Jonnelle Marte

U.S. consumers’ near-term inflation expectations inched higher in April, while the long-term price outlook remained stable, according to a Federal Reserve Bank of New York survey. U.S. consumers said

The Senate narrowly confirmed Kevin Warsh chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.

El Senado confirmó por un estrecho margen a Kevin Warsh como presidente de la Reserva Federal, en la que será la transición de liderazgo más controvertida en el banco central estadounidense en décadas y una prueba de su independencia política.

The Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve, setting up a controversial leadership transition at the U.S. central bank.

Federal Reserve Bank of Philadelphia President Anna Paulson said she favored holding interest rates steady and conditioned lower borrowing costs on making sustained progress on inflation.

Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to how much he can revamp on his own — and that even in areas where he can make sweeping reform, it might be smarter for him to hold back.

(Bloomberg) -- Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to

(Bloomberg) -- Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to

Federal Reserve Bank of St. Louis President Alberto Musalem said policymakers cannot depend on a potential productivity boom from artificial intelligence to ease elevated inflation.

Federal Reserve Bank of Cleveland President Beth Hammack said it’s reasonable to hold interest rates steady for now given uncertainties about the economic outlook, but officials may need to act soon to address elevated inflation.