The news, disclosed in a Sunday night post to social media by the Federal Reserve chairman, is the latest escalation of a campaign against Jerome Powell.

In April, it blamed the tariffs, but it called them a “one-time” increase in prices.  Eight months later, it continued to warn about tariffs, but it still called them a “one-time”

The Justice Department is threatening the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations

March S&P 500 E-Mini futures (ESH26) are down -0.64%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.82% this morning as sentiment took a hit amid escalating tensions between the Trump administration and the Federal Reserve.

While inflation remained well below the highs reached in 2022 and 2023, it also proved more stubborn than many forecasters expected in 2025.

Economists expect the December CPI inflation report to show price growth remained elevated and cautioned it may have a downward bias due to missing data from the government shutdown.

B added, repo/RRP volatility, deposit swings, and inflation risks amid politics. Read more macro analysis here.

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026.

BOK Financial's Steve Wyett weighs in on how mortgage moves, consumer sentiment, and interest rates could shape Americans’ finances this year.

A jobs report to be released on Friday will provide a key gauge of the health of the U.S. economy as the Federal Reserve slashes interest rates in an effort to revive an ailing labor market. The fresh data comes two weeks after a blockbuster report on economic growth appeared to rebuke worries about the wider economy.

In a rare video message, Federal Reserve Chair Jerome Powell called the subpoenas an "unprecedented action."