Monetary policy

The Federal Reserve policy maker said he isn’t worried John Taylor, if nominated to lead the central bank, would be too severe in seeking to impose his views on policy.

John Taylor, a candidate to succeed Janet Yellen at the helm of the Federal Reserve, said his advocacy for rules-based monetary policy isn’t an argument for overly constraining central bankers in setting interest rates.

President Donald Trump’s eventual pick to lead the Federal Reserve won’t have much scope to abruptly chart a new policy course, Boston Fed President Eric Rosengren said Friday.

Federal Reserve Governor Jerome Powell said emerging market economies were vulnerable to heavily-indebted corporate sectors as global interest rates rise, and singled out China as a source of particular concern.

The federal funds rate target should continue rising gradually until reaching its “new normal of 2.5%,” Federal Reserve Bank of San Francisco President John Williams said Wednesday.

Many Federal Reserve policymakers worried about low inflation and some want to feel more confident inflation is moving higher before raising rates again.

Maintaining that gradual rate hikes remain the best course for the economy, Federal Reserve Bank of Kansas City President Esther George said Wednesday the Federal Open Market Committee “is, by historical standards, meeting the dual mandate.”

Federal Reserve Bank of Chicago President Charles Evans said weak inflation in the U.S. may not be entirely due to temporary factors.

Federal Reserve Governor Jerome Powell has canceled plans to speak at an event in Boston on Friday, a move the central bank described as a routine change in schedule.

Investors now see roughly an 80% chance of a hike at the Fed’s gathering in December.

Federal Reserve Bank of Atlanta President Raphael Bostic said continued strength in the U.S. economy would make him comfortable with raising interest rates in December.

Federal Reserve Bank of San Francisco President John Williams said moderate growth and his outlook for higher inflation will allow the U.S. central bank to raise interest rates, while his counterpart in Philadelphia signaled he’s anticipating a hike in December.

Federal Reserve Vice Chairman Stanley Fischer continues to expect a tightening U.S. labor market to lift wages and prices.

Federal Reserve Governor Jerome Powell deflected questions about his interest in succeeding Janet Yellen at the helm of the U.S. central bank when her term as chair expires on Feb. 3, 2018.

Paul Mortimer-Lee, chief market economist at BNP Paribas, discusses the leadership of the Fed and possible replacements for Janet Yellen.

The Federal Reserve should not raise rates again until inflation is at the 2% target, unless unemployment falls dramatically, Federal Reserve Bank of Minneapolis President Neel Kashkari wrote in an essay published Monday.

Federal Reserve Bank of Boston President Eric Rosengren said the central bank should raise rates in a “regular and gradual” way.

The economy will “probably not” rebound in the last half of 2017, according to Federal Reserve Bank of St. Louis President James Bullard, and don’t expect inflation to suddenly turn around either.

Given the numerous uncertainties in the economy, gradual rate hikes remain the best course, Federal Reserve Board Chair Janet Yellen said.

While monetary policy is not “overly easy,” Atlanta Fed President Raphael Bostic said his mind is open about tightening.