Recent articles
May 20, 2026
Most Fed officials see rate hikes if inflation stays high, minutes show
A "majority" of Federal Reserve officials believed the central bank could raise interest rates if inflation stays high, according to the minutes from the central bank's April 28-29 policy meeting. ...
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May 20, 2026
Battles to shrink the Federal Reserve's balance sheet begin
Data: Federal Reserve; Chart: Neil Irwin/AxiosIncoming Federal Reserve chief Kevin Warsh's ambition to shrink the central bank's multitrillion-dollar bond portfolio may quickly run into hard limits...
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May 19, 2026
How global economic imbalances resemble an ancient parable
The global economy faces the types of massive imbalances that preceded previous crises — despite important differences — and it's not yet clear how this debt cycle will end.Why it matters: The last...
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May 8, 2026
After a year of whiplash, U.S. jobs market is stabilizing
Data: Bureau of Labor Statistics; Chart: Neil Irwin/AxiosThe U.S. labor market has found its footing: A yearlong pattern of whipsawing between job gains and losses is finally breaking, a sign that ...
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May 7, 2026
Trade court strikes down Trump 10% universal tariffs
The Court of International Trade on Thursday ruled that President Trump's newest round of tariffs were illegal, though the duties are likely to stay in effect while the administration appeals. Why ...
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May 1, 2026
K-shaped economy is real, per New York Fed research
Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/AxiosThe uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely ...
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April 29, 2026
Powell to remain as Fed governor, denying Trump a key vacancy
Federal Reserve chair Jerome Powell said on Wednesday that he will remain a central bank governor "for a period of time to be determined," citing attempted political interference.Why it matters: It...
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April 29, 2026
North American trade deal at risk as U.S., Canada exchange barbs
The trade pact that binds North America is quietly under the most strain since its inception, risking a break in one of the world's most integrated manufacturing economies.Why it matters: A joint r...
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April 26, 2026
Tillis will support Warsh, clearing way for Trump's Fed pick
Sen. Thom Tillis (R-N.C.) on Sunday said that he would no longer block Kevin Warsh's Federal Reserve chair confirmation, removing a key hurdle for President Trump's pick to lead the central bank. W...
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April 24, 2026
DOJ drops criminal probe into Fed chair Jerome Powell
The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation's top central banker...
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April 23, 2026
Supply chain cracks constrain AI boom
The AI economy is being constrained by the physical world: The Iran war threatens to squeeze the industrial inputs that chip manufacturers depend on, the latest confirmation that once-reliable glob...
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April 14, 2026
IMF says Iran war "halted" global economic momentum, expects hotter inflation
The Iran war brought global economic momentum to a halt, the International Monetary Fund said on Tuesday, providing new projections for slower growth and higher inflation.Why it matters: It is the ...
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April 13, 2026
Americans hate the 2026 economy
The economy has been steadily growing for the last five years, and inflation is way down from its peak nearly four years ago. Public opinion about the economy, by contrast, keeps plumbing new depth...
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April 7, 2026
How the Iran war affects Americans' inflation expectations
Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/AxiosAmerican consumers are bracing for an Iran war inflation jolt, though they don't anticipate the effects will linger.That's the up...
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April 3, 2026
Judge rejects Department of Justice bid to reinstate Powell subpoenas
A U.S. judge on Friday stood by his decision to quash Department of Justice subpoenas targeting Federal Reserve chair Jerome Powell.Why it matters: The ruling is the latest development in the Trump...
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April 3, 2026
Call it America's yo-yo job market
Data: Bureau of Labor Statistics; Chart: Courtenay Brown/AxiosThe economy has spent much of the past year lurching between job gains and losses. Call it the yo-yo job market. Why it matters: For ye...
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April 3, 2026
U.S. economy adds stronger-than-expected 178,000 jobs in March
Data: Bureau of Labor Statistics; Chart: Courtenay Brown/AxiosThe labor market snapped back with 178,000 jobs added in March, while the unemployment rate ticked down to 4.3%, the government said Fr...
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April 2, 2026
Trump administration announces new tariffs on drugmakers
The Trump administration said on Thursday that it would impose 100% tariffs on patented pharmaceuticals to force deals for lower drug prices and move manufacturing to America. Why it matters: It is...
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March 30, 2026
Powell: Fed yet to decide on whether to "look through" war's impact
Federal Reserve chair Jerome Powell said the Fed is not yet at the moment when it needs to decide whether to "look through" the Iran war energy shock.What they're saying: "It's something we will ev...
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March 26, 2026
Iran war will jolt U.S. inflation, new analysis finds
The Middle East conflict wiped out what would have been a modest upgrade to global growth and a stable inflation picture.That has been replaced with a fresh warning about soaring energy costs and U...
www.axios.com
March 21, 2026
Iran war's economic shocks could reverberate for a while
The Iran war's economic consequences risk outlasting the conflict itself.Why it matters: Any swift ceasefire or arrangement allowing safe passage through the Strait of Hormuz won't undo supply shoc...
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March 18, 2026
Fed keeps rates on hold, Powell says he will remain in place until successor confirmed
The Federal Reserve on Wednesday kept interest rates steady, and chair Jerome Powell said that he will remain in place until his successor is confirmed, raising the prospect that he could continue ...
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March 17, 2026
New economic projections signal a tricky Federal Reserve path
The Federal Reserve will almost certainly hold rates steady, but fresh economic projections and other communications due out Wednesday afternoon will show how the central bank is absorbing two unco...
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March 17, 2026
What $5 diesel fuel means for the U.S. economy
Data: AAA; Chart: Axios VisualsThe price of diesel fuel has surged above $5 a gallon in the U.S., the highest in four years, creating new inflationary pressure on anything Americans buy that relies...
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March 13, 2026
Subpoenas against Fed chair Powell tossed in scathing opinion
A federal judge tossed out Department of Justice subpoenas sent to Federal Reserve chair Jerome Powell earlier this year, according to a filing unsealed on Friday.Why it matters: The judge accused ...
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March 13, 2026
Economy showed cracks pre-Iran attack, data shows
The economy was flashing stagflation signals — tepid growth and high inflation — even before the Iran conflict added an oil shock to the mix.Why it matters: What happens when geopolitical turmoil c...
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March 11, 2026
Trump administration launches new trade investigation
The Trump administration initiated a trade investigation — and signaled more to come — that will likely result in new tariffs on global trading partners.Why it matters: The White House is making go...
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March 5, 2026
Trade court orders Trump administration to kickstart tariff refund process
A top trade court ordered the Trump administration on Wednesday to start refunding tariffs to U.S. businesses. Why it matters: The order is the most significant to date in what is expected to be a ...
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March 4, 2026
The labor market is finally stabilizing, data shows
New private sector data shows signs of life for a labor market that's stabilizing after a dismal year for hiring.Why it matters: It's a welcome development in an economy digesting global trade unce...
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March 2, 2026
Iran conflict could worsen America's affordability crisis
The Iran conflict abroad threatens the affordability crisis at home, as an oil price spike ripples through to pump prices Americans see every day.Why it matters: This has become one defining tensio...
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