The Fed and the US economy
Ongoing coverage of Fed rate decisions, what Fed officials say, the fight over Fed independence, and US jobs, inflation and Treasury yield data, updated daily.
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Federal Reserve
Administration
What they said
What the key figures said on the record, as reported.
Donald Trump43
Kevin Warsh38
Scott Bessent9
Kevin Hassett9
Lisa Cook5
Christopher Waller4
Neel Kashkari4Beth Hammack4
Austan Goolsbee3
Michelle Bowman2
Trump defends the economy after inflation reportAt a campaign event Wednesday night, Donald Trump portrayed the economy in a positive light and said, “we don't have inflation.”
A
ABC News
Inflation jumps as Trump insists, “We’re richer now”: What you need to knowA federal government report showed prices rose faster than expected in September. Trump discussed the economy in Montana and insisted that Americans are richer now.
A
ABC News
Stocks Waver Ahead of PCE and Micron; Mideast Oil Flows Rebound as Trump Backs AI AuditsU.S. equity futures fluctuate ahead of personal consumption expenditures inflation data and Micron’s earnings. JPMorgan and Goldman Sachs say Middle East oil flows are returning toward pre-war levels despite ongoing shipping risks. President Trump supports independent audits of AI systems under an accord with technology executives.
B
Bloomberg Television
Trump says U.S. growth could hit 20%, a postwar rarityTrump argued that rapid U.S. economic growth should not lead the Federal Reserve to raise interest rates, even as inflation remains above the central bank’s 2% target. He said growth could reach 20%, a level seen only once since World War II.
C
CNBC
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November 20266 related reports
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CBC News
- Fed study finds Treasury dealers’ financing burden can outlast their bond holdingsC
CryptoSlate - Tech selloff could ease pressure on the FedB
Bloomberg Television - The $40 Trillion Problem Washington Won’t Talk AboutB
Bloomberg Television