U.S. World Business Lifestyle
Today: July 17, 2026
Today: July 17, 2026

Federal Reserve

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Dollar set for weekly drop as traders trim wagers on rate hikes

The dollar held steady on Friday but was poised for a weekly decline as a tame U.S. inflation report this week led traders to cut bets on imminent rate

Dollar set for weekly drop as traders trim wagers on rate hikes
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Fed may need to hike rates if inflation does not ease soon, Jefferson says

Federal Reserve Vice Chair Philip Jefferson on Thursday suggested he would be open to raising interest rates if there is no near-term

Fed may need to hike rates if inflation does not ease soon, Jefferson says
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Dollar firms as US-Iran tensions renew oil price risk

The dollar clung to gains against major peers on

Dollar firms as US-Iran tensions renew oil price risk
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Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now

Inflation is proving persistent across a broad range of goods and services, and remains the focus of monetary policy given a stable labor market,

Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now
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Ex-Federal Reserve adviser sentenced to prison for lying about China ties

A former senior adviser to the U.S.

Ex-Federal Reserve adviser sentenced to prison for lying about China ties
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As Fed Chair Warsh sticks to policy silence, colleagues voice their views

Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their

As Fed Chair Warsh sticks to policy silence, colleagues voice their views
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Economic activity rising and inflation easing slightly, Fed survey shows

Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on

Economic activity rising and inflation easing slightly, Fed survey shows
Business|Economy|Finance

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
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Fed's Cook says she is prepared to act soon if inflation does not begin to slow

U.S.

Fed's Cook says she is prepared to act soon if inflation does not begin to slow
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US money market funds turn defensive with Fed rate outlook uncertain

Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.

US money market funds turn defensive with Fed rate outlook uncertain
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US producer prices post largest drop in 14 months; inflation risks still tilted to the upside

U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside
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Fed Chairman Warsh questioned about independence from Trump

Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.

Fed Chairman Warsh questioned about independence from Trump
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Fed's Williams: "Unquestionably too-high" inflation may soon subside

While inflation is "unquestionably too high," there are reasons to believe it may have crested and should soon start subsiding, and U.S. monetary policy is

Fed's Williams: "Unquestionably too-high" inflation may soon subside
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Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says

The U.S.

Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says
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Top Fed officials embrace cooler inflation reading, clamor for more

Top Federal Reserve officials on Tuesday welcomed fresh data showing consumer price inflation cooled last month, but said they would need more such readings to feel

Top Fed officials embrace cooler inflation reading, clamor for more
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Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities

MSCI's global equities index rose on Tuesday after softer-than-expected U.S. inflation data and strong bank earnings, while oil

Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
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S&P 500 and Nasdaq open higher as CPI, bank earnings take focus

The S&P 500 and the Nasdaq opened higher on Tuesday after softer-than-expected inflation data fueled bets that the Federal Reserve could take a less hawkish stance on interest

S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
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Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review

The way the Federal Reserve has conducted U.S. interest rate policy for almost two decades is up for review by one of the task forces

Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review
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Fed's Warsh: Committed to both inflation and employment mandates

Federal Reserve Chairman Kevin Warsh on Tuesday said he is just as committed to the Fed's employment mandate as he is to the inflation mandate that he has repeatedly emphasized

Fed's Warsh: Committed to both inflation and employment mandates
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Inflation cools more than expected in June as gas costs fall, underlying prices ease

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected

Inflation cools more than expected in June as gas costs fall, underlying prices ease
Business|Economy|World

US consumer inflation moderates; upside risks remain amid renewed Middle East conflict

U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial

US consumer inflation moderates; upside risks remain amid renewed Middle East conflict
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JPMorgan's Dimon says regulators should not set 'false' capital requirements

U.S. bank regulators should not set capital requirements in an artificially high way, JPMorgan Chase CEO Jamie Dimon said Tuesday, intensifying his

JPMorgan's Dimon says regulators should not set 'false' capital requirements
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Fed chief Warsh vows to 'do my job' if challenged by Trump

U.S.

Fed chief Warsh vows to 'do my job' if challenged by Trump
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Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move