White House economic adviser Kevin Hassett is gaining traction as a top candidate to succeed Jerome Powell as Federal Reserve ...

Hassett is one of Trump’s closest economic advisers, and is now seen as a preferred pick over earlier favorite Kevin Warsh, a ...

Treasurer Jim Chalmers has admitted he has no idea how his own departmental boss voted in the Reserve Bank's Tuesday board meeting that decided to deprive struggling Aussie borrowers of relief.

Gold held a decline after President Donald Trump said the new August deadline for the start of so-called “reciprocal” tariffs ...

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, ...

Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave ...

Wall Street was spooked by sparring over U.S. trade tariffs, having clocked steep losses on Monday and a rangebound session ...

The US president has repeatedly assailed the Fed chairman over decisions to hold rates steady this year, threatening to ...

A gauge of U.S. used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following ...

FOMC meeting are likely to follow a familiar Fed script. Rate and bond markets are telling the central bank to get on with ...

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...