The US dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.

Treasury Secretary Scott Bessent clarified on Thursday that he wasn't pushing the Federal Reserve to cut interest rates by 1.5% but rather suggesting that such a decrease would bring rates down to a ...

I didn’t tell the Fed what to do,” Bessent said Thursday in an interview on Fox Business, referring to his comments a day ...

Adding fuel to traders’ dovish bets was U.S. Treasury Secretary Scott Bessent, who said he believed a more aggressive ...

The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.

President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

The U.S. dollar snapped a two-day losing streak on Thursday as data showed U.S. producer prices increased more than expected ...

With pre-tariff inventories rolling off, effective tariff rates climbing higher and companies less willing to absorb higher costs from the duties, the general feeling is that consumers are ...

Inflation Gauge in Focus as Investors Eye Rate-Cut Clues By Vicky Ge Huang ...

The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.