Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutes

US Fed's inflation concerns grew at June meeting, minutes show

WASHINGTON (Reuters) -- Concern ‌about high inflation mounted at the US central bank's meeting last month, as officials followed Federal Reserve Chairman Kevin Warsh's lead to a more stripped-down policy statement even amid concerns that price increases were broadening and might require interest rate hikes. A few participants at the June 16-17 meeting said there was already a case to raise borrowing costs, even though ‌they ultimately agreed with their colleagues to hold rates steady at this

What to Expect in Markets this Week: Inflation Data, Warsh Testimony in Congress, Bank Earnings

What to Expect in Markets this Week: Inflation Data, Warsh Testimony in Congress, Bank Earnings

Kevin Warsh and the Limits of Monetary Theater

Good intentions and personnel changes at the Federal Reserve can’t rewrite the deeper structural reality of inflation and economic instability. Kevin Warsh’s ascension to Chair will be another case in point: a case study in cautious optimism meeting institutional reality. A former Fed Governor (2006–2011), investment banker, and Bush administration veteran, Warsh brings experience, a monetarist-leaning skepticism of []

June Payrolls Expected to Boost Rate-Hike Bets

The FOMC’s tone at the June meeting, together with Chairman Kevin Warsh’s news conference, has raised the prospect of a near-term rate hike. Aditya Bhave, Head: US Economics at Bank of America, discusses the Fed and his interest rate outlook for the remainder of 2026. (Source: Bloomberg)

First Meeting Under Kevin Warsh Reveals Divided Fed Outlook on Future Interest Rates

The minutes of the U.S. Federal Reserve’s June 2026 meeting, the first under new Chair Kevin Warsh, revealed growing concerns among policymakers over persistent inflation pressures, while highlighting divisions over the future path of interest rates.

Kevin Warsh Just Suggested the Fed May Bring Down the Hammer on Inflation. Could It Spell Trouble for Wall Street?

The market wasn't happy with the new Fed chair's fighting words.

Fed's Warsh downplays inflation fears, offers no hint on upcoming rate decision

Federal Reserve Chair Kevin Warsh early Wednesday addressed concerns about rising inflation, suggesting the numbers are declining. “Inflation risks have come down,” Warsh said during a panel with other central bankers at a conference in Portugal, adding that energy rates have dropped “quite substantially” since the U.S. and Iran signed a framework agreement last month. ...

Tim Wilson grills Jim Chalmers over Labor’s ‘economic incompetence’ and ‘broken promises’

Shadow Treasurer Tim Wilson has grilled Treasurer Jim Chalmers over Labor’s economic incompetence. “Core inflation has risen from 3 per cent to 3.6 per cent over the last year,” Mr Wilson said during Question Time on Wednesday. “Following the treasurer’s failed budget of broken promises and higher taxes, was the treasurer’s promise of ‘inflation has turned the corner’ a further broken promise, or is it just due to economic incompetence?”

The Fed Is Split Because Inflation Is Political

The Federal Reserve minutes from the June 16–17 meeting showed policymakers divided over where interest rates should go next. The official minutes admit the problem plainly. Inflation had “increased further and remained well above” the Fed’s 2 objective, while officials blamed tariffs, supply disruptions tied to the Strait of Hormuz, and demand from the AI []

Market Talk: 'Might see new tensions between White House and the Fed'

New Fed chair Kevin Warsh said he was ready to disappoint anyone who thinks his Fed will tolerate inflation over 2%. Carsten Brzeski of ING told Reuters that if the Fed does hike rates, that could bring it back into conflict with the White House. #News #Markets #Business #FederalReserve #Reuters #Newsfeed 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Trump, GOP race to bring inflation down before midterms

President Trump and his Republican colleagues are in a race against time, hoping that inflation can be bent downward in time to revive their chances in November’s midterm elections. Seen through one lens, the picture is bleak. New data released late last week on personal consumption expenditures (PCE) showed inflation above 4 percent. Even excluding []...Click to read more

Fed report cites ’stepped-up’ inflation due to tariffs, Iran war, AI buildout

Fed report cites ’stepped-up’ inflation due to tariffs, Iran war, AI buildout

Opinion | Inflation Is Now Spreading Through the US Economy

D. Brian Blank and Brandy Hadley write that inflation is no longer contained to just gas prices. The post Opinion | Inflation Is Now Spreading Through the US Economy appeared first on Mississippi Free Press.

Top Three Videos – July 3, 2026

Mark Moss: LEAKED: Trump's 10-Year Plan to Reset the Dollar...Martin Armstrong: GOLD: Mark THIS Date For The Next Rally...Doomberg: Why This War May Have Permanently Changed The Oil Market...

Editorial: Stubborn inflation feeds fear of more rates pain to come

Inflation numbers sit at the very heart of so much of our lives, and the latest figures brought little comfort.

Politics And The Markets 07/03/26

Politics And The Markets 07/03/26

The Fed's Favorite Price-Inflation Measure Just Increased Again

The Fed's Favorite Price-Inflation Measure Just Increased Again

Inflation rises to 3.2% and Torontonians say their paycheques can’t keep up: ‘Groceries are insanely high’

What to know For many Torontonians, even the smallest purchases now feel like a luxury as inflation continues to drive up the cost of living,... The post Inflation rises to 3.2 and Torontonians say their paycheques can’t keep up: ‘Groceries are insanely high’ appeared first on NOW Toronto.

Sunday Summary: No Surprises at Kevin Warsh’s First Fed Meeting

Those who think that this era could stand to get a little less interesting were pleasantly surprised by the Fed meeting last week. To put it as politely as possible, the executive branch of government has not tried to hide its disdain for the previous chairman of the Federal Reserve. Despite the fact that Donald []

Statistics Canada to release consumer price index for May this morning

OTTAWA — Statistics Canada will release its latest reading for May inflation today. High oil and gasoline prices are expected to push inflation higher for the month. The consensus among economists is that the annual inflation rate rose to three per cent in May, from 2.8 per cent in April. T-D Bank senior economist Andrew [] The post Statistics Canada to release consumer price index for May this morning appeared first on CityNews Montreal.