US tariffs have helped produce a surprise $US27 billion budget surplus for June, a turnaround from a $71 billion deficit for ...

White House advisors allege Powell misled US Congress about building expenses as they search for legal grounds to unseat him.

The budget data showed that tariffs are starting to build into a significant revenue contributor for the federal government, with customs duties in June hitting new records, quadrupling to $27.2 ...

Former Howard government minister Peter McGauran says Donald Trump’s unpredictability is the “major reason” behind the RBA’s rate hold.

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

The Trump administration is escalating its campaign against Federal Reserve Chair Jerome H. Powell, with a new set of arguments aimed at ousting the central bank leader.

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually ...

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering ...

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.