Warsh Vows to Beat Inflation, Defend Fed Independence
Fed Chair Kevin Warsh told Congress inflation won't persist on his watch, announced five task forces, and defended the central bank's independence.
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Fed Chair Kevin Warsh told Congress inflation won't persist on his watch, announced five task forces, and defended the central bank's independence.
Alan Greenspan, the influential former Federal Reserve chairman who served from 1987 to 2006, has died at age 100 from Parkinson's complications.
Alan Greenspan, former Federal Reserve chairman who served under four presidents and guided US monetary policy for 18 years, has died at 100.
Alan Greenspan, who served as Federal Reserve chairman from 1987 to 2006 and shaped U.S. monetary policy through boom and crisis, has died at 100.
Kevin Warsh takes over as Federal Reserve Chair, bringing shorter statements, hawkish signals, and task forces. Here's what his leadership means.
The Bank of Japan raised its policy rate to 1%, the highest in 31 years, as it tackles inflation from the Iran war energy shock and a weak yen.
China's May financial data shows M1 money supply growth accelerating to 5.5% while M2 remains stable at 8.6%, signaling improved liquidity.
The ECB raised interest rates by 25 basis points to combat inflation driven by Middle East tensions, increasing credit costs across the Eurozone.
Kevin Warsh was sworn in as Fed chair on May 22, inheriting an economy with 3.8% inflation, a divided FOMC, and pressure from Trump to cut rates.