Jeffry Bartash

Fed chief Kevin Warsh said top central bankers would continue to meet eight times a year, but one meeting in 2027 and two in 2028 would be devoted to broad strategy talks and not include any actual votes on whether to change interest rates. Seven meetings in 2027 would include an interest-rate vote

When Fed chief Kevin Warsh took the job earlier this year, he pronounced he would not hint at future interest-rate decisions by the Fed. The Fed erred, he said, by hinting to Wall Street too much in the past. Well, it sure seems like the Fed gave forward guidance all right. Wall Street doesn't expe

Wall Street investors overwhelmingly expect the Fed to raise interest rates in December. What they want to hear most from Kevin Warsh in his press conference is anything - anything - that suggests December is a go. "Chair Warsh is unlikely to offer any direct forward guidance in his press conferenc

Fed Chairman Kevin Warsh said the central bank chose to wait for more data on the economy before determining when or whether to raise interest rates again. "The period right in front of us is information-rich," he said, referring to a handful of crucial reports on inflation, jobs and the economy th

America has always been a job-creating machine. It has broken down for three straight years, and the implications could be with us for a long time.

Check back for updates. Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank's work is far from done.

Yearly rate of U.S. inflation climbs to 3.6%

AI revolution and ‘wealth effect’ fuel expansion

The U.S. economy ripped off its fastest rate of growth in more than a year, amped up by the boom in artificial intelligence and strong spending by wealthier Americans.

Consumer spending rose sharply in September, but it largely reflected households spending more on gas and transportation after an increase in energy costs.