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The Business Standard

Wednesday
October 21, 2026

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WEDNESDAY, OCTOBER 21, 2026

US Federal Reserve

US Federal Reserve

A person shops for groceries in New York City, US, on Wednesday (26 August 2026). Photo: Reuters

US inflation rises less than expected in August; consumer spending surges

Prices are still climbing, but Wall Street sees less heat than feared.

Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) at the Federal Reserve in Washington, D.C., U.S. September 16, 2026. Photo: REUTERS/Evan Vucci

Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

Logo of the US Board of Governors of the Federal Reserve System. Photo: Collected

'This is the test': All eyes on US Fed to tackle high inflation

Photo: Collected

US Federal Reserve expected to hold rates steady as inflation swirls

The Federal Reserve building is seen in Washington, US. File Photo: Reuters

Trump says Fed pick due on Friday after meeting Warsh at White House

Federal Reserve Chair Jerome Powell. Photo: Reuters

Poker-faced Powell may have ace up sleeve to stymie Trump's Fed shakeup

US President Donald Trump, Federal Reserve Chair Jerome Powell, and Director of the Office of Management and Budget (OMB) Russell Vought tour the Federal Reserve Board building, which is currently undergoing renovations, in Washington, DC, US, 24 July 2025. REUTERS/Kent Nishimura

Trump says he has no plan to fire Fed's Powell despite investigation

US President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, DC, US, July 24, 2025. Photo: REUTERS/Kent Nishimura/File Photo/File Photo

Donald Trump versus the Federal Reserve - what you need to know

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Trump administration probe of Fed's Powell sparks pushback

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Fed lowers rates, but Powell suggests move may be the last of 2025

China caught in policy dilemma as Fed rate cut looms

China caught in policy dilemma as Fed rate cut looms

The Federal Reserve seal is seen during Chairman Jerome Powell news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, US, January 29, 2020/ Reuters

Why the Federal Reserve has historically remained independent of the White House

Lisa Cook testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve Board of Governors (for a second term), on Capitol Hill in Washington, US, June 21, 2023. Photo: REUTERS/Jonathan Ernst/File Photo

Trump says he is firing Federal Reserve Governor Cook over mortgage loan allegations

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