Federal Reserve Bank of St. Louis

Fed Chair Jerome Powell doesn't see signs of recession in “the star economy,” while the St. Louis Fed's Bullard warns of a sharper-than-expected slowdown.

The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.

The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.

Federal Reserve Bank of St. Louis President James Bullard called current U.S. economic conditions “quite good” and said the goal of the central bank’s policy framework review should be to avoid a Japan-style deflationary trap.

With a rate cut all but certain at this month’s Federal Open Market Committee meeting, the discussion has again turned to the magnitude.

After a string of proposed candidates who didn’t pan out, Trump picks new Fed nominees.

Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s White House has had “exploratory discussions’’ with him about taking a job as a Federal Reserve governor, adding he was not planning to leave his current job.

While leaders Powell and Clarida see a growing case for accommodation, Kashkari, Bullard say the need for a rate cut is already here.

The St. Louis Fed's James Bullard and the San Francisco Fed's Mary Daly said economic conditions may justify lower interest rates.

The latest slip in inflation will likely be short-lived and interest rates could stay where they are “for some time.”

Change is always difficult, and the Federal Reserve’s attempt to find a better monetary policy framework is no exception.

The April employment report topped estimates for jobs created, while the jobless rate fell to a 49-year low; wage increases missed projections.

The Federal Open Market Committee needs to be careful because the market expects low inflation and the yield curve remains quite flat, Federal Reserve Bank of St. Louis President James Bullardsaid late Thursday.

Given that inflation has been below the Federal Open Market’s stated 2% target on an annual basis each year since 2012, Federal Reserve Bank of St. Louis President James Bullard said Thursday monetary policy might be “too hawkish.”

The president of the Federal Reserve Bank of St. Louis said he’s concerned that any more interest-rate increases could push the U.S. economy into a recession.

A modernized version of the Taylor rule suggests keeping the fed funds rate target near current levels through 2021, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

The better-than-expected growth rates in the U.S. economy are set to dissipate unless productivity picks up, Federal Reserve Bank of St. Louis President James Bullard said.

The yield curve could invert later this year, but unless it's prolonged, it may not signal a recession.

The yield curve and other market signals give better clues about the economy in the current environment.

Federal Reserve Bank of St. Louis President James Bullard said the Fed should heed the signals from the bond market.