WASHINGTON (Reuters) - Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker's term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he won the Nov. 5 election, the former president told Bloomberg in an interview published Tuesday. ...

The International Monetary Fund (IMF) revised its projected economic growth for the U.S. in 2024, lowering it to 2.6%. What Happened: The revision is 0.1 percentage points below the agency’s April projection. The IMF cited a slower-than-expected start to the year and an anticipated cooling in the labor market as reasons for slower GDP growth. The IMF also expects GDP...

WASHINGTON (Reuters) - Recent data suggests inflation will continue to decline to the U.S. central bank's 2% target, Federal Reserve Governor Adriana Kugler said on Tuesday, citing the faster drop in price pressures in recent months, moderation in wages, and an emerging balance between businesses' demand for workers and the number of people looking for jobs. The job market in...

WASHINGTON (Reuters) - U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience that bolstered economic growth prospects for the second quarter. The better-than-expected report from the Commerce Department on Tuesday also showed sales in May were higher than initially estimated. It did not...