Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.

Federal Reserve Chair Jerome Powell had a flurry of calls with U.S. lawmakers in the week following his January 11 disclosure of a Department of ​Justice investigation into his statements to Congress, ...

Low Fed interest rates as a driver of economic growth, inflation, or both is thoroughgoing Keynesian nonsense.

For much of the last 17 years, the stock market has been virtually unstoppable. With the exception of the five-week COVID-19 crash in February-March 2020 and the nine-month bear m ...

The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.

NEW YORK, Feb ⁠25 (Reuters) - ⁠Federal Reserve Bank of ⁠Kansas City President Jeffrey Schmid said on Wednesday ​that overly ...

Jonathan Newman tackles the new “Federal Reserve Simulator” game in which players try to match wits against the Fed. As Newman found out, however, the same ...

Broadway in Chicago and Kokandy Productions said Monday that Kokandy’s hit 2025 production of Leslie Bricusse and Frank Wildhorn’s “Jekyll & Hyde” will be restaged downtown off Michigan Avenue at the ...

Federal Reserve officials left the federal-funds rate unchanged at their Jan. 27-28 meeting, pausing after three rate cuts late last year. Minutes from that gathering, released Wednesday afternoon, ...

At their most recent meeting, Federal Reserve officials discussed scenarios in which an interest rate hike might be appropriate, according to minutes of it released Wednesday. "Several" Fed officials ...

Almost all of President Trump's tariffs last year were passed on to U.S. consumers and businesses in the form of higher costs, according to an analysis from the Federal Reserve Bank of New York. As ...

Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing ...