WSJ Economy

Trump expects lower interest rates. How Warsh navigates their relationship could shape what he can actually deliver.

New Zealand’s inflation rate came in higher than expected in the first quarter, underscoring concerns about the emergence of price pressures across the economy just as the Middle East energy shock was beginning to develop.

A staff memo shows Democrats might focus on the Fed nominee’s opaque investments as they try to rally opposition in Tuesday’s confirmation hearing.

The ECB would have to raise its key interest rate more than would otherwise be the case if governments are too generous with their support for households facing higher energy costs, President Christine Lagarde said.

Inflation surged in Canada last month thanks to a record jump in gasoline prices, though cost pressures from the conflict in the Middle East so far appear contained and may ensure the central bank continues to leave interest rates steady.

He has argued an AI boom will ease price pressures, citing Alan Greenspan’s patience in the 1990s. His future colleagues see an economy that looks nothing like it did then.

Orlando and other Florida cities are either losing domestic migrants or gaining them more slowly, threatening the state’s economic model.

Actual factory output is up sharply and may be picking up speed, even though factory jobs have slid steadily. Credit the most basic economic force of all: demand.

Doormen and building owners reached a deal late Friday, avoiding a strike but showing how the affordability crunch is squeezing nearly everyone who lives or works in New York.

High earners are embracing thriftiness—unless it’s for something really fun.

Participants at this year’s IMF and World Bank spring meetings predicted that economic and financial turbulence would persist for weeks, if not months.

U.S. retail sales data and provisional purchasing managers’ indexes from the U.S. and Europe will be watched to see how badly the Middle East war and the spike in energy prices have impacted consumer and business sentiment.

Exports fell 9.3% on year, while imports declined 3.5%, and exports to the U.S. were down 26% compared with the same month of last year when firms front-loaded to get ahead of tariffs.

Investors’ expectations of Bank of England policy changes have moved into closer alignment with the likely path of interest rates, a member of the Monetary Policy Committee said.

The Canadian Real Estate Association sharply downgraded its sales forecast for the remainder of 2026, with mortgage rates headed higher as bond traders anticipate an acceleration in inflation from the war in Iran.

U.S. industrial production fell by 0.5% last month, while analysts polled by The Wall Street Journal expected the reading to remain unchanged.

New jobless claims were down from a week ago, a sign that layoffs have remained limited even in a labor market that has cooled.

Consumer prices were up 2.6% on year last month, the highest level since July 2024, as the energy shock from the Iran war proved more pronounced than expected.

The surprise reading for February came before the jump in energy prices that followed the U.S. and Israeli attacks on Iran.

The law doesn’t clearly say what happens when the chair’s term expires without a confirmed successor. The White House and the Fed have very different answers.