Monetary policy

Calling for gradual and patient interest rate hikes, Federal Reserve Bank of Dallas President Rob Kaplan warned that three major challenges to the economy’s health must be addressed.

With inflation remaining stubbornly low, Federal Reserve Bank of Philadelphia President Patrick T. Harker said Wednesday he’s “penciled in” two rate hikes this year.

The White House is considering Federal Reserve Bank of Cleveland President Loretta Mester for central bank vice chair.

Federal Reserve Chairman Jerome Powell said the U.S. central bank had made great progress in its pursuit of full employment and stable prices but was on the lookout for threats to the economy amid turmoil in financial markets.

Federal Reserve Bank of Cleveland President Loretta Mester suggested Tuesday three rate hikes would be appropriate this year and next.

As the Baby Boom generation retires, economic growth may slow and fiscal deficits could grow, complicating monetary policy, Federal Reserve Bank of Kansas City President Esther George said late Thursday.

Discounting market volatility, Federal Reserve Bank of New York President William Dudley Thursday expressed confidence in the economy’s strength and said the Fed’s projections of three rate hikes this year “seem reasonable.”

The Senate Banking Committee narrowly approved President Donald Trump’s nomination of Carnegie Mellon University Professor Marvin Goodfriend to sit on the Federal Reserve Board.

Federal Reserve Bank of San Francisco President John Williams said he isn’t altering his view on the U.S. economy or preference for a continued gradual rate hike path after several days of volatile markets.

Federal Reserve Bank of Dallas President Robert Kaplan said market upheavals may be beneficial and he doesn’t expect them to have a negative impact on the economy.