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The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...
Kevin Hassett, President Donald Trump’s longest-serving economic adviser, is a leading contender to become the next Federal ...
The Labor Department’s consumer price index for June is expected to show that overall inflation rose 2.6 percent from June ...
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
US Federal Reserve Chair Jerome H. Powell has said he expects inflation to increase this summer as a result of tariffs, which is seen keeping the US central bank on hold until later in the year.
So it must be that the “Epstein Files,” whatever they are, aren’t as helpful to Donald Trump and his conspiracy sniffer dogs as they’d hoped. Perhaps even unhelpful. Mr. Powell’s architectural ...
Kevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an ...
"Housing will thus soon be a full-blown headwind to broader economic growth," warns Moody's Chief Economist Mark Zandi.
Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Most U.S. stocks are falling on Tuesday after an update on inflation hurt Wall Street's hopes for lower interest rates. But indexes are staying close to their records thanks to Nvidia, the market's ...
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...