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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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What they said

What the key figures said on the record, as reported.

  • Kevin Hassett
    Hassett Says Powell Can Decide His Own Future

    National Economic Council Director Kevin Hassett says it is unusual that Jerome Powell remains a member of the Federal Reserve Board of Governors after being replaced as chair. Asked whether Powell should leave, Hassett says the decision belongs to Powell.

    BBloomberg Television 2026-10-02 16:05

  • Kevin Hassett
    Trump and Warsh Talk About the Economy ‘All the Time,’ Hassett Says

    President Donald Trump and Federal Reserve Chairman Kevin Warsh frequently discuss the economy, National Economic Council Director Kevin Hassett says. Hassett characterizes their conversations as happening “all the time.” His remarks center on the regular economic discussions between Trump and Warsh. No policy decision or additional economic measure is identified in the statement.

    BBloomberg News 2026-08-08 14:30

  • Kevin Hassett
    Hassett Says Trump and Fed Chair Warsh Talk About the Economy ‘All the Time’

    National Economic Council Director Kevin Hassett says President Donald Trump and Federal Reserve Chair Kevin Warsh discuss the economy “all the time.” Hassett made the remarks on Bloomberg Open Interest. He says he is sure Trump is not telling Warsh what to do about interest rates. The comments focus on the frequency of their conversations and the independence of rate decisions.

    BBloomberg Television 2026-08-07 15:12

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