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News

WTOP News
wtop.com > national > 2026 > 08 > warsh-raises-stakes-for-feds-next-meeting-and-other-takeaways-from-jackson-hole-conference

Warsh raises stakes for Fed’s next meeting and other takeaways from Jackson Hole conference – WTOP News

2+ week, 22+ hour ago   (1013+ words) In doing so, Warsh has put more pressure on the central bank to increase interest rates when it next meets in mid-September if inflation doesn’t improve. The government’s next price report, to be released just days before the meeting, could…...

WTOP News
wtop.com > national > 2026 > 08 > feds-may-end-ohio-manufacturing-program-after-audit-cites-20-9-million-in-misspending

Feds may end Ohio manufacturing program after audit cites $20.9 million in misspending

2+ week, 6+ day ago   (885+ words) August 24, 2026, 4:17 PM A longstanding, federally funded Ohio manufacturing program that provides job training and technology support to companies could be shut down for good if federal officials follow recommendations in a new audit. In an audit released this week, the…...

WTOP News
wtop.com > business-finance > 2026 > 07 > despite-frustration-over-high-prices-federal-reserve-is-expected-to-keep-rates-unchanged-for-now

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises ‘good family fight’

1+ mon, 2+ week ago   (671+ words) July 29, 2026, 5:18 PM The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%. Some economists and Wall Street analysts had predicted the Fed would hike…...

WTOP News
wtop.com > business-finance > 2026 > 07 > fed-chair-warsh-sidesteps-senate-questions-on-inflation-ai-contact-with-trump

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

1+ mon, 4+ week ago   (353+ words) July 15, 2026, 1:40 PM Warsh has said since taking office seven weeks ago that he would provide less guidance about the Fed’s next interest rate moves than his predecessors. Yet he has frustrated many Fed-watchers by largely avoiding explanations of how the…...

WTOP News
wtop.com > news > 2026 > 07 > warsh-says-fed-has-no-tolerance-for-high-inflation-but-provides-no-hints-on-next-move

Warsh says Fed has ‘no tolerance’ for high inflation but provides no hints on next move

1+ mon, 4+ week ago   (687+ words) LOCAL SPOTLIGHT: DC region shines in America’s fittest city rankings July 14, 2026, 11:57 AM Fed policymakers “have no tolerance for persistently elevated inflation,” Warsh said in his first appearance before Congress since becoming chair May 22, replacing former chair Jerome Powell. “And we…...

WTOP News
wtop.com > business-finance > 2026 > 07 > andreessen-chetty-among-leaders-of-feds-new-task-forces-evaluating-operations

Andreessen, Chetty among leaders of Fed’s new task forces evaluating operations

2+ mon, 4+ day ago   (519+ words) WEATHER ALERT: Flash flood warning issued for parts of Fauquier, Prince William and Stafford counties until 8:30 p.m. July 9, 2026, 4:16 PM They are among the co-leaders of five different task forces announced by Fed Chair Kevin Warsh last month. The other leaders are…...

WTOP News
wtop.com > business-finance > 2026 > 07 > fed-minutes-officials-deeply-divided-over-future-path-of-us-inflation

Fed minutes: Officials deeply divided over future path of US inflation

2+ mon, 5+ day ago   (494+ words) July 8, 2026, 3:08 PM In the first set of minutes released under new chair Kevin Warsh, “many” of the Fed’s 19 officials said its key rate would be unchanged from or slightly below its current level of 3.6% by the end of this year....

WTOP News
wtop.com > national > 2026 > 06 > former-federal-reserve-chairman-alan-greenspan-dies-at-100

Former Federal Reserve Chairman Alan Greenspan dies at 100

2+ mon, 3+ week ago   (1244+ words) June 22, 2026, 7:55 AM He died on Monday from complications of Parkinson’s Disease, said his wife of 29 years, NBC News correspondent Andrea Mitchel. “To me he was my husband, who shaped my life from our very first date in 1984,” Mitchell said. “He…...

WTOP News
wtop.com > national > 2026 > 06 > former-federal-reserve-chairman-alan-greenspan-has-died-at-100-the-fed-says

Former Federal Reserve chairman Alan Greenspan has died at 100, the Fed says

2+ mon, 3+ week ago   (35+ words) NEW YORK (AP) — Former Federal Reserve chairman Alan Greenspan has died at 100, the Fed says. Former Federal Reserve chairman Alan Greenspan has died at 100, the Fed says June 22, 2026, 7:40 AM...

WTOP News
wtop.com > business-finance > 2026 > 06 > inflation-likely-reached-3-year-high-last-month-as-iran-war-spikes-gas-prices

Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges

3+ mon, 3+ day ago   (449+ words) TRAFFIC ALERT: In Jessup, all traffic diverted on MD-295/BW Parkway northbound at MD-175 for a police investigation LOCAL ALERT: DC Water to start emergency repairs on Potomac Interceptor after 'structural deterioration' was found NEWS ALERT: President Trump says Iran ‘will have…...