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Federal chair Kevin Warsh said the Treasury may use the Exchange Stabilization Fund (ESF) to arrange swap lines unrelated to Fed monetary policy.

2026-07-14

Federal chair Kevin Warsh said the Treasury may use the Exchange Stabilization Fund (ESF) to arrange swap lines unrelated to Fed monetary policy.

Other News
2026-07-14

Chongqing Market Supervision Administration said the proposed acquisition of Wuhan Xinxin Integrated Circuit Co. by Wuhan Guanggu Semiconductor Industry Investment Co. received unconditional approval. Prior filings show Yangtze Memory held about 68.1

Chongqing Market Supervision Administration said the proposed acquisition of Wuhan Xinxin Integrated Circuit Co. by Wuhan Guanggu Semiconductor Industry Investment Co. received unconditional approval. Prior filings show Yangtze Memory held about 68.19% of Wuhan Xinxin and singly controlled the company; after the transaction Wuhan Guanggu Semiconductor Industry Investment and its Concerted parties will hold together roughly 47.88% and singly control Wuhan Xinxin.
2026-07-15

Warsh said today's CPI does not mean "mission accomplished" and the Fed will firmly support a 2% inflation target; the Fed has "zero tolerance" for high inflation, expects more limited inflation upticks, will review its inflation framework and plans

Warsh said today's CPI does not mean "mission accomplished" and the Fed will firmly support a 2% inflation target; the Fed has "zero tolerance" for high inflation, expects more limited inflation upticks, will review its inflation framework and plans to eliminate tax provisions with inflationary effects. On the balance sheet, any policy shift would be signaled well in advance to markets; the Fed can begin seriously considering when to resume purchases of Treasury securities. If challenged by Trump, he said he will "fulfill his duties" and seeks to insulate the Fed from political interference. Long term, AI implies substantial productivity gains and is broadly positive for the economy, but he warned against complacency. On employment, price stability and full employment are not mutually exclusive and he is committed to achieving both.
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