The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
Category: Federal Reserve System
-
Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
-
Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
-
Powell, an Unlikely Foil, Takes On Trump
Jerome H. Powell, the chair of the Federal Reserve, this week tapped a groundswell of support that has been years in the making.
-
As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
-
In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
-
Blowback Builds Over Criminal Investigation of Powell
Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.
-
Inflation Ended 2025 on Subdued Note
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
-
The Powell Defense Grows
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.
-
Global Central Bankers Express Support for Fed Chair After Criminal Investigation
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.