WSJ Economy

The U.K.’s leading economic research body also said it expects inflation to settle at the Bank of England’s 2% target later this year.

Miran’s resignation ends an unusual dual role he had held since he joined the central bank in September.

Companies are devising a plan for a federally backed “rent-to-own” program to help reduce the biggest surplus of homes in many years.

Thomas Barkin, president of the Federal Reserve Bank of Richmond, said as the inflation rate has fallen, the Fed has been bringing interest rates back down toward neutral levels.

Eurozone banks tightened their conditions for loans to businesses in the last quarter of last year, an unexpected development lenders expect will continue in the early months of 2026.

For a second time in five months, work has stopped at the federal government’s primary economic-statistics agency.

Trump’s Fed chair pick spent over a decade working for the billionaire investor, who instilled in him a relentless trust in data.

U.S. factory activity unexpectedly expanded in January at the fastest pace in more than three years, as production and demand recovered strongly, a survey of manufacturing firms said.

Kevin Warsh’s vision of ‘regime change’ at the central bank could mean tighter times for markets.

The central banks are set to leave rates unchanged Thursday, as they consider the impact of a weaker dollar and an influx of cheap Chinese imports on the outlook for inflation.

Asian manufacturers started the year on a strong note, with factory activity ticking up in major exporters like Japan and South Korea, and business sentiment brightening.

The Bank of Japan has grown more cautious about the inflation risk posed by a weak yen, a summary of opinions showed, after recent volatility put markets on alert for intervention.

A private gauge of China’s manufacturing sector showed factories continued to expand activity in January.

South Korea’s exports started the year on a strong note, with outbound shipments surging in January on more working days and robust semiconductor demand.

If confirmed, Trump’s Fed-chair nominee would face several treacherous balancing acts.

Brett Matsumoto, the next chief, has worked as an economist at the BLS since 2015.

Fed governor Michelle Bowman said she supported the decision to hold rates, but also could have voted in favor of continuing to remove policy restraint to hedge more against the risk of further labor market deterioration.

President Trump’s pick to succeed Jerome Powell as Fed chair spent years positioning himself for the job.

As a young man, the nominee took a starring role at the central bank, and he has angled for years to lead it.

St. Louis Fed President Alberto Musalem said he would be reluctant to support further interest rate cuts, given that inflation has remained stuck above the Federal Reserve’s 2% target.