Warsh, on track to become the next chair of the Federal Reserve, prefers trimmed mean inflation, which eliminates price extremes. It could also lead the Fed to cut rates sooner.
3 minute read
The comments challenge the case for cheaper borrowing costs made by Kevin Warsh and the Trump administration.
3 minute read
The Fed’s next chair has a president who wants rate cuts and central bank policymakers who don’t. He actually can satisfy both.
Long Read
The Justice Department is seeking to vacate a ruling that blocked its subpoenas in the now-paused investigation of Federal Reserve Chair Jerome Powell.
3 minute read
The language in question first appeared when the Fed began its current easing cycle in September 2024.
3 minute read
Warsh, Powell’s presumed successor as Federal Reserve chair, will take the reins in mid-May with Fed officials divided in their policy outlook and his predecessor still at the table.
4 minute read
The Fed’s preferred inflation gauge climbed in March as soaring oil prices spilled over into the economy.
3 minute read
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