‘We are committed to the 2% inflation goal,’ Warsh tells House lawmakers
Federal Reserve Chairman Kevin Warsh testified before Congress on Tuesday, doubling down on his pledge to squelch inflation.…
With Just 6 Words, Fed Chair Kevin Warsh Demolished Expectations. “It’s Hard to Believe,” Says President Trump.
Late last week, new Federal Reserve Chair Kevin Warsh led his first meeting of the agency that sets…
Warsh wants markets to guide the Fed, not the other way around
Instead of directing financial markets with its policy moves, Federal Reserve Chairman Kevin Warsh wants the markets to…
Kashkari says Iran war limits Fed’s ability to provide rate guidance
By Michael S. Derby May 3 (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said Sunday…
Federal Reserve cuts interest rates by 0.25%, Powell warns there’s ‘no risk-free path’
At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation.…
Gold remains above $3,700 ahead of Fed rate decision
Gold (GC=F) futures opened $3,727.30 per ounce on Wednesday. The price of gold has gained 41.6% this year.…
Gold opens above $3,600 ahead of expected rate cut this week
Gold (GC=F) futures opened at $3,680.20 per ounce on Monday, up 0.8% from Friday’s close of $3,649.40. Gold…
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to…