BESSENT: VERY GOOD CHANCE TRUMP WILL ANNOUNCE FED CHAIR BEFORE CHRISTMAS -CNBC *BESSENT: TRUMP WAS JOKING WHEN HE SAID HE MIGHT FIRE ME ON FED BESSENT SAYS FED SHOULD MOVE BACK INTO THE BACKGROUND LIKE OLD DAYS US Treasury Secretary Bessent: The 'Ample reserves regime' might be fraying - CNBC. Bessent says there’s a ‘very good chance’ Trump names new Fed chair before Christmas Treasury Secretary Scott Bessent said Tuesday he expects President Donald Trump to make a decision on the new Federal Reserve chair by the holiday season. In a CNBC interview, Bessent, who has been heading the search for a successor to current Chair Jerome Powell, said he still has one interview to go and was not ready to speculate on who might get the job. “I think there’s a very good chance that the president will make an announcement before Christmas,” he said. “But it’s his prerogative, whether It’s the before the Christmas holidays or in the new year. But I think things are moving along very well.”

FED'S MIRAN: THE ECONOMY CALLS FOR LARGE INTEREST RATE CUTS Fed's Miran: I hope jobs data will convince others on Fed to cut rates Fed's Miran: Unemployment Rate Rising Because Monetary Policy Is Too Tight - Fed Should Get To Neutral Rate Quickly - "I Don't See An Inflation Problem" - Is Concerned By Higher Cost Of Living But Fed Policy Needs To Look Ahead FED'S MIRAN SAYS FED BALANCE SHEET SIZE IS DRIVEN BY REGULATORY CHOICES MIRAN SAYS HOPE BANK DEREGULATION HELPS US RESUME ASSET RUNOFF

The Producer Price Index for final demand increased 0.3 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined ...

Retail and food services sales in the United States advanced by 0.2% in September compared to last month's figures, landing at $733.3 billion, the US Census Bureau revealed in its ...