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The following information was released by the Cato Institute:. When Kevin Warsh was nominated in January to be Federal Reserve chair, the monetary policy debate was over how quickly to lower interest rates. The Fed forecast that inflation would return to the central bank's 2 percent target, already suggesting that interest rates should ease.

When Republican members of Congress grouse about the president’ s excesses, it’ s usually just talk. Thom Tillis used his power over confirmations to force the Trump Justice Department to drop its frivolous criminal probe into Federal Reserve Chair Jerome H. Powell. The " Anti-Weaponization Fund" announced this week is part of the "settlement" of President Donald…

BY JOHN H. COCHRANE When Kevin Warsh was nominated in January to be Federal Reserve chair, the monetary policy debate was over how quickly to lower interest rates. The Fed forecast that inflation would return to the central bank’ s 2 percent target, already suggesting that interest rates should ease. The debate was over faster cuts.

WASHINGTON- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…

Gold prices moved slightly higher at the start of the week as the U.S. dollar weakened, making the precious metal more attractive to overseas buyers. However, gains remained limited due to rising Treasury yields and surging oil prices, both of which intensified concerns over inflation and the possibility of tighter monetary policy.  With investors closely watching central bank policy […]

The following information was released by the Federal Reserve Bank of Richmond:. President, Federal Reserve Bank of Richmond. Over the last several years, the U.S. economy has faced wave after wave of supply shocks.

WASHINGTON— Federal Reserve officials' concerns about inflation being stoked by the Iran war intensified last month, with a growing number open to the possibility that they may need to raise interest rates, in a sign that incoming Chair Kevin Warsh will inherit an increasingly hawkish crew of central bankers. A majority of Fed policymakers at their April 28-29…

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’ s traditionally the housing market’ s busiest time of the year. The benchmark 30- year fixed rate mortgage rate rose to 6.51% from 6.36% last week, mortgage buyer Freddie Mac said Thursday.

After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank. President Trump's "solution" to the economic problems facing many Americans is lower interest rates. Jerome Powell, who Warsh is succeeding as Fed chair, has refused to lower rates to the level desired by President Trump.

The following information was released by the Federal Reserve Board:. At EMERGE Financial Health 2026 Scaling Progress, Shaping the Future, Atlanta, Georgia. Thank you for the opportunity to speak to you today.1 In preparing for this event, I found myself reflecting on the evolution of the concept of financial health.

The Bank of England announced layoffs in March 2026 from a base of 5,700. Germany's Bundesbank reports a core staff of 10,333. The Reserve Bank of India has a staff of 13,520, according to the Economic Times, a business newspaper that focuses on India. President Trump and the Treasury secretary, Scott Bessent, have been speaking about the issue.

Mark R. Warner and John Kennedy, members of the Senate Committee on Banking, Housing, and Urban Affairs, introduced theDiscount Window Preparedness Act of 2026, legislation to improve the effectiveness of the Federal Reserve discount window, a liquiditytool that provides short-term loans to depository institutions, such as commercial and community banks…

Senator Lisa Blunt Rochester, a member of the Senate Banking, Housing, and Urban Affairs Committee, today sent a letter to the Federal Reserve Board of Governors requesting information regarding the recent decision to grant a limited-purpose Federal Reserve master account to Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution…

He said inflation rose marginally for two consecutive months, largely induced by external shocks, especially the ongoing war between the US/ Israel and Iran, which has exerted upward pressure on energy prices and transportation costs.. The Governor of the Central Bank of Nigeria, Olayemi Cardoso, said the impact of the United States/ Israel and Iran conflict on…

Looking at Freddie Mac’ s rate archives, interest rates in 2026 decreased for four straight weeks until the U.S. and Israel attacked Iran at the end of February. Now, with the interest ratequarterback Federal Reserve Board chairman Jerome Powell about to step down, experts are reviewing his eight-year scorecard. An inescapable part of Powell’ s legacy will be the…

The Investment Company Institute released the following statement on the Securities and Exchange Commission's proposed amendments to registered offerings. "ICI is pleased to see the SEC's proposed amendments include reforms that would encourage capital formation and expand access to closed-end funds and business development company offerings.

The following information was released by Massachusetts Senator Elizabeth Warren:. U.S. Senator Elizabeth Warren released the following statement in response to the passing of Congressman for Massachusetts and U.S. House Financial Services Committee Chairman Barney Frank:. "In the aftermath of the worst economic crisis since the Great Depression, Barney…