Megan Leonhardt

Megan Leonhardt Federal Reserve Chairman Kevin Warsh on Thursday named the people who will lead the five task forces that will propose ways

The task forces will study Fed communications, the balance sheet, economic data usage, productivity and jobs, and inflation.

Megan Leonhardt ‘We've got a task force for that.' Despite renewed fighting in the Middle East, oil prices fell on Thursday, and all three major indexes posted gains in a broad market rally.

Megan Leonhardt Consumers haven't seen the last of tariff-induced inflation, according to a new research brief released this past week by the Federal Reserve Bank of New York.

A recent survey by the New York Fed showed companies expect to pass along more tariff-related costs. They are likely to be incremental.

Megan Leonhardt Federal Reserve Governor Christopher Waller, a swing vote on the central bank's rate-setting committee, said he would closely

Ranking member Maxine Waters wants Warsh to commit to defending the Fed's independence, warning that relying on the Supreme Court isn't enough. "I hope we hear from you today how exactly you will defend your colleagues and the Federal Reserve," Waters said.

Megan Leonhardt Banking Bonanza . It was a jam-packed day for the markets: earnings season started strong, oil futures fluctuated Federal

It was a jam-packed day for the markets: earnings season started strong, oil futures fluctuated, Federal Reserve Chairman Kevin Warsh testified in front of lawmakers, and the latest June inflation report delivered a cooler-than-expected reading that should make policymakers hold off on raising interest rates—for now. The Dow closed just above the flatline at 0.02%. The Nasdaq Composite was up 0.9% and the S&P 500 finished the day up 0.4%.

Federal Reserve Chairman Kevin Warsh is due to testify before Congress on Tuesday and Wednesday.