Monetary policy

Bryce Doty, senior vice president with Sit Investment Associates, says the Fed needs to appear more aggressive in order to stay ahead of inflation expectations. Gary Siegel hosts.

Neel Kashkari is questioning whether the economy is really at full employment, a line his Federal Reserve colleagues frequently trot out.

Unless events change the economy, the Federal Open Market Committee will likely need four 25 basis point rate hikes this year, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

The Federal Reserve may be well-served by postponing additional interest-rate increases until inflation data show a stronger pickup in price pressures, Chicago Fed President Charles Evans said.

Federal Reserve Bank of Atlanta President Raphael Bostic said trade wars might offset momentum from fiscal stimulus.

Federal Reserve Governor Lael Brainard, one of the central bank’s most ardent doves, sounded optimistic about the U.S. economy’s outlook and suggested the pace of monetary policy tightening may need to accelerate.

While the current economic situation can be called “unique,” Federal Reserve Bank of San Francisco researchers believe the yield curve inverting would signal an upcoming slowdown.

Richard Clarida, an international monetary economist and Pacific Investment Management Co. global strategic adviser, is the front-runner for the nomination to be the Federal Reserve vice chairman, said a person familiar with deliberations.

Federal Reserve Board Chair Jerome Powell seemed to counteract his earlier statement, which suggested the chance for four rate hikes in 2018.

Federal Reserve Board Chairman Jerome Powell refused to comment on his views on the number of times the Federal Open Market Committee will raise rates this year, although he admitted his “outlook has strengthened since December.”