President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026.Anna Moneymaker | Getty ImagesTen days ahead of a meeting in which the Federal Reserve will likely consider raising interest...
Category: Economy
Euro zone inflation is back above 3%. Higher interest rates are likely to follow
People sunbath and swim during the African heatwave in Naples on August 4, 2026. Anadolu | Anadolu | Getty ImagesEnergy price pressures drove inflation in the euro zone back above 3% in August, with hard-hit businesses now likely facing a second blow from higher interest rates. Headline inflation in the...
China’s factory activity shrinks for second straight month, contracting less than expected
LIUZHOU, CHINA - JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China.He Huawen | Visual China Group | Getty ImagesChina's manufacturing activity in August shrank for a second straight...
K, C or E? Why economists can’t agree on the shape of today’s economy
Emily Park | CNBCC. K. E.Those aren't initials or Greek life letters. They're some of the terms that economists, corporate leaders and politicians are using as they attempt to define the U.S. current economic moment.Since the recovery from the pandemic, economists have largely viewed the economy as acting in a...
Fed Chairman Warsh expresses concern about inflation, advocates for ‘quieter’ central bank
Federal Reserve Chairman Kevin Warsh expressed concern Friday about elevated inflation while hinting that interest rates could need to move higher if more progress isn't made on easing price pressures.Warsh's closely watched remarks at the Fed's annual symposium in Jackson Hole, Wyoming, avoided committing either to forward guidance — or...