FOMC

A 2.1% drop in durable goods orders shows businesses are holding off on equipment purchases as trade tensions with China increase.

Analysts homed in on the phrase “some time” and the absence of rate cut discussion in the minutes of the last Federal Open Market Committee meeting..

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

Trade issues with China should end with a deal, leaving the U.S. economy mostly unscathed, the Federal Reserve Bank of Boston president said.

During the Great Recession, interest rates hit zero lower bound, which caused the Fed to make unprecedented moves, or quantitative easing, to spur the economy.

The White House is considering Derek Kan, an undersecretary at the Department of Transportation, for one of two open seats on the Federal Reserve Board, according to two people familiar with the matter.

Financial markets ignored surprisingly strong data and stayed focused on tariffs and developments in talks with China.

Rivlin, the founding director of the Congressional Budget Office, fought relentlessly for deficit reduction.

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.

Federal Chair Jerome Powell doused market hopes for a rate cut, but it was not the result of a shift in Fed policy.

The Fed Chair said the FOMC is “comfortable with our current policy stance,” which he termed “appropriate.”