Monetary policy

Data were mixed from Commerce Department reports on personal income and spending and the University of Michigan's indexes.

It’s too early to know whether policymakers should cut interest rates, San Francisco Fed President Mary Daly said.

If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”

The president said that European Central Bank President Mario Draghi would do a better job overseeing monetary policy in the U.S. than Fed Chairman Jerome Powell.

Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s White House has had “exploratory discussions’’ with him about taking a job as a Federal Reserve governor, adding he was not planning to leave his current job.

Aides will send a short list of candidates to President Donald Trump soon.

Declining consumer confidence and home sales back Powell's assessment that uncertainties are rising.

The Federal Reserve should let events play out before making any changes to monetary policy, Federal Reserve Bank of Dallas President Rob Kaplan wrote in an essay published Monday.

While leaders Powell and Clarida see a growing case for accommodation, Kashkari, Bullard say the need for a rate cut is already here.

The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.