latest news in economy
Federal Reserve Enlists Tech and Business Leaders to Reshape U.S. Economic Policy
Washington, Thursday, 23 July 2026.
To modernize monetary policy, the Federal Reserve has appointed external experts, including tech pioneer Marc Andreessen, to lead new task forces targeting inflation, artificial intelligence, and economic data.
New Federal Reserve Chief Refuses to Rule Out Further Interest Rate Hikes
Washington, D.C., Thursday, 23 July 2026.
In his first congressional testimony, Federal Reserve Chair Kevin Warsh asserted strict independence, refusing to rule out further interest rate hikes despite political pressure and cooling inflation.