Nick Timiraos

The new chair’s framework has been consistent for two decades. The question now is how much of it his colleagues will accept.

Kevin Warsh is to be sworn in as the Fed chair on Friday, with inflation rising and the bond market signaling a possible rate hike.

President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he’d like to see.

To measure underlying inflation, the new chairman has urged the central bank to look at alternatives to its standard gauge.

To measure underlying inflation, the new chairman has urged the central bank to look at alternatives to its standard gauge.

Accepting an award for political courage, the Fed governor hinted at why he broke with convention to keep his board seat.

Reacceleration in hiring this spring will provide more grist to Federal Reserve officials who are concerned about inflation and fear interest rates are too low to restrain new price pressures. Some of those officials have suggested in recent days the Fed should be prepared to raise rates later this

Friday’s labor-market rebound sets in motion a collision between the new Fed chair, the bond market and the White House.

Friday's labor-market rebound sets in motion a collision between the new Fed chair, the bond market and the White House.

The most important thing to understand about May's consumer price index is that it can't, by itself, resolve much of anything for Federal Reserve officials. A measure of "core" inflation that removes volatile food and energy pric