Gas prices are high, mortgage rates are climbing and inflation remains well above target, complicating the president’s midterm appeal.
Category: Federal Reserve System
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Inflation Complicates Trump’s Midterms Pitch to Voters
The New York Times – Business: -
Elevated Inflation Keeps Pressure on Fed to Raise Rates
The New York Times – Business:The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
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Bessent Takes on the Bond Vigilantes
The New York Times – Business:As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm.
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A $5,000 ‘Trump Dividend’? The Bond Market May Like a Word.
The New York Times – Business:President Trump’s latest political gambit could cost more than $1 trillion, and further roil a volatile bond market.
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The Bond Markets Are Pushing Up Rates. Will Central Banks Follow?
The New York Times – Business:Around the world, rising bond yields reflect shifting expectations on how fast policymakers will raise interest rates.
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Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
The New York Times – Business: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.
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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.
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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.
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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.
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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.
