Federal Reserve news, events & figures

Alan Greenspan, who chaired the Federal Reserve for nearly two decades under four presidents, died Monday at 100 from complications of Parkinson’s disease.

Trump’s trust gives Kevin Warsh room to reshape the Fed

Kevin Warsh is expected to keep rates steady in his first Fed meeting, while Trump’s trust may give him room to pursue broader changes.

Wholesale prices jump 1.1% in May as energy costs surge

Wholesale prices rose 1.1% in May, topping forecasts as energy and gasoline costs drove a fresh increase in pipeline inflation.

U.S. inflation rose to 4.2% in May, highest in three years

U.S. consumer prices rose 4.2% from a year earlier in May, matching forecasts but marking the highest annual inflation rate in three years.

Job openings jump to 7.6 million, highest since May 2024

U.S. job openings rose to 7.6 million in April, beating forecasts, while hiring and quits declined in a mixed labor-market signal.

Core PCE inflation rose 3.3% in April, matching forecasts

Core PCE inflation rose 3.3% annually in April, while headline inflation hit 3.8%, keeping pressure on the Federal Reserve.

Fed’s preferred inflation gauge rises to nearly three-year high under Warsh

The Fed’s preferred inflation gauge rose to 3.8% in April, its highest level since May 2023, complicating Kevin Warsh’s start as central bank chief.

Forecasters see inflation surge worsening in coming months

Top forecasters sharply raised U.S. inflation estimates, complicating the Fed’s rate outlook as recent price data show renewed pressure.