Enda Curran

Federal Reserve Vice Chair Philip Jefferson said he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off, though he warned inflationary risks remain tilted to the upside.

(Bloomberg) -- Kevin Warsh won the race for Federal Reserve chairman partly by mapping out a route to lower interest rates.

Federal Reserve Bank of New York President John Williams said it’s unclear how a lift in productivity will ultimately impact interest rates and the central bank’s policymaking.

(Bloomberg) -- Federal Reserve Governor Christopher Waller the spread of stablecoins around the world could amplify the influence of US central-bank policy.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns Zepbound to Drug Plans After Lilly Slashes Price“Countries that

The Federal Reserve should avoid any move to significantly shrink its balance sheet, two prominent economists warned Tuesday — arguing against a strategy that the US central bank’s new chairman has specifically called for.

Christina and David Romer say the Fed needs to be vigilant to keep inflation expectations anchored.

The US labor market is back on its feet, strong employment data showed Friday, stoking concerns of another inflation sting and bolstering arguments from some Federal Reserve officials that they may need to raise interest rates later this year.

The impact is particularly pronounced for emerging economies that rely on the Middle East for oil, petroleum, gas and fertilizer.

The massive buildout of data centers is driving up costs for critical hardware used in phones, computers and cars.

Days after filing confidentially to go public, Anthropic, the $965 billion artificial intelligence juggernaut that’s one of the fastest-growing startups of all time, dropped another bombshell.