President Trump is said to favor Kevin Warsh as a leading candidate to lead the Federal Reserve, a development that has drawn fresh attention to U.S....
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August 18, 2026
August 18, 2026
Tag: interest rates
Central Bank Holds Rates Steady as Energy and Memory Chip Costs Threaten Fresh Price Pressures
A central bank kept its benchmark interest rate unchanged at its latest policy meeting, even as officials flagged that rising energy prices and higher memory chip...
U.S. Economy Slows to 1.5% in Q2 While Core Inflation Holds at 3.3%
The U.S. economy expanded at a slower pace in the second quarter, growing at an annualized rate of 1.5%, even as core inflation remained sticky at...
Fed’s Preferred Inflation Gauge Eases in June, but Tariff Effects Loom
The Personal Consumption Expenditures price index — the Federal Reserve’s preferred measure of inflation — cooled in June. Economists caution the improvement may be temporary as...