FOMC

Slower economic growth shouldn’t be a concern since it’s the “new normal,” according to Federal Reserve Bank of New York President John Williams, who said Wednesday this allows the Fed to be patient and data dependent on rate changes.

Federal Reserve Bank of Dallas President Robert Kaplan is sounding a warning bell on U.S. corporate debt, arguing it could pose risks to the economy should growth sour.

With signs of economic weakness toward the end of 2018 and a rise in downside risks, the Federal Open Market Committee can wait “several meetings” before changing rates, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday.

Federal Reserve Board Chair Jerome Powell again professed patience on monetary policy Thursday night.

Federal Reserve Vice Chairman Richard Clarida said the U.S. central bank can be patient with interest-rate adjustments.

Federal Reserve Chair Jerome Powell told lawmakers that he’ll soon announce a plan to stop shrinking the $4 trillion balance sheet that the Fed built up as it battled to shield the economy from the 2008 financial crisis.

While President Donald Trump has taken victory laps for slashing regulations on banks and other companies, Federal Reserve Chairman Jerome Powell says it’s hard to prove the effort has boosted economic growth.

Federal Reserve Chairman Jerome Powell, asked if there’s a “Powell Put” in financial markets, said the U.S. central bank will pay attention to financial-market volatility if it threatens economic stability.

Federal Reserve Chair Jerome Powell said the U.S. labor market still has room to pull in workers.

Jerome Powell confronted skepticism from Republican Sen. Patrick Toomey on Tuesday when the Federal Reserve chairman explained why the central bank is undertaking a yearlong review of its approach to achieving its 2% inflation goal.

Federal Reserve Chairman Jerome Powell said a healthy U.S. economy has faced some “crosscurrents and conflicting signals” that officials in January decided warranted taking a patient approach to future interest-rate changes.

Federal Reserve Vice Chairman Richard Clarida said that when rates on shorter-dated bonds move above rates on longer-dated bonds, it can be a signal that an economic slowdown is coming.

Facing a long-term environment of low interest rates and low inflation, Federal Reserve Vice Chairman Richard Clarida said it’s a good time for the U.S. central bank to undertake a review of how it goes about pursuing its twin goals of maximum employment and price stability.

The Federal Reserve reiterated a patient stance on future interest-rate changes in a robust domestic economy facing potential headwinds including slower global growth and market volatility.

Federal Reserve Bank of New York President John Williams voiced concerns that inflation expectations may have slipped downward after years in which price rises have failed to reach the central bank’s 2% target.

Minutes of the Federal Reserve’s January meeting showed widespread agreement on ending the runoff of the central bank’s balance sheet this year while officials expressed uncertainty over whether they would raise interest rates again in 2019.

A weather closure will keep journalists from getting the minutes in advance.

Former Federal Reserve Chair Janet Yellen signaled it may be harder than U.S. trade negotiators think to prevent China from manipulating its currency.

Mark Heppenstall, CIO at Penn Mutual Asset Management, discusses the Fed’s balance sheet normalization and whether its newfound patience can keep the economy growing. Gary Siegel hosts.

With monetary policy near the bottom of the range of Federal Open Market Committee estimates of its longer-run neutral rate, communications will need to change, Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday.