FOMC

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.

Stephen Moore, who Donald Trump may nominate for a seat on the Federal Reserve Board, said the central bank should immediately reverse course and lower interest rates by half a percentage point.

Disruptions between monetary policy and the economy help explain the “inflation puzzle we’re facing,” according to Federal Reserve Bank of San Francisco President Mary Daly.

Federal Reserve Bank of Boston President Eric Rosengren still thinks the central bank’s next move for interest rates is more likely to be a hike than a cut.

Federal Reserve Bank of Boston Eric Rosengren said he favors shortening the average maturity of Treasury securities held in the U.S. central bank’s balance sheet as a way of preparing for the next recession.

Climate change will cause growing losses to infrastructure and property and slow economic growth, making it “relevant” to Federal Reserve policymakers.

Stephen Moore drew swift and unusually pointed criticism after President Donald Trump picked him to be a governor of the U.S. Federal Reserve.

The Federal Reserve may have to put interest-rate increases on hold or even ease monetary policy if economic forecasts for 2019 disappoint, Chicago Fed President Charles Evans said.

Former Federal Reserve chief Janet Yellen said she’s not a fan of modern monetary theory, saying its proponents are “confused” about what can fuel inflation in the economy.

The U.S. central bank should only raise interest rates once this year “at most” given risks to the economic outlook including Britain’s departure from the European Union, said Federal Reserve Bank of Philadelphia President Patrick Harker.