HONG KONG, May 19 (Reuters) - Incoming Federal Reserve chair Kevin Warsh faces both a tough environment and a difficult boss, Standard Chartered ( SCBFF ) CEO Bill Winters said on Tuesday, pointing to political pressure on Warsh to cut rates even as inflation remains high. Inflation is stubbornly high and unlikely to come down, but he's got the political...

AMELIA ISLAND, Florida, May 18 (Reuters) - Veterans from the U.S. Federal Reserve's past crisis-fighting efforts on Monday said incoming Chair Kevin Warsh should focus less on the central bank's balance-sheet size and more on guidelines for how to use it in response to future financial and economic shocks. The Fed's $6.7 trillion balance sheet, much of it in holdings...

WASHINGTON, May 18 (Reuters) - Kevin Warsh will be sworn in as U.S. Federal Reserve chief on Friday by President Donald Trump, a White House official said on Monday, capping off the process of installing the 56-year-old lawyer and financier at the helm of the central bank as it grapples with intensifying inflation that may make it hard to push...

03:06 PM EDT, 05/18/2026 (MT Newswires) -- The National Association of Home Builders Housing Market Index rose to 37 in May from 34 in April and 34 a year ago. NAHB said buyers are still facing rising mortgage rates and economic uncertainty, while elevated costs for land, labor and construction are further obstacles to builders. The New York Federal Reserve's...