Category: Markets

Fed Chair Kevin Warsh told the Senate he meets regularly with Treasury Secretary Scott Bessent and defended the Fed’s independence amid rate-policy debate.

Fed Chair Kevin Warsh testified to the Senate Banking Committee, reaffirming the Fed’s commitment to fighting inflation while avoiding fiscal and political commentary.

The Fed’s Beige Book finds the 2026 World Cup raised hotel occupancy and bar sales in host cities but broader consumer spending slowed as visitors and locals pulled back.

The Fed’s Beige Book found World Cup‑driven gains for hotels and bars in host cities but limited broader consumer spending gains as oil prices and weaker international visits weighed.