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Federal Reserve Chair Kevin Warsh said the Fed is currently performing well on its employment mandate.

2026-07-30

Federal Reserve Chair Kevin Warsh said the Fed is currently performing well on its employment mandate.

Other News
2026-07-29

According to Interfax news agency, the Russian Federal Security Service (FSB) has issued an international arrest warrant for Russian businessman and Telegram founder Alexei Durov.

According to Interfax news agency, the Russian Federal Security Service (FSB) has issued an international arrest warrant for Russian businessman and Telegram founder Alexei Durov.
2026-07-29

BNP Paribas Markets 360 expects the Fed to hold rates, while not ruling out a surprise hike. Its baseline is one hike in December, but it sees a substantial risk the FOMC will harden inflation wording in the statement, effectively putting a September

BNP Paribas Markets 360 expects the Fed to hold rates, while not ruling out a surprise hike. Its baseline is one hike in December, but it sees a substantial risk the FOMC will harden inflation wording in the statement, effectively putting a September rate move back on the table. Wording on price stability will be the focal point; the statement is likely to indicate a readiness to act if needed. BNP Paribas warns absence of such language would not preclude a September hike, nor would inclusion guarantee one. At the press conference, the Fed speaker is expected to follow June’s pattern — brief opening remarks, concise answers and very limited forward guidance — and, if the statement is largely unchanged from June, opening remarks should mirror his congressional testimony on inflation, labor-market data, the outlook and the commitment to restore price stability.
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