Monetary policy

A rate hike should be appropriate “in the near future,” said Federal Reserve Bank of Dallas President Rob Kaplan.

Federal Reserve officials deem another increase in their benchmark short-term interest rate appropriate even as worries over a longer lasting shortfall in inflation deepened.

Federal Reserve Chair Janet Yellen cautioned that raising interest rates too quickly risked stranding inflation below the U.S. central bank’s 2% target.

Federal Reserve Board Chair Janet Yellen will resign as a member of the Fed’s Board of Governors when Jerome Powell is sworn in as chair, the Fed announced Monday.

The U.S. economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman Sachs Group Inc. economists said in a research note.

A global perspective must be used to prepare for the next recession, even though it’s not on the near horizon, Federal Reserve Bank of San Francisco President John Williams said Thursday.

The conundrum faced by Alan Greenspan is back — and possibly worse.

Federal Reserve officials are pushing for a potentially radical revamp of the playbook for guiding U.S. monetary policy, hoping to seize a moment of economic calm and leadership change to prepare for the next storm.

Changing demographics will be a challenge for policymakers, who will have to constantly evaluate and adapt, Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

Gradually raising interest rates remains appropriate, including a 25 basis point increase in December, Federal Reserve Bank of Boston President Eric Rosengren said.