The Federal Open Market Committee executed its first monetary tightening in three years under Fed Chair Kevin Warsh.
Tag: Federal Reserve
US PCE Inflation Accelerates to 4.1% Year-on-Year in May — Highest Since April 2023
Personal consumption expenditure data shows inflation still uncomfortably above target as energy costs from the Iran conflict filter through to household spending.
Gold Struggles Under Hawkish Fed and Easing Geopolitical Risks on June 27, 2026
Precious metals prices fell due to a strong US dollar and high interest rate projections.
Stocks Slump as Big Tech Sinks After Strong May Jobs Report Boosts Rate Fears
Wall Street markets fell sharply as a strong jobs report raised concerns about the Federal Reserve keeping interest rates higher for longer.
Federal Reserve Inspector General Initiates Thorough Review of Regional President Reappointments
The Fed’s IG office is examining administrative alignment and governance practices across regional central banking arms.
Kevin Warsh Sworn In as Fed Chair Amid Iran Conflict Inflation Pressures
The new Federal Reserve chairman takes office facing an economy still rattled by war-driven energy costs.
March CPI Hit 3.3% Year-on-Year as Gasoline Prices Surged 21% Month-on-Month
The Fed’s last FOMC meeting under Chair Powell saw significant disagreement over rate paths amid war inflation.
Kevin Warsh Sworn In as Federal Reserve Chair at White House Replacing Jerome Powell
Kevin Warsh was officially installed as the 11th modern Fed chair in a White House East Room ceremony with Justice Clarence Thomas administering the oath