Treasury Secretary Scott Bessent called for a sweeping institutional review of the Federal Reserve on Monday, according to Politico. Bessent's comments increase pressure on Chair Jerome Powell ahead ...

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for ...

As for the next Fed meeting, it will begin on Tuesday, July 29, and conclude with a policy statement on Wednesday, July 30, ...

AUD/USD is trading on the back foot above 0.6500 early Tuesday, although in a narrow range. The pair is undermined by a broad ...