"Despite these welcome developments, tariffs remain historically high," the IMF's chief economist said on Tuesday.

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...

US Treasury Secretary Scott Bessent downplayed speculation that President Donald Trump might block the truce, but emphasised ...

Two days of talks between delegations from Beijing and Washington ended without an extension of the tariff truce set to ...

The global economy has shrugged off President Donald Trump’s trade policy revolution and is growing faster than expected, the International Monetary Fund said in a new report. Global output will ...

Asian shares had mixed results on Wednesday, with Australia gaining on a soft quarterly inflation print, with investors cautious before the Federal Reserve's policy announcement. US-China trade talks ...

U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair ...

Gita Gopinath, the IMF’s second-in-command, is set to step down, paving the way for the Trump administration to appoint a ...

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...

Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the "Liberation Day" tariffs against countries that failed to cut lightning deals ...

Treasury Secretary Scott Bessent blasted former Treasury Secretary Janet Yellen in response to her criticizing the Trump ...