The Senate Banking Committee approved Kevin Warsh's nomination as the next Federal Reserve chair on a strict party-line vote of 13-11 Wednesday, propelling President Donald T...
OTTAWA—The Bank of Canada stands ready to keep its benchmark interest rate at 2.25% when it announces its decision on Wednesday, brushing off a sharp oil price spike tied to the...
The Federal Reserve sits at a crossroads. Inflation lingers above target. Oil prices spike from Middle East tensions. Unemployment edges up to 4.3%. Jerome Powell's term ends...
Kevin Warsh, President Donald Trump's pick to chair the Federal Reserve, drew a firm line Tuesday before the Senate Banking Committee. He wouldn't be anyone's sock puppet. Not o...
Wells Fargo CEO Charlie Scharf didn't mince words Monday. Lowering interest rates now, before the Iran conflict shows any sign of resolution, would be the wrong thing to do. "Un...
Shin Hyun-song stepped into the governor's office at the Bank of Korea on April 21, 2026. Oil prices surged. The Middle East war raged on. His first words: monetary policy mu...
Something snapped in March.American consumers, already weary from years of elevated prices, suddenly ratcheted up their expectations for near-term inflation to levels...
The United States government owes more money than at any point in its history. That alone isn't news. What's new — and what has bond traders, Pentagon strategists, and fiscal...
The Federal Reserve wanted a clean narrative. Inflation was cooling. Rate cuts were coming. The economy was threading the needle between price stability and growth. But the l...
Alberto Musalem isn't blinking. The president of the Federal Reserve Bank of St. Louis made that much clear in remarks delivered Thursday, laying out a case for holding inter...
Federal Reserve Chair Jerome Powell stood before cameras last week and said something that Wall Street has been reluctant to hear. The old playbook — the one where inflation...
Jerome Powell doesn't usually traffic in political philosophy. He's a central banker — measured, deliberate, allergic to controversy. So when the Federal Reserve Chair stood...
Federal Reserve Chair Jerome Powell isn't blinking. Not yet.With a U.S.-Iran nuclear deal suddenly materializing, tariff uncertainty still rippling through global supp...
The U.S. housing market’s anticipated spring revival has been abruptly checked by a familiar adversary: rising mortgage rates. A sharp downturn in mortgage demand, the most s...
WebProNews is an iEntry Publication
