FOMC

While tariffs will certainly cause an uptick in inflation, the Federal Reserve can hold rates, according to Federal Reserve Bank of New York President John Williams.

The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors.

Atlanta Fed President Rafael Bostic said he would do "whatever it takes" should tariffs cause consumers to cut back spending.

The April producer price index grew less than expected, suggesting inflationary pressure will remain weak.

The debate over the success of quantitative easing continues, even as the threat of recession slips.

Federal Reserve Vice Chairman Richard Clarida pushed back against speculation in financial markets the central bank will cut interest rates to boost softening inflation up to its 2% target.

U.S. interest rates are “in the right place” and don’t need to be lowered, although weak inflation merits close watching, according to Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas.

A posse of Federal Reserve policymakers met with skepticism last week when they described ways to potentially improve their management of the economy.

The White House asked former domestic policy adviser Paul Winfree if he was interested in joining the Federal Reserve Board of Governors.

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