Federal Reserve in Washington
Browse approved Federal Reserve coverage mapped to Washington. Includes 7 news items, 0 events, and 0 figures.
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Fed holds rates steady as inflation pressures persist
The central bank kept its benchmark rate at 3.5% to 3.75%, but an 8-4 vote showed rare internal division over how to frame possible future cuts
Core inflation rose to 3.2% in March as GDP missed forecasts
The Fed’s preferred inflation gauge accelerated while first-quarter growth came in at 2%, complicating the central bank’s next move after it held rates steady
Warsh’s Fed chair nomination advances to full Senate
The Senate Banking Committee backed President Trump’s pick on a 13-11 party-line vote, setting up a confirmation fight as Jerome Powell’s term as chair nears its end
Warsh Signals Limits on Fed Independence in Swap-Line Questions
The Fed chair nominee told Senate Democrats that the central bank’s special deference is strongest in monetary policy, not necessarily in international finance
Trump-Powell feud nears its end after years of public clashes
As Jerome Powell prepares to step down and Kevin Warsh awaits confirmation, the fight over rates, renovation costs and Fed independence remains central to the handover
Powell faces stay-or-go decision as DOJ closes probe
The Justice Department’s move shifts scrutiny of Fed renovations to the central bank’s inspector general and may clear Kevin Warsh’s path to confirmation