Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
ayoobkk2022 WASHINGTON — Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators…
Inflation
Massive AI buildout poses inflation threat as consumers pay more for electricity
WASHINGTON — American consumers — and the Federal Reserve — are being hit with another high-cost headache. The…
Fed minutes: Officials deeply divided over future path of US inflation
WASHINGTON — The Federal Reserve’s rate-setting committee agreed to keep its key rate unchanged at its meeting last…
Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation
WASHINGTON — New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and…
Fed's preferred inflation gauge hits highest level since 2023
The Federal Reserve’s preferred inflation gauge climbed to 4.1% in May, its highest level in more than three…
Trump has a new, surprising take on the higher cost of living: ‘I love the inflation’
WASHINGTON — President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and…
Inflation just increased again. Here’s what that could mean for mortgage interest rates.
A consistently rising inflation rate is likely to adversely impact mortgage interest rates. rawintanpin/Getty Images Another month, another…
Inflation likely reached 3-year high last month as Iran war spikes gas prices
WASHINGTON — Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation…
Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
WASHINGTON — The world is getting more uptight about lending money to President Donald Trump’s government — causing…