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2026 › July › 14
Fed
11 days ago
Stocks climbed Tuesday after a cooler-than-expected inflation report bolstered hopes that the Fed may not need to raise interest rates as aggressively.
Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee ⊕
In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.
Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence ⊕
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Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
Treasury yields rise as Fed rate hike expectations grow ahead of June inflation print ⊕
Treasury yields increased Tuesday as expectations for more Federal Reserve interest rate hikes grow.
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