See How the First Fed Statement Under Warsh Evolved
Interest rates didn’t change, but the language in Fed’s policy statement, which it released alongside its rate decision today, certainly did.
New York Times
Fed holds rates steady at Warsh’s first meeting.
Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.
Political Spotlight Shines on Warsh for His First Fed Meeting as Chairman
The new Fed chairman is bound to face the unyielding attention of the president that nominated him.
Who is Kevin Warsh, the Fed’s new chairman?
Mr. Warsh will make his public debut as the Federal Reserve’s chairman on Wednesday.
The U.S. Economy Is Leaving Small Businesses Behind
Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances.
European Union Lawmakers Approve Much-Delayed Trade Deal With U.S.
After nearly a year of wrangling, the deal the European Union struck with President Trump in Turnberry, Scotland, is headed for final approval.
The Iran War Permanently Altered the Global Economy
The global order has been altered, and economies are unlikely to simply pick up where they left off before the U.S. and Israel began bombing Iran.
Potential End of War Tests Trump’s Promise of Quick Economic Rebound
Gas prices and other goods could remain elevated for months, adding to the political challenge facing the White House in the midterm elections.
About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s
Anthropic and OpenAI could join SpaceX with their own initial public offerings, setting many employees up to become millionaires or billionaires.
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