latest news in Federal Reserve

New Federal Reserve Chair Kevin Warsh Targets Balance Sheet Cuts to Lower Interest Rates

New Federal Reserve Chair Kevin Warsh Targets Balance Sheet Cuts to Lower Interest Rates

Washington, Friday, 5 June 2026.
Sworn in this May, Fed Chair Kevin Warsh aims to shrink the $6.7 trillion balance sheet to lower interest rates, intriguingly adopting “strategic ambiguity” for future monetary communications.

White House Economics Director Dismisses Market Speculation of a 2026 Interest Rate Hike

White House Economics Director Dismisses Market Speculation of a 2026 Interest Rate Hike

Washington, Friday, 5 June 2026.
Despite a robust 172,000 jobs added in May, the White House insists financial markets are terribly wrong to expect an interest rate hike this year.

Federal Reserve to Outline New Banking Regulations and Cyber Defenses Before Congress

Federal Reserve to Outline New Banking Regulations and Cyber Defenses Before Congress

Washington, Wednesday, 3 June 2026.
On June 4, the Federal Reserve will brief Congress on upcoming banking regulations, addressing how artificial intelligence is accelerating cyber threats and shifting competition with private lenders.

Federal Reserve Warns Artificial Intelligence Could Trigger Historic Workforce Shifts

Federal Reserve Warns Artificial Intelligence Could Trigger Historic Workforce Shifts

Stanford, Wednesday, 3 June 2026.
Federal Reserve Governor Lisa Cook warns that artificial intelligence could spark the most significant workforce reorganization in generations, balancing potential productivity booms against systemic financial risks.

April Fed Minutes Reveal Internal Debates on Inflation Just Before Leadership Shift

April Fed Minutes Reveal Internal Debates on Inflation Just Before Leadership Shift

Washington, Wednesday, 3 June 2026.
The newly released April 2026 FOMC minutes reveal critical internal debates on inflation and interest rates, offering vital economic insights just weeks before a historic leadership transition.

Federal Reserve Chair Jerome Powell Accepts JFK Profile in Courage Award for Protecting Economic Independence

Federal Reserve Chair Jerome Powell Accepts JFK Profile in Courage Award for Protecting Economic Independence

Boston, Monday, 1 June 2026.
Yesterday, May 31, Fed Chair Jerome Powell accepted the 2026 JFK Profile in Courage Award, honored for defending the central bank’s political independence to safeguard global economic stability.