Federal Reserve Chairman Kevin Warsh used his Jackson Hole speech Friday to answer critics of his muddled July news conference, delivering a clearer warning that stubborn inflation could push the Fed toward a rate hike. Warsh’s first pair of news conferences as Fed chairman left many in the markets uncertain about where he stood on…
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals Source link
Federal Reserve Chairman Kevin Warsh speaks during a news conference at Federal Reserve headquarters in Washington, July 29, 2026. Win Mcnamee | Getty Images The Federal Reserve‘s cryptic chairman is set to deliver his much-awaited keynote address Friday in Jackson Hole, with markets trying to anticipate what, if anything, he will have to say on…
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on August 27, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Thursday signed an executive order that he said will “immediately” change the name of Lake Ontario to “Lake America.”…
Cleveland Federal Reserve President Beth Hammack on Thursday repeated her call for higher interest rates, saying recent inflation data show the central bank is still too far from its goal. A report released Wednesday showed inflation running around 3% on an annualized basis, the central bank policymaker said. Even though the monthly rates of price…
The tanker LNG ENTERPRISE unloads liquefied natural gas from the Lake Freeport LNG terminal in the United States at the Revithoussa terminal near Athens, Greece, on May 2, 2026. With the conflict in Iran causing disruptions to global gas supplies, US LNG deliveries to Europe have become significant. Nurphoto | Nurphoto | Getty Images Europe…
Vice President JD Vance speaks with reporters after his arrival at Joint Base Andrews in Maryland, May 28, 2026. Matt Rourke | AFP | Getty Images Voters are worried about the cost of living. Comments from the GOP this week are not likely to console them. President Donald Trump, in an interview Wednesday, said the…
US President Donald Trump during an event in the Rose Garden of the White House in Washington, DC, US, on Monday, Aug. 24, 2026. Will Oliver | Bloomberg | Getty Images President Donald Trump submitted a proposed agreement with Saudi Arabia on civil nuclear energy to Congress on Monday, starting a mandatory review period for…
Canada on Tuesday announced retaliatory tariffs against the United States, matching “dollar for dollar” the 50% duties that President Donald Trump imposed over the weekend after a breakdown in trade talks. Ottawa’s new tariffs encompass more than 700 U.S. goods and are worth about $20 billion, mirroring the size of Trump’s latest import taxes on…
Treasury yields steadied on Tuesday as investors await more data releases for insights into the U.S. economic picture. Yields on the 10-year Treasury note — the key benchmark for mortgages, auto loans and credit card debt — were flat at at 4.7021%. The longer-dated 30-year Treasury note yield was also unchanged at 5.2297%. The yield…
