All writers

Colby Smith

www.nytimes.com
30
articles (90 days)

Recent articles

Trump Restarts Battle to Fire Sitting Fed Governor Lisa Cook
The Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook, sent the Federal Reserve governor a letter saying it was “considering” removing her from the job.
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Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
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Warsh Wanted ‘Regime Change.’ Markets Are Demanding a Reset.
After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation ...
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Warsh Considers Reducing Frequency of Fed Policy Meetings
The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
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Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady
Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.
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Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
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Warsh’s Performance Falls Flat With Markets as Fed Holds Rates Steady
Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
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Fed Holds Rates Steady but Three Officials Back Increase
Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
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What to Watch at the Federal Reserve’s July Meeting
Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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What to Watch at the Federal Reserve’s July Meeting
Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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The Fed’s New Chairman Faces His Biggest Test Yet
Kevin M. Warsh, who has said the Federal Reserve has “no tolerance” for elevated inflation, must decide whether he wants to push for an interest-rate increase at this week’s policy meeting.
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Cooler Inflation May Not Be Enough to Stave Off Fed Rate Increases
The Federal Reserve is expected to hold rates steady at its July meeting, but officials have not written off the possibility of a move soon after.
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Inflation Slowed During Pause in War With Iran
The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020.
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Warsh to Reiterate Fed’s Pledge to Get Inflation Down
Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.
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Fed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago
The Federal Reserve chairman, Kevin Warsh, stressed that the central bank would “deliver price stability,” a point he has emphasized repeatedly since taking over in May.
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Trump Renews Threat to Fire Fed Governor Lisa Cook After Supreme Court Ruling
President Trump promised to “take appropriate action immediately” against Lisa Cook, the Fed governor he had tried to fire, even as the court affirmed that Fed officials can be fired only for cause.
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How Warsh Has Begun to Change the Fed
Just weeks into his job as chairman of the Federal Reserve, Kevin M. Warsh has embraced some of the central bank’s conventions while signaling seismic shifts ahead.
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U.S. Inflation Problems Are Far From Over
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs.
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Warsh Looks to Greenspan in Designing Approach to Fed Chairmanship
Kevin M. Warsh has long singled out Alan Greenspan, who died on Monday, as the central banker he wants to exemplify.
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Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.
Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman.
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How Local Police Are Working for ICE, and an Unusual Data Center Dispute
Plus, the gym is the new first date.
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What to Watch at the Federal Reserve’s June Meeting
The U.S. central bank is widely expected to hold interest rates steady at Kevin M. Warsh’s first meeting as chairman.
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Warsh Faces Tenuous Balancing Act in First Fed Meeting as Chairman
Elevated inflation and the specter of rate increases will greet Kevin M. Warsh in his debut as chairman of the Federal Reserve.
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Inflation Keeps Prospects of a Fed Rate Cut Low
The Consumer Price Index is one of the last major data releases ahead Kevin M. Warsh’s first meeting as chair of the Federal Reserve.
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Iran War Lifts a Second Inflation Reading to Highest Level Since 2023
Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.
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Warsh to Take Charge of Fed Facing Rising Inflation Threat
The economic backdrop that Kevin M. Warsh inherits as chair of the Federal Reserve does not call for the interest rate cuts that President Trump wants.
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Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook.
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As Powell Steps Down, the Fed Confronts ‘Regime Change’
Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul.
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China’s Growing Leverage Over the U.S., and How Oil Companies Hit the Jackpot
Plus, a surprise reversal in the Murdaugh murder case.
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How Jerome Powell Managed a Chaotic Era
Our reporter Colby Smith, who covers the Federal Reserve and the economy, looks back at Jerome Powell’s tenure as chair of the Fed.
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