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Crypto market drops $133B in 24 hours after US PPI data and Scott Bessent’s Bitcoin remarks. BTC, ETH, SOL, and XRP see sharp declines.
Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...
Bitcoin slipped after rising producer prices blunted rate-cut hopes and a Trump official said the U.S. wouldn't start ...
The U.S. dollar rose across the board on Thursday as data showed U.S. producer prices increased more than expected in July ...
Seeking Alpha's roundup of statements, announcements and remarks that could impact markets, sectors or individual stocks. Read more here.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
Treasury Secretary Scott Bessent shares what characteristics he is looking for as he interviews candidates to succeed ...
Treasury Secretary Scott Bessent on Thursday said his words a day before about rate cuts were just a suggestion for the ...