Fed News and Updates
U.S. markets brace for inflation test after Fed turns hawkish
Investors head into next week focused on a key U.S. inflation release after the Federal Reserve signals a more hawkish policy stance. The reading is likely to shape expectations for whether the ...
Senate Banking Committee advances housing affordability bill as Fed price stability stays in focus
A bipartisan housing affordability bill moves closer to President Trump's desk after clearing the Senate with an 87 to 9 vote. The measure is aimed at lowering costs for Americans, supporting ...
Federal Reserve signals tighter rate path as Warsh adopts hawkish inflation stance
Financial markets are recalibrating expectations for U.S. monetary policy after Federal Reserve Chairman Kevin Warsh put inflation control at the center of his first high-profile remarks. The ...
U.S. Employment Cost Index highlights five decades of compensation growth
Half a century after its first release, the Employment Cost Index continues to track changes in U.S. wages, salaries, and benefits with a measure designed to avoid distortions from shifts in ...
Fed governor Lisa Cook discloses $1.2 million in legal costs in Trump firing fight
A legal fight over Federal Reserve independence is intensifying as Governor Lisa Cook discloses nearly $1.2 million in payments for legal services tied to her challenge against President Donald ...
U.S. agencies seek comment on stablecoin issuer identification rule
U.S. financial regulators are moving to extend customer identification requirements to permitted payment stablecoin issuers under the GENIUS Act. The proposal would align the sector more closely ...
Massachusetts tops WalletHub economy ranking on innovation strength
A new state-by-state ranking places Massachusetts at the top of the U.S. economy list, reflecting the weight of its technology, research, and education base. The assessment highlights the state's ...
U.S. markets brace for Fed, Intel and JetBlue updates before open
Investors head into Thursday with stock futures rising after a sharp selloff tied to the Federal Reserve's latest policy decision. The trading setup also reflects fresh developments spanning ...
Georgia and Oklahoma insurance races move toward November and August runoff
State insurance commissioner contests in Georgia and Oklahoma are advancing after the June 16 primary elections, shaping the next phase of two closely watched regulatory races. Georgia now has its ...
Federal Reserve holds rates steady as Warsh signals independence on inflation
At his first major interest-rate decision as Federal Reserve chair, Kevin Warsh keeps borrowing costs unchanged and underscores the central bank's focus on restoring price stability. The decision ...
Fed signals hawkish shift under Kevin Warsh after first policy meeting
Markets are reassessing the Federal Reserve's policy stance after Kevin Warsh's first meeting as chair triggers a jump in Treasury yields and a 1.2 per cent drop in the S&P 500. The move reflects ...
Wall Street groups urge U.S. regulators to ease Basel capital rule plans
Bank industry groups are pressing U.S. regulators to revise planned Basel Endgame capital requirements over concerns about potential strain on Treasury market liquidity. The push highlights ...
Wall Street groups seek further easing of U.S. Basel capital rules
U.S. banks are intensifying their campaign against Washington's Basel Endgame capital plans, arguing that the latest market risk proposals could disrupt trading in the Treasury market. The push ...
Fed launches review task forces under new chair Kevin Warsh
Leadership has changed at the Federal Reserve after Kevin Warsh succeeded Jerome Powell, and his first major step is to open a broad review of how the institution operates and communicates. The ...
Federal Reserve policy signals and Iran-U.S. deal weigh on markets
Investors are assessing a mix of monetary policy uncertainty and easing geopolitical risk as Kevin Warsh leads his first Federal Reserve meeting and Washington moves toward an agreement with Iran. ...
House Ways and Means backs Fed rate hold as tax cut debate shapes U.S. growth outlook
The Federal Open Market Committee keeps interest rates unchanged as lawmakers continue to debate how fiscal policy is influencing U.S. economic momentum. Jason Smith says investment, exports and ...
Fed outlines task force overhaul as Warsh holds rates steady
With interest rates unchanged at 3.5% to 3.75%, the Federal Reserve is signaling that its new leadership is focused not only on inflation control but also on reshaping how the central bank ...
U.S. Department of Labor recovers $512 million in fraudulent unemployment funds from Maryland
Federal officials say the latest recovery of pandemic-era unemployment money returns more than half a billion dollars to the U.S. Treasury and pushes Maryland-related recoveries above $1 billion. ...
Fed chair Warsh's inflation stance strengthens case for long-term U.S. Treasuries, Gundlach says
Investors are reassessing expectations for Federal Reserve policy after Chair Kevin Warsh signals a firmer focus on inflation control than markets had anticipated earlier this year. Jeffrey ...
Federal Reserve projections point to possible 2026 rate hikes as inflation outlook worsens
Federal Reserve officials are turning more cautious on inflation after the recent oil price shock tied to the Iran war. Updated projections show a sharp shift from March, with more policymakers ...
U.S. inflation pressures stay above major economies as energy and tariffs lift costs
Price growth in the United States continues to outpace other major economies even as inflation eases in several global markets. Consumer demand, higher energy costs and tariff-related import ...
