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Kevin Warsh's bond market bind

Government borrowing costs are at 22-year highs

Boomers have the space. Millennials have the kids

How Jerome Powell navigated pandemic, inflation and Trump

The "bliss trade" behind the stock/bond split

Personal finance-economy sentiment gap widens: Fed survey

Americans feel OK about their finances, but not economy

A line chart that tracks Americansâ positive views of their own finances, local economy and national economy from 2017 to 2025. Own finances stayed highest, ranging from 72% to 78%. Local economy peaked at 64% in 2018 and fell to 38% in 2022. National economy dropped from 51% to 18%.

Share of Americans with a positive assessment of personal finances and the economy

Data: Federal Reserve Board Survey of Household Economics and Decisionmaking; Chart: Courtenay Brown/Axios

Kevin Warsh confirmed to lead Federal Reserve

The U.S. inflation problem is getting worse

A line chart that tracks year-over-year producer price index changes from April 2016 to April 2026 for overall final demand and a core measure excluding food, energy and trade services. Overall the index peaked at 11.6% in March 2022, and reached 6% in April 2026.

Change in Producer Price Index

Data: Bureau of Labor Statistics; Chart: Neil Irwin/Axios

Inflation hits three-year high in April as Iran war impacts consumer prices

A line chart that tracks monthly year-over-year CPI changes from January 2021 to April 2026 for overall inflation and core inflation, excluding food and energy. Overall CPI rose from 1.4% to 9% in June 2022, then eased to 2.3% in April 2025 before reaching 3.8% in April 2026.

Year-over-year change in Consumer Price Index

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios

The Fed's inflation reckoning deja vu

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News and analysis that matters about the Federal Reserve and interest rates.