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A new analysis suggests President Donald Trump's tariffs could increase factory costs by 2% to 4.5%. The analysis highlights ...
(CNN)– Big changes could be coming to the world’s most powerful central bank, the Federal Reserve. Treasury Secretary Scott Bessent last week made it clear that the Trump Administration intends to ...
The European Trade Union Confederation said the deal would result in “significant job losses” for export-dependent industries ...
Stock futures pointed to a higher open Monday after the U.S. and the European Union reached a trade agreement . European goods, including automobiles, face a 15% baseline tariff while steel and ...
Since Scott Bessent took the Treasury’s helm in January, bond dealers have done a 180 on the key question about his issuance ...
U.S. President Donald Trump is bragging that Japan has given him, as part of a new trade framework, US$550 billion to invest in the United States. It’s an astonishing figure, but still subject to ...
The U.S. wants China to do two things: Reduce what both the U.S. and the European Union see as excess production capacity in ...
Trump has lambasted Powell repeatedly for not cutting US interest rates more aggressively, calling him a “numbskull” on ...
U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed ...
One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, ...
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Cryptopolitan on MSNScott Bessent backs down on Fed chair, easing pressure on US bond market
The bond market shook off its panic and pushed upward on Wednesday after Scott Bessent, the U.S. Treasury Secretary, told everyone that Jerome Powell is not going anywhere just yet. That single ...
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