The man who invented the Fed’s magic trick just died. His successor is about to try it again

Some of the most consequential decisions in the global economy of the 1990s were worked out…

President Trump interview: An hour in the Oval Office with the CEO-in-Chief

President Trump can’t believe Jensen Huang doesn’t own his own plane. Hours before he departs for his…

Kevin Warsh’s first Fed meeting: Promises on price stability, but don’t expect forward guidance

In his first appearance as chairman of the Federal Reserve, Kevin Warsh confirmed this afternoon the…

Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as…

Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break

Consumer prices rose 0.5% in May, the Bureau of Labor Statistics reported Wednesday, lifting annual inflation…

The May jobs report just blew past expectations—and maybe too far for markets

The labor market delivered another whopping win on Friday: 172,000 jobs in May, when economists had…

The 30-year yield hasn’t been this high since the Great Recession. Do the bond vigilantes ride again?

Back in 1993, the great Democratic strategist James Carville—famous for his quip, “It’s the economy, stupid”—told…

‘This is not normal’: Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation

The Senate Banking Committee voted 13-11 along party lines Wednesday to advance Kevin Warsh’s nomination as…

‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee

Federal Reserve Chair Jerome Powell announced Wednesday he will remain on the Fed’s Board of Governors…

Ray Dalio warns of stagflation as Fed political pressure grows

American households are already feeling the squeeze of a slower, pricier economy, a situation some observers…