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Fed Reserve

All articles tagged with #fed reserve

Fed Minutes Hint at Hikes If Inflation Sticks Around
economy6 days ago

Fed Minutes Hint at Hikes If Inflation Sticks Around

Fed minutes show many policymakers signaled that further tightening would likely be needed if inflation does not decline, with a few officials advocating a rate hike at the meeting to head off a steeper path later; although July inflation data were modestly encouraging, several officials warned that underlying price pressures and AI-driven wage growth could keep inflation elevated, and Warsh floated reducing the Fed's meetings from eight to six to buy more information between decisions.

Markets hold steady ahead of megacap earnings and Fed decision
markets29 days ago

Markets hold steady ahead of megacap earnings and Fed decision

Futures were little changed after a choppy session as traders brace for a week of megacap earnings (Amazon, Meta, Microsoft, Apple) and a Federal Reserve rate decision. The Dow rose for a second day while the Nasdaq declined on semiconductor weakness, and oil prices paused with Brent under $90 as tension in the Middle East eased. Investors await guidance on the Fed’s path, with talk of balance-sheet shrinkage potentially paving the way for future rate cuts. After-hours movers included Cadence Design Systems and Rambus, while Universal Health Services cut guidance and Williams-Sonoma drew analyst interest on an initiation.

Former Fed Adviser Sentenced Over 3 Years for Lying About China Ties to Fed Information
business1 month ago

Former Fed Adviser Sentenced Over 3 Years for Lying About China Ties to Fed Information

A former senior adviser to the Federal Reserve Board was sentenced to more than three years in prison for lying to federal investigators about sharing restricted monetary-policy information with Chinese intelligence; he was acquitted of the conspiracy-to-commit-economic-espionage charge. The case comes as the U.S. tightens scrutiny of Chinese economic espionage, with an additional 12 months of supervised release imposed.

Iran detente nudges mortgage rates down, but Fed hike risk looms
economy2 months ago

Iran detente nudges mortgage rates down, but Fed hike risk looms

Mortgage rates edged lower to about 6.47% for a 30-year fixed as tensions with Iran eased, offering a brief reprieve for homebuyers, who appear willing to accept rates above 6% as the new norm; but the Federal Reserve signaled a possible rate hike later this year to combat inflation tied to the Middle East conflict, and stronger inflation data complicates any sustained decline in rates, even as housing demand remains resilient.

Iran-driven inflation heights push Fed toward potential rate hikes under Warsh
business3 months ago

Iran-driven inflation heights push Fed toward potential rate hikes under Warsh

April Fed minutes reveal a hawkish drift as inflation pressures from the Iran–Israel conflict intensify, with more policymakers suggesting tightening may be needed if inflation stays above 2%. The minutes also show wariness about easing as Warsh takes the helm, even as Powell departs; markets and economists increasingly expect higher rates rather than cuts this year, supported by a resilient labor market and rising bond yields.

Powell to Stay on Fed Board as Warsh Heads for Chair Amid Political Scrutiny
business3 months ago

Powell to Stay on Fed Board as Warsh Heads for Chair Amid Political Scrutiny

Powell will remain on the Federal Reserve Board after his chair term ends May 15 to oversee the ongoing probe into the Fed HQ renovations, while Kevin Warsh has cleared a Senate committee to become the next Fed chair and is expected to be sworn in before Powell’s term ends. Analysts say the transition is unusual and likely to be slow and consensus-driven, with potential shifts in how the Fed communicates and conducts policy, as the board’s balance could tilt if more Trump appointees move.

Fed holds rates as Powell's chair tenure nears end, Warsh confirmation looms
business3 months ago

Fed holds rates as Powell's chair tenure nears end, Warsh confirmation looms

The Federal Reserve kept rates at 3.5%–3.75% and maintained a wait‑and‑see stance amid Iran‑related uncertainty and higher energy costs, with a 3.3% inflation reading dampening near‑term cuts and suggesting any easing could be delayed to 2026; Powell will stay on the Fed board until the probe into him is resolved, while Trump’s legal attacks on the Fed are criticized as battering the institution; Warsh’s confirmation moves forward after the DOJ dropped the probe, making a Senate vote likely before Powell’s term ends on May 15.

politics4 months ago

Capitol Hill in Overdrive: Fed Oversight, Immigration Vote-Rama, and High-Stakes Policy Fights

A sprawling live update from Politico paints a hectic Capitol Hill: Senate leaders signal widened oversight of the Federal Reserve to help move Fed chair nominee Kevin Warsh amid a DOJ probe, while both chambers gear up for a marathon budget/vote-a-rama focused on immigration funding. The week also features Iran war powers debates, AI-tool expansions for Senate operations, discussions about potential pardons in the Epstein-Maxwell case, scrutiny of Kennedy’s vaccine policy, and a Sanders amendment to codify drug-price deals, all set against House-FISA tensions, Virginia redistricting fallout, a vanished New Jersey lawmaker, a death in Congress, and a stark public disapproval rating for Congress. The bundle of stories highlights partisan brinkmanship, procedural wrangling, and the wide array of clashes shaping the 2026 agenda.

Warsh clears disclosures as Fed chair bid moves toward Senate hearing
business4 months ago

Warsh clears disclosures as Fed chair bid moves toward Senate hearing

Warsh has filed the required financial disclosures and the Senate Banking Committee could schedule a hearing next week, moving his bid to be Fed chair forward; however, final approval remains uncertain as Sen. Tillis has signaled he will block until a federal criminal probe into Jerome Powell is resolved, with Powell’s term ending May 15 and the White House aiming for Warsh to be in place by then.