Less than a week ago, the United States went to war against Iran. While pundits and economists seek to assess the domestic impact, most experts have so far agreed that it is far too early to make any prediction regarding economic consequences, especially as federal officials (including president Donald Trump) offer shifting objectives and timelines.…
At the January 2026 Federal Open Market Committee (FOMC) meeting, the voting body chose to leave interest rates unchanged. The Federal Reserve’s dual mandate of price stability and maximum employment have been at crossroads the past few months; inflation has trickled up, but the labor market shows signs of softness. At the January meeting, concerns…
President Donald Trump announced Friday morning his nomination of Kevin Warsh—a former Federal Reserve governor—to serve as the next chair of the Federal Reserve, replacing Jerome Powell, who was nominated by Trump during his first term and reappointed by former President Joe Biden. “I am pleased to announce that I am nominating Kevin Warsh to…