FOMC

Federal Reserve Chairman Jerome Powell said the U.S. economy is “strong” though its benefits haven’t been felt evenly across the country.

Nobel laureate Paul Krugman said the U.S. economy may be heading into a recession at a time when the Federal Reserve doesn’t have the firepower to properly combat a slump.

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.

Negative interest rates could be harmful for U.S. banks, limiting their usefulness as an emergency tool in an economic downturn, said Federal Reserve Bank of Dallas President Robert Kaplan.

President Donald Trump’s top economic adviser said the White House currently is interviewing candidates to fill open seats on the Federal Reserve Board but said there’s no hurry to make a nomination.

Former Federal Reserve Chair Janet Yellen said the U.S. central bank must rely on incoming economic data to determine if its next policy move will be up or down.

Federal Reserve Chairman Jerome Powell gave a brief but positive assessment of the economy at an event organized for educators.

Federal Reserve Chairman Jerome Powell’s dinner on Monday with President Donald Trump was “casual” and “productive,” and may happen again, Treasury Secretary Steven Mnuchin said.

The Federal Reserve can be patient and watch the economy without changing monetary policy for “the next several months,” according to Federal Reserve Bank of Dallas President Robert Kaplan.

Monetary policy is well positioned, Federal Reserve Bank of Cleveland President Loretta Mester said Monday evening.

Former Federal Reserve Bank of New York President William Dudley said he’s “amazed and baffled" at the attention the wind-down of the U.S. central bank’s balance sheet has been receiving.

Federal Reserve Chairman Jerome Powell met President Donald Trump at the White House for dinner Monday to discuss the economy’s performance and outlook, but the central bank said its chief did not share his expectations for monetary policy.

A negative Federal Reserve monetary policy rate could have helped turn the economy around faster during the Great Recession, according to a Federal Reserve Bank of San Francisco researcher.

Federal Reserve Bank of Minneapolis President Neel Kashkari said the Fed’s latest pause will help keep a “fundamentally healthy” economy on track.

Monetary policy is “appropriate” and in the range of the estimates of neutral, Federal Reserve Board Chair Jerome Powell said Wednesday.

The Federal Reserve said it will be “patient” on any future interest-rate moves and signaled flexibility on the path for reducing its balance sheet.

Those betting the Federal Reserve will cut interest rates may have to wait until 2023 to see it happen.

Another week of sub-average issuance lies ahead for the muni market.

The Jan. 29-30 Federal Open Market Committee may provide information that could strengthen the bond market, if it offers further signals of an expected pause in rate hikes and a softening of its stance on balance sheet normalization, observers say.

Stacey M. Tevlin, an associate director of the Federal Reserve Board’s Division of Research and Statistics, will be promoted to director effective Feb. 4, the Fed announced Friday.