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
Bessent urges Fed to keep an ‘open mind’ on US inflation outlookTreasury Secretary Scott Bessent said Federal Reserve policymakers should remain open-minded about interest rates, arguing that productivity gains from artificial intelligence and deregulation will help keep US inflation under control.
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Bloomberg News
Rep. Waters Presses Bessent on Inflation, Iran and TariffsUS Representative Maxine Waters sharply criticizes Treasury Secretary Scott Bessent during testimony before a House Finance panel, blaming the administration’s tariffs, trade disputes and Iran policy for higher prices and rising borrowing costs.
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Bloomberg Television
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November 20266 related reports
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- Economic frustration set to boil over in midterm electionsC
CBC News
- Fed study finds Treasury dealers’ financing burden can outlast their bond holdingsC
CryptoSlate - Tech selloff could ease pressure on the FedB
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Bloomberg Television