Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday. In Kevin Warsh‘s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned…
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there. In fact, there have been few instances over the past 35 years or so when the Fed has only made one…
Joachim Nagel, President of the Bundesbank, Germany’s central bank, speaks to members of the Foreign Journalists’ Association on April 23, 2024 in Berlin, Germany. Michele Tantussi | Getty Images Inflation is at risk of remaining above target despite the U.S. and Iran agreeing to end their war in the Middle East, a top European central…
Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, during the Bloomberg Invest event in New York, US, on Tuesday, March 3, 2026. Michael Nagle | Bloomberg | Getty Images Minneapolis Federal Reserve President Neel Kashkari said Friday he has changed his outlook and now expects that one interest rate…
Federal Reserve Chair Kevin Warsh looks on during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty Images It could have been a big week for bond bears, if it weren’t for crude oil. US GDP came in above expectations and…
The best government bond market may be outside the United States. Allspring Global Investments’ George Bory is pushing clients toward countries whose central banks are raising interest rates or have different inflation dynamics. “Bond markets everywhere have rushed to price inflation. Places like the UK, certainly across Europe, even places like Australia — we’ve seen…
U.S. President Donald Trump arrives with incoming Federal Reserve Chair Kevin Warsh for Warsh’s swearing-in ceremony at the White House in Washington, D.C., U.S., May 22, 2026. Jonathan Ernst | Reuters With inflation topping 4%, the Trump administration is easing off its long-standing calls for the Federal Reserve to immediately cut interest rates. That is…
New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. Eric Lee | Reuters Federal Reserve Chairman Kevin Warsh has added two more key advisors as he seeks to remake how…
Two Federal Reserve officials on Thursday indicated some optimism on inflation, though neither indicated a likelihood that interest rates will change anytime soon. Chicago Federal Reserve President Austan Goolsbee said Thursday that inflation is still trending the wrong way though there have been a few bright spots. A little later in the afternoon, New York…
US Federal Reserve Chair Kevin Warsh speaks during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chen Mengtong | China News Service | Getty Images U.S. Treasury yields climbed on Monday, pushing the 2-year yield to its highest since early last year, as investors…
