Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.
Category: Federal Reserve System
-
Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
The New York Times – Business: -
High Debt and Rising Prices Catch Up to Trump, as Midterms Near
The New York Times – Business:To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.
-
Smaller Revision Points to More Accurate Jobs Numbers
The New York Times – Business:The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
-
Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge
The New York Times – Business:Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.
-
Warsh’s Big Test at Jackson Hole
The New York Times – Business:Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.
-
Wall Street Loved Scott Bessent and Kevin Warsh. Not Anymore.
The New York Times – On the Runway:We are approaching a credibility crisis with Scott Bessent and Kevin Warsh leading our economy.
-
Lisa Cook Hits Back at Trump’s Latest Attempt to Oust Her as Fed Governor
The New York Times – Business:Lisa D. Cook hit back at President Trump’s allegations that she had committed mortgage fraud.
-
PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The New York Times – Business:The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
-
‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates
The New York Times – Business:Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge and inflation risks resurfacing.
-
Treasury Turns to Interventionist Tactics to Lower Interest Rates
The New York Times – Business:Treasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important bond market.
-
Did Bessent Put the Fed in a Bind?
The New York Times – Business:The Treasury Department’s plan for bond interventions have calmed markets. But Wall Street is worried about the fallout for inflation and more.