Kashkari Warns Political Pressure Could Lift Term Premiums
As scrutiny rises ahead of a Fed leadership transition, Kashkari argues independence is vital to monetary policy credibility.
Fresh coverage on the economy, markets, and the forces moving money.
As scrutiny rises ahead of a Fed leadership transition, Kashkari argues independence is vital to monetary policy credibility.
Exports rose 5.5% despite weak domestic demand, heightening fears of new barriers and probes in 2026.
Carney’s Beijing trip targets easing China’s counter-tariffs while EV tariffs and USMCA review constrain concessions.
Grocery, gas, and electricity costs rose as shutdown data quirks complicate readings, keeping the Fed cautious.
Rising grocery, utility, and health-care costs squeeze lower incomes as top earners keep travel and dining spend strong.
Beijing is prioritizing consumption via services and social coverage, but local funding strains may slow follow-through.