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Federal Reserve

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Fed Chairman Kevin Warsh Signals Unyielding Inflation Fight in Congressional Testimony
Posted inEconomy

Fed Chairman Kevin Warsh Signals Unyielding Inflation Fight in Congressional Testimony

On Wednesday, newly appointed Federal Reserve Chairman Kevin Warsh pledged to lawmakers during a high-stakes congressional hearing in Washington, D.C., that the central bank will deploy all necessary tools to…
Posted by Prasenjit Bhowmik July 15, 2026
U.S. Inflation Cools in June as Falling Gas Prices Offer Relief
Posted inEconomy

U.S. Inflation Cools in June as Falling Gas Prices Offer Relief

In June 2026, U.S. consumer inflation cooled more than economists anticipated as a sharp decline in gasoline prices offset previous energy-driven spikes, offering temporary relief to households and policymakers alike.…
Posted by Prasenjit Bhowmik July 15, 2026
BofA CEO Brian Moynihan Dismisses Recession Fears Despite Aggressive Fed Rate Hike Forecasts
Posted inEmerging Market

BofA CEO Brian Moynihan Dismisses Recession Fears Despite Aggressive Fed Rate Hike Forecasts

On Wednesday, Bank of America CEO Brian Moynihan dismissed mounting Wall Street recession fears during an interview on the New York Stock Exchange floor, arguing that the resilient U.S. economy…
Posted by Prasenjit Bhowmik July 15, 2026
Fed Chair Kevin Warsh Asserts 'No Tolerance' for Inflation in Debut Congressional Testimony
Posted inEconomy

Fed Chair Kevin Warsh Asserts ‘No Tolerance’ for Inflation in Debut Congressional Testimony

On Tuesday, Federal Reserve Chair Kevin Warsh declared to House lawmakers that the central bank has "no tolerance" for persistently elevated inflation, defending the Fed's decision to hold interest rates…
Posted by Prasenjit Bhowmik July 15, 2026
Fed Governor Christopher Waller Warns Interest Rates May Stay Higher for Longer Amid Stubborn Inflation
Posted inBusiness Insights

Fed Governor Christopher Waller Warns Interest Rates May Stay Higher for Longer Amid Stubborn Inflation

Federal Reserve Governor Christopher Waller warned on Wednesday that the central bank may need to hold interest rates at their current high levels for longer than expected, or potentially raise…
Posted by Prasenjit Bhowmik July 14, 2026
Decoding the Consensus: How The Wall Street Journal's Economic Survey Shapes Market Expectations
Posted inEconomy

Decoding the Consensus: How The Wall Street Journal’s Economic Survey Shapes Market Expectations

Discover how the Wall Street Journal economic forecasting survey aggregates expert predictions to shape market expectations and guide financial decisions.
Posted by Prasenjit Bhowmik July 13, 2026
Fed Chair Kevin Warsh Faces High-Stakes Decision on Interest Rate Reversal
Posted inEconomy

Fed Chair Kevin Warsh Faces High-Stakes Decision on Interest Rate Reversal

New Fed Chair Kevin Warsh faces a major policy test as Congress questions whether the central bank will reverse recent interest rate cuts.
Posted by Prasenjit Bhowmik July 13, 2026
Economists Lower Recession Risks But Warn of Persistent Inflation, WSJ Survey Finds
Posted inEconomy

Economists Lower Recession Risks But Warn of Persistent Inflation, WSJ Survey Finds

A newly released Wall Street Journal survey of top economists reveals that while the U.S. economy has successfully dodged the worst-case recessionary fears triggered by recent Middle East conflicts, it…
Posted by Prasenjit Bhowmik July 12, 2026
No Relief in Sight: Why U.S. Inflation Will Persist Until 2028
Posted inEconomy

No Relief in Sight: Why U.S. Inflation Will Persist Until 2028

American consumers hoping for a swift end to years of inflationary pressures face a harsh reality check as structural economic shifts and global supply chain strains are expected to keep…
Posted by Prasenjit Bhowmik July 12, 2026
US Job Growth Cools in June as Unemployment Rate Dips to 4.2%
Posted inEconomy

US Job Growth Cools in June as Unemployment Rate Dips to 4.2%

US job growth slowed significantly in June, impacting the economy, despite a slight dip in the unemployment rate.
Posted by Prasenjit Bhowmik July 8, 2026

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