San Francisco Federal Reserve Bank President Mary Daly, in an interview with Reuters published late Monday, said a softening labor market and the lack of tariff-driven inflation so far mea

Global stocks rose for a second session on Tuesday and the U.S. dollar steadied as investors raised bets the Federal Reserve would act to prop up the world's largest economy.

Last week, Adriana Kugler, one of the seven members of the Federal Reserve Board of Governors, announced her resignation. That means that President Donald Trump will have the opportunity to nominate a new member, who will then face the U.S. Senate for confirmation.

President Donald Trump plans to fill two important economic vacancies in the next 3-4 days, he said Sunday. The BLS commissioner and a vacancy on the Fed board.

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth.