Monetary Policy
Tension is escalating among the policymakers responsible for managing inflation as the economic repercussions of the US-Israeli conflict with Iran expand. During the meeting of Federal Reserve officials on March 17-18, shortly after the onset of the war, Chair Jerome
A single word in the Federal Reserve’s extensive policy statement issued this week is generating concern among its officials, with some cautioning that it may ultimately have detrimental effects on the US economy. That term is “additional.” Since the early
Fed Keeps Rates Steady Amid Uncertainty
The Federal Reserve on Wednesday maintained interest rates at their current level for the third consecutive meeting, as several key policymakers expressed apprehension regarding persistently high energy prices, which are influenced by the ongoing US-Israeli conflict with Iran. Federal Reserve
Kevin Warsh, President Donald Trump’s selection to head the Federal Reserve, is now well-positioned to take on one of the most influential roles in the global economy — potentially promoting an agenda that corresponds with Trump’s inclination for reduced interest
Kevin Warsh has devoted years to critiquing the Federal Reserve for its excessive actions. More recently, he has indicated that it may require taking the contrary approach. That tension will be at the forefront Tuesday during his confirmation hearing before
Federal Reserve Chair Jerome Powell emphasized that the US central bank will not lower interest rates again until inflation begins to cool down. And that’s before it even begins to contemplate the potential ramifications of the conflict in West Asia.
Central banks from Washington to London to Jakarta are poised to deliver their initial evaluations of the economic repercussions following more than two weeks of conflict between the US and Iran. Decisions in the coming week involving every member of
War and Oil Risks Complicate Fed Rate Cuts
As President Donald Trump appears poised to appoint a Federal Reserve chair who shares his inclination for lower interest rates, the president’s conflict with Iran may complicate the implementation of those rate cuts. Fed policymakers were already anticipated to maintain
In December, Kevin Warsh suggested how he might advocate for lower interest rates. AI is ushering in “the most productivity-enhancing wave of our lifetimes — past, present and future,” Warsh, who was nominated by President Donald Trump as Fed chair
President Donald Trump stated that his choice to head the Federal Reserve has the potential to drive the economy to grow at a rate of 15 percent, a highly optimistic goal that highlights the significant pressure Kevin Warsh will encounter