Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.
Category: Federal Reserve System
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CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
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The Fed Is in no Rush to Cut Rates, Even if There Is a Weak Jobs Report
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
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Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.
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Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
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Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.
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The Bull and Bear Case for 2025
The stock market has been on a blistering two-year rally. But Wall Street is warning that a number of factors, including Donald Trump’s policies, could slow or derail that momentum
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How a Government Shutdown Could Affect the Economy
A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.
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Washington and the Markets are Feeling the President-elect Effect
The President-elect takes office in a month, but his influence on policy is already being felt by investors and across Washington.