Retail sales rose 0.6% from January, beating the 0.4% increase economists polled by FactSet had forecast.
3 minute read
The optimism of Fed officials puts them somewhat at odds with a string of gloomy economic signals.
4 minute read
The Fed chair also took questions on private credit, rising oil prices, and more.
Long Read
Federal Reserve governor Michael Barr said Thursday that Kevin Warsh is “well qualified” but will inherit significant challenges if he becomes Fed chair.
4 minute read
Inflation remains well above the Federal Reserve’s 2% annual target. Several Fed governors, speaking recently, outlined differing policy considerations.
3 minute read
Oil prices have surged since the conflict with Iran began, gasoline has jumped, and markets sold off sharply after the Fed’s March decision to keep rates steady.
3 minute read
Warsh, in line to be the next chair of the Federal Reserve, wants to trim the central bank’s balance sheet. Past efforts to do so haven’t gone well.
Long Read
The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence.
3 minute read
Gov. Christopher Waller and Vice Chair for Supervision Michelle Bowman both spoke publicly on Friday after markets nearly priced out rate cuts entirely for 2026.
3 minute read
Trump’s remarks could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair.
3 minute read
The Fed chair made clear that he won’t simply “look through” the surge in crude prices, breaking with the playbook for energy shocks.
4 minute read
The nominee still doesn’t have a Senate confirmation hearing date, although Jerome Powell’s term as chair technically ends May 15.
Long Read
Growth, inflation, jobs, war. The picture is bleaker than it was a month ago, and lower interest rates may not be the answer.
4 minute read
The Fed chair’s legal counsel says Powell’s resignation from the board was never meant to be used as a bargaining chip.
Long Read
The Trump administration will appeal the ruling, Pirro said during a Friday press conference.
4 minute read
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