Economy
White House opens new inquiry involving Federal Reserve Governor Lisa Cook
The Trump administration established a committee to review allegations involving Fed Governor Lisa Cook, renewing a dispute over efforts to remove her from office.
Economy News
Latest Economy news and current updates from 101 News, with concise summaries and links to original reporting.
Economy
Fed Musalem says inflation fight may require tighter policy
St. Louis Federal Reserve President Alberto Musalem said additional monetary tightening could be needed to bring inflation back toward the central bank’s goal.
Economy
New York Fed survey shows near-term inflation expectations rising
A Federal Reserve Bank of New York survey found consumers’ short-term inflation expectations had risen to their highest level in more than three years.
Economy
G7 moves to release oil and diesel reserves after price surge
Group of Seven countries agreed to release large volumes of oil and refined fuel from reserves in an effort to ease market pressure caused by supply disruptions.