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Colby Smith
Posts
Trump’s Fed Pick to Defend Central Bank’s Ability to Set Rates Independently
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…
Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the…
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in…
Trump Threatens to Fire Powell if He Does Not Resign From Fed
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he…
U.S. Inflation Surged in March as Iran War Pushed Up Prices
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
Fed’s Inflation Woes Preceded the War With Iran
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates.
Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.