All writers

Colby Smith

www.nytimes.com
30
articles (90 days)

Recent articles

Inflation Data Undercuts Trump’s Economic Claims, and the Danger of New Jet-Powered Drones
Plus, the legacy of a competitive eating champion.
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Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
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Trump’s Latest Effort to Fire a Fed Official Underscores Political Motives
President Trump tapped his political appointees to determine whether he could oust Lisa Cook, a Fed governor he had already tried to oust.
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Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
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Trump Announces White House Inquiry Into Fed Governor Lisa Cook
President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.
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High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.
Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
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Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase
The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.
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Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations
A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.
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Fed’s Preferred Inflation Gauge Points to Continued Price Pressures
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.
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Fed Faces Prospect of Another Interest Rate Increase Just Before Midterm Elections
Financial markets are placing nearly 70 percent odds on the Federal Reserve raising interest rates in late October.
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Mark Carney Interview: Canada’s Leader Lays Out Vision for Breaking Reliance on U.S.
In a wide-ranging interview, the Canadian leader laid out a detailed vision for breaking his country’s dependency on the United States.
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Fed Chairman Warsh Escapes Trump’s Ire Over Interest Rate Increase
The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.
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The Fed Raised Rates. What Comes Next?
Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.
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Fed Signals Another Rate Increase Could Be Coming
Here’s how to read the Federal Reserve’s economic projections like a pro.
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Fed Readies for Momentous Rate Decision
The central bank is widely expected to raise interest rates on Wednesday, less than two months before the midterm elections.
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Warsh Set for Showdown With Trump as Fed Faces Pressure to Raise Rates
The Federal Reserve is expected to raise interest rates on Wednesday, putting Kevin M. Warsh, the chairman, at odds with the administration just before the midterms.
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Elevated Inflation Keeps Pressure on Fed to Raise Rates
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
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Trump Threatens to Halt Some Trade Unless the Fed Cuts Rates
The president said he could halt trade between the United States and countries with which it has a trade deficit if the central bank doesn’t do his bidding.
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Rate Rise in Play as Fed Officials Await Inflation Data
Christopher J. Waller, a Federal Reserve governor, sounded optimistic about inflation’s trajectory but indicated he would support higher rates if progress does not continue.
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Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.
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Fed Chairman Seeks to Calm Concerns About Elevated Inflation
In a high-profile speech, Kevin M. Warsh said that the Federal Reserve was chiefly responsible for taming inflation. If price increases did not return to the central bank’s target quickly, “we have...
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‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates
Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge and inflation risks resurfacing.
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The Economy Got Used to Low Borrowing Costs. Their Exit Could Pose Risks.
After roughly two decades of ultralow interest rates, a period of rapid readjustment is ahead for the United States, the world’s largest economy and most important financial system.
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Treasury Turns to Interventionist Tactics to Lower Interest Rates
Treasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important bond market.
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More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting
Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
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Benign Inflation Data Offers Reprieve to Fed as It Weighs Rate Increase
The latest Consumer Price Index report helped to reinforce the patient approach adopted by many officials at the Federal Reserve about raising rates, but it has not resolved the debate altogether.
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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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