WASHINGTON (Reuters) -President Donald Trump will host Argentina's president, Javier Milei, at the White House on Tuesday, just days after the U.S. agreed to provide a major financial lifeline to the South American nation. Earlier this month, Treasury Secretary Scott Bessent announced U.S. support for a $20-billion currency swap with Argentina's central bank, exchanging stable U.S. dollars for volatile pesos....

(Reuters) -Federal Reserve Governor Michelle Bowman on Tuesday said she continues to anticipate that the U.S. central bank will deliver interest rate cuts at its final two policy meetings of 2025. I continue to see two more cuts before the end of this year, Bowman said at an event in Washington.  The Fed last month cut its benchmark interest rate...

WASHINGTON (Reuters) -President Donald Trump will host Argentina's president, Javier Milei, at the White House on Tuesday, just days after the U.S. agreed to provide a major financial lifeline to the South American nation. Earlier this month, Treasury Secretary Scott Bessent announced U.S. support for a $20-billion currency swap with Argentina's central bank, exchanging stable U.S. dollars for volatile pesos....

(Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday the end of the central bank's long-running effort to shrink the size of its holdings, widely known as quantitative tightening, or QT, may be coming into view. Given the central bank's long-running goal of leaving enough liquidity in the financial system to allow for firm control of short-term rates and normal...