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Live updates: Bessent dodges details on trade deals; Fed holds off on interest rate move
Secretary of the Treasury Scott Bessent returns to Capitol Hill on Wednesday, to testify in the House for a second day. His ...
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Bessent defends temporary FDIC chair, seeks permanent pick
The Treasury secretary tells the House Financial Services Committee that he is vetting candidates to fill the role and says ...
Stocks rise on Bessent’s China meeting, Fed decision on tap: Live Updates
Stocks rose after Treasury Secretary Scott Bessent confirmed to Fox News he will meet with Chinese officials this week to advance Trump’s trade talks. In the U.S., the Federal Reserve is expected to ...
Stocks Rise After Fed Holds Rates Steady and U.S. Prepares for China Talks
The Dow industrials add nearly 300 points, pushed higher by a rally in Disney stock.
Fed defies Trump as it declines to lower rates
The US and China will hold their first trade talks later this week since Donald Trump launched his tariff tirade. US treasury ...
Fed holds rates steady, warns of stagflation risks
Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
CNBC's Santelli: The Fed's Credibility Got Dinged, "Doesn't Have Any Better Information Than Any Of Our Viewers"
CNBC's Rick Santelli, reporting from the Chicago Mercantile Exchange, reacts to the Federal Reserve's decision to leave interest rates unchanged. BRIAN SULLIVAN, CNBC HOST: Let's go to Chicago and ...
Federal Reserve keeps interest rates unchanged — despite Trump pressure
Policymakers cited economic uncertainty from Trump’s trade war for keeping the Fed funds rate between 4.25% to 4.5% range, ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices, higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower ...