The Federal Reserve raised interest rates Wednesday for the first time since 2023, tightening monetary policy at a moment when mortgage rates are already back near 7% and the housing market is struggling with another affordability setback. The Federal Open Market...
President Trump has opened his first assault on the Federal Reserve under the chairmanship of Kevin Warsh by threatening to stop trade with some countries if the central bank refuses to lower rates. In a post on Truth Social, the president hailed a...
Federal Reserve Chairman Kevin Warsh delivered a difficult message for the housing industry Friday: The Fed sees the strain in housing, but that weakness is not enough to shift its attention away from inflation. Speaking at the Federal Reserve Bank of Kansas City’s...
A group of Senate Democrats is demanding that Federal Reserve Chairman Kevin Warsh publicly disclose how many conversations he’s had with President Trump since taking the leadership of the central bank. The Wall Street Journal reports the senators sent Warsh a letter...
Federal Reserve Chairman Kevin Warsh reported proposing cutting back on the number of rate policy meetings held by the central bank’s Federal Open Market Committee (FOMC). According to a Wall Street Journal report sourced from unnamed “people familiar with the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
