Kevin Warsh Wants to Remake the Fed. Here's What He Is Up Against.
The new Fed chair's framework has been consistent for two decades. The question now is how much of it his colleagues will accept.
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Global Economy Slowing as Middle East Conflict Bites, Surveys Show
Business activity in the U.S. grew at a steady pace in May while slowing in Europe and Asia as energy costs have risen.
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Philly Fed Survey Shows Regional Manufacturing Stalled
Growth in manufacturing activity in the Philadelphia Fed's region pulled back in May, although firms remained optimistic about the forward outlook
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U.S. Markets Decline as Tech-Stock Rebound Loses Steam
The momentum behind U.S. stocks seems to have fizzled, after Nvidia's stronger-than-expected results failed to add further juice to the American AI trade.
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U.S Jobless Claims Fell Last Week
U.S. jobless claims fell last week, another sign the labor market remains stable despite economic uncertainty from the war in Iran.
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Why Oil Prices Are Suddenly Rising Again
Iran's supreme leader wants its uranium to remain in the country.
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Extended Hold Might Be Enough to Contain Inflation, BOE's Taylor Says
The Bank of England might not need to raise its key interest rate to contain the inflationary pressures triggered by the Middle East conflict, the policymaker said.
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The Dangerous Brew That's Rattling Bond Markets
A mix of debt, inflation and populism has changed the interest rate landscape since 2020.
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U.K. Immigration Fell Sharply In 2025 As Further Curbs Planned
Economists worry that a sharp drop in immigration could weaken economic growth as the current workforce ages and starts to retire.
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Bank of Japan Policymaker Signals That Rate Hike Might Be Approaching
Policy board member Junko Koeda said Japan's underlying inflation is likely already at around 2%.
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Japan's Exports Accelerate But Middle East Risks Cloud Outlook
Japan's exports grew at a faster-than-expected pace in April, as a weak yen and resilient global demand offset the negative impact of Middle East tensions.
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Moody's Downgrades Mexico to Baa3 With Stable Outlook
According to Moody's, the downgrade reflects sustained weakening in fiscal strength and the expectation that a narrow revenue base and continued support for state oil company Petróleos Mexicanos will limit the country's ability to stabilize its debt.
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Fed Minutes Reveal Support for Rate Hikes if Inflation Proves Persistent
The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the central bank.
(END) Dow Jones Newswires
May 21, 2026 11:00 ET (15:00 GMT)
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