The Latest Breaking News from Kevin Hassett

"His opinion matters if it's good, if it's based on data," Hassett said.

US Treasury Secretary Scott Bessent said working Americans may receive refund checks of as much as $2000 in line with Donald Trump's One Big Beautiful Bill Act.

Ex-Fed governor Kevin Warsh is at top of his list to succeed Powell as central bank’s chair, president says in interview

The major stock market indexes do not yet reflect the bullish tendencies of sector rotation and broadening participation.

This live blog is now closed.

Divisive vote to lower rates highlights uncertainty within the Fed as economy absorbs major shakeups, including tariffs

December S&P 500 E-Mini futures (ESZ25) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.05% this morning as investors refrain from making big bets ahead of the Federal Reserve’s final interest rate decision of the year, with all eyes on the central bank’s outlook for interest…

The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank’s next steps

The dollar index (DXY00 ) on Tuesday rose by +0.11%. The dollar moved higher on Tuesday amid short covering ahead of the 2-day FOMC meeting, which ends on Wednesday. The dollar gained ground on Tuesday after the Oct JOLTS job openings unexpectedly rose to a 5-month high, a hawkish factor...

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

The dollar index (DXY00 ) today is up by +0.20%. The dollar is moving higher due to short covering ahead of the 2-day FOMC meeting that begins today. The dollar gained ground today after the Oct JOLTS job openings unexpectedly rose to a 5-month high, a hawkish factor for Fed...