Christopher Condon

Elon Musk has his sights set on the Federal Reserve, suggesting that his government-efficiency team should examine the nation’s central bank.

Treasury Secretary Scott Bessent characterized the visit of Ukrainian President Volodymyr Zelenskiy to the White House on Friday as “unacceptable.”

Federal Reserve Governor Christopher Waller said recent economic data support keeping interest rates on hold, but if inflation behaves as it did in 2024, policymakers can get back to cutting “at some point this year.”

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.

The agencies that control mortgage giants Fannie Mae and Freddie Mac set out a roadmap for releasing the pair from government supervision, sending the entities’ common stock to the highest levels since 2019.

Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair Alan Greenspan identify the last great surge in US productivity. She’s starting to think it’s happening again, driven this time by artificial intelligence.

Here's everything you need to know about how the Federal Reserve approaches forecasting.

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, Federal Reserve editor Christopher Condon looks at what may be ahead for the Fed. Sign up here and follow us at @bpolitics. Email our editors here.

Federal Reserve Governor Michelle Bowman said she still sees upside risks for inflation and continued strength in the labor market, signaling she may not be ready to support an interest-rate decrease when US central bankers next meet in September.

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economics editor Christopher Condon looks at how the Federal Reserve may respond to a bout of market turmoil. Sign up here and follow us at @bpolitics. Email our editors here.