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Federal Reserve Bank of St. Louis President Alberto Musalem says he thought the easing bias was no longer consistent with the balance of economic risks at the FOMC's last meeting. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Federal Reserve Bank of St. Louis President Alberto Musalem says the central bank is missing on the inflation side of its mandate during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers cannot depend on a potential productivity boom from AI to ease elevated inflation at a conference in Reykjavík, Iceland.

Federal Reserve Vice Chair Philip Jefferson says he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off but cautions that inflationary risks remain tilted to the upside. He speaks at a conference hosted by the Bank of Japan in Tokyo.

"The risks remain tilted toward higher inflation," Federal Reserve Governor Lisa Cook says during an event at Stanford University.

Robert Kaplan, Goldman Sachs vice chair and former president of the Federal Reserve Bank of Dallas, expects Kevin Warsh to be an "excellent" Fed chair. Speaking with Julie Fine, Kaplan also discusses the shift in market expectations over the past eight weeks, from anticipating a rate cut later in the year to now considering a possible rate increase or no change due to persistent inflation and elevated oil prices.

President Donald Trump says no one in the US is better prepared to lead the Federal Reserve than Kevin Warsh as he swears Warsh in at the White House as the 17th chair of the Fed.

A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.

Bloomberg's Mike McKee discusses the challenges facing incoming Federal Reserve Chair Kevin Warsh on "Bloomberg Open Interest."

The Senate confirmed Kevin Warsh as chair of the Federal Reserve with a 54-45 vote, the slimmest confirmation margin ever for a head of the central bank. Mike McKee reports.