The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation ...
This is widely known as the Federal Reserve's dual mandate: promoting maximum employment and stable prices. The Fed itself ...
U.S. Federal Reserve Chair Jerome Powell walks as he attends to hold a press conference following a two-day meeting of the ...
NEW YORK, Nov 13 (Reuters) - Cleveland Federal Reserve President Beth Hammack said on Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she ...
Nov 12 (Reuters) - Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and ...
Good afternoon. Thank you for the kind introduction. I am delighted to be in Dublin again and speaking to all of you. Thank you very much for having me. I was last here in February 2020. We were on ...
Central banks set policy to support the economy, provide liquidity, and promote financial stability. Modern central banking requires adaptation to current demands and a framework that fosters agility ...
Next week’s Federal Open Market Committee meeting promises to be one of the most interesting in recent memory.
The Federal Reserve's starkly divided policy committee cut the central bank's key interest rate by a quarter-point Wednesday, ...
I learned basic arithmetic skills in third grade. I wasn’t exceptional; everyone in my public school third-grade class learned them. Of course, we all can now use computers to have calculations done ...
The move was expected, but three dissents show that the central bank is divided on the future path of interest rates.
The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee.