U.S. Economy Grew Modestly at End of 2025
Gross domestic product grew at a 1.4 percent annual rate in the last quarter of the year, slowed by the effects of the government shutdown.
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U.S. Inflation Eased at Start of the Year
The Consumer Price Index fell in January to 2.4 percent from 2.7 percent a month
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Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.
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Easing Unemployment Supports Fed Extending Pause on Rate Cuts
January’s jobs data, released on Wednesday, bolstered expectations that the Federal Reserve will hold interest rates steady for longer than previously expected.
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A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
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Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
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For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
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Sell America Is the New Trade on Wall Street
Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
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Stock Market Takes Kevin Warsh’s Fed Nomination in Stride
Stock and bond markets were unfazed by Kevin Warsh’s nomination as the next Fed chair, with the S&P 500 nudging slightly lower in early trading on Friday.
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Will Kevin Warsh Do What Trump Wants?
Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.
Will Kevin Warsh Do What Trump Wants? Read More »