fiscal issues keep inflation fears alive.

Treasury Secretary Scott Bessent is not one of them. Two under consideration are Kevin Hassett and Kevin Warsh.

Global government debt market yields mainly saw increases across the board in July, particularly those for the Japanese ...

India's central bank held key interest rates steady on Wednesday as expected, saying the economy remains steady, even though ...

A dismal July jobs report has lifted expectations for fall rate cuts. But just how low could the fed funds rate be by year's ...

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

The Federal Reserve held interest rates steady again this week, and could even keep them in neutral until October. For savers ...

Meanwhile, when the Fed decides to raise rates, it usually has the inverse effect, in that it will typically lead interest rates on credit cards, auto loans and variable rate mortgages to go up. The ...

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.