The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
Category: United States Economy
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Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts
The New York Times – Business: -
The U.S. Started the War. The Rest of the World Is Feeling the Effects.
The New York Times – Business:In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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For the Modern C.E.O., It’s All About Being ‘Resilient’
The New York Times – Business:The ability to stay calm and lead through any kind of shock is the new normal for corporate executives.
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Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Companies, Not Consumers, to Cash In Big From Tariff Refunds
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Kevin Warsh, Trump’s Fed Chair Pick, Faces Skepticism Over Claim of Independence
The New York Times – Business:Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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Trump’s Fed Pick to Defend Central Bank’s Ability to Set Rates Independently
The New York Times – Business:Kevin M. Warsh is set to testify at the Senate Banking Committee on Tuesday even as a criminal investigation into the central bank risks delaying his ascension to become the next chair.
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Why Your Paycheck Feels Smaller
The New York Times – Business:Ben Casselman, our chief economics correspondent, explains why wages are not keeping up with inflation and what that means for American workers and the economy.
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White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
The New York Times – Business:Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
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Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
The New York Times – Business:Higher inflation is leading companies to raise prices without sacrificing margins.
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Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing
The New York Times – Business:Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.
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Middle East War Will Slow Global Economic Growth, I.M.F. Warns
The New York Times – Business:The conflict could also fuel another bout of inflation, according to the International Monetary Fund.