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The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.
U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...
The latest batch of robust earnings results from major companies helped lift stocks, with the S&P 500 and Nasdaq Composite reaching new highs. The U.S. economy is set to slow, leading economic ...
The ringgit appreciated against the US dollar in early trade, tracking US dollar softness as markets price in uncertainty ...
Also weighing on investors' minds has been worries about the Federal Reserve's independence, given Trump has railed ...