Incoming Fed Chair Kevin Warsh will have an inflation problem to tackle. It’s getting ugly too. The latest Consumer Price Index (CPI) repor t showed that US inflation has been above the Fed’s 2% target for 62 consecutive months now.

Washington — The Federal Reserve will get a new leader on Friday — but his power isn't as vast as it might seem. The Senate confirmed Kevin Warsh, President Trump's pick for Fed chair, in a 54-45 vote on Wednesday. Mr. Trump's goals for the monetary ...

A hot April inflation report fueled by soaring energy prices is complicating incoming Fed Chair Kevin Warsh’s push for Fed rate cuts in 2026 and reshapes 2027.

By Howard Schneider and Ann Saphir WASHINGTON, May 13 (Reuters) - Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.

President Trump wanted the Federal Reserve to lower interest rates. Fed Chair Jerome Powell refused. Then came the insults, the accusations, and the president’s “shocking” televised visit to the Fed — part of an unprecedented attempt to assert control over the most powerful institution in the U.

Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a scenario that requires some policy tightening to ensure inflation returns to the central bank’s 2% target.

US PPI jumped 6% in April 2026, the hottest reading since 2023, slashing Fed rate cut hopes as services inflation broadens.

Goldman Sachs doesn’t think the Federal Reserve will give the markets what they want. According to TheFly, the bank expects the next two Fed interest rate cuts to come in December 2026 and March 2027,