FOMC

George Boyan, president of Leumi Investment Services, discusses negative interest rates, recession, and what challenges the Fed faces in the coming year. Gary Siegel hosts.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

While the general feeling is the Federal Reserve will keep rates steady this year, not everyone is on board with that view.

Waller is more likely to be confirmed, but it is "almost impossible" to find a public figure supportive of Shelton's nomination, let alone her confirmation.

The Fed should hold rates and wait for the three 2019 cuts to work their way through the economy before deciding its next move, Federal Reserve Bank of Kansas City President Esther George said Tuesday.

Nonfarm payrolls gained a less-than-expected 145,000 in December, and the unemployment rate held at 3.5%. Slow wage growth suggests the economy will not overheat and the Fed can maintain rates.

While Fed officials repeated their contention that monetary policy is appropriate and rates can be held if the outlook remains as expected, the situation with Iran could cause preemptive cuts, one noted economist suggests.

The Federal Reserve averted a yearend liquidity crunch, but its work is not finished, analysts say.

While the impending signing of a phase one trade deal with China should help the manufacturing sector rebound, Boeing’s decision to halt manufacturing of its 737 MAX will be a short-term negative for the ISM index.

William Dudley, who used to oversee the Federal Reserve’s interaction with financial markets, said the central bank should introduce a long-discussed but never implemented tool to ensure U.S. cash markets remain calm.