FOMC

More than a decade ago, then-Federal Reserve Chairman Ben S. Bernanke dismissed the curve’s predictive powers after two of the most widely watched yield spreads inverted and then went flat.

Because Federal Reserve officials attempt to do too much with speeches and forward guidance, communications are confusing, according to economist Mickey Levy.

The Federal Reserve released the program for a June conference on the conduct of monetary policy that will be comprised of mostly academics.

President Trump blasted the central bank for “mistakenly’’ raising interest rates and for a “ridiculously timed’’ reduction in its balance sheet.

White House chief economic adviser Larry Kudlow called on the Federal Reserve to “immediately” cut interest rates by a half percentage point.

The yield curve inverting doesn’t scare Federal Reserve Vice Chair for Supervision Randal Quarles, he said, and he doesn’t see it predicting a recession.

The U.S. economy isn’t likely to slip into recession anytime soon, and there is no reason for the Federal Reserve to cut interest rates, former Fed Chair Janet Yellen said.

The American economy looks on track for continued growth, though the inversion of the yield curve may be signaling that the U.S. central bank may have set policy too tight.

The addition of the conservative pundit could signal the Trump administration's intent to have a more direct hand in central bank policies, yet Moore could experience his own transformation as a Fed governor.

Stephen Moore, whom President Donald Trump said he’ll nominate for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government.