Monetary policy

Minutes of the Federal Reserve’s January meeting showed widespread agreement on ending the runoff of the central bank’s balance sheet this year while officials expressed uncertainty over whether they would raise interest rates again in 2019.

A weather closure will keep journalists from getting the minutes in advance.

Former Federal Reserve Chair Janet Yellen signaled it may be harder than U.S. trade negotiators think to prevent China from manipulating its currency.

Mark Heppenstall, CIO at Penn Mutual Asset Management, discusses the Fed’s balance sheet normalization and whether its newfound patience can keep the economy growing. Gary Siegel hosts.

With monetary policy near the bottom of the range of Federal Open Market Committee estimates of its longer-run neutral rate, communications will need to change, Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday.

Federal Reserve Governor Lael Brainard indicated she favors ending the process of normalizing the U.S. central bank’s balance sheet in 2019.

Federal Reserve officials are getting their stories straight on the U.S. economy.

If the economy moves as expected, Federal Reserve Bank of Philadelphia President Patrick Harker expects one rate hike this year and one next year.

Federal Reserve Chairman Jerome Powell said the U.S. economy is “strong” though its benefits haven’t been felt evenly across the country.

With inflation expectations eclipsing economic slack in driving inflation, policymakers will need to keep expectations in line to avoid “large swings in inflation,” according to researchers at the Federal Reserve Bank of San Francisco.

Nobel laureate Paul Krugman said the U.S. economy may be heading into a recession at a time when the Federal Reserve doesn’t have the firepower to properly combat a slump.

The Federal Open Market Committee needs to be careful because the market expects low inflation and the yield curve remains quite flat, Federal Reserve Bank of St. Louis President James Bullardsaid late Thursday.

Negative interest rates could be harmful for U.S. banks, limiting their usefulness as an emergency tool in an economic downturn, said Federal Reserve Bank of Dallas President Robert Kaplan.

President Donald Trump’s top economic adviser said the White House currently is interviewing candidates to fill open seats on the Federal Reserve Board but said there’s no hurry to make a nomination.

Former Federal Reserve Chair Janet Yellen said the U.S. central bank must rely on incoming economic data to determine if its next policy move will be up or down.

Federal Reserve Chairman Jerome Powell gave a brief but positive assessment of the economy at an event organized for educators.

Reserve balances still affect the fed funds rate, according to Federal Reserve Bank of Kansas City Senior Economist A. Lee Smith.

Federal Reserve Chairman Jerome Powell’s dinner on Monday with President Donald Trump was “casual” and “productive,” and may happen again, Treasury Secretary Steven Mnuchin said.

The Federal Reserve can be patient and watch the economy without changing monetary policy for “the next several months,” according to Federal Reserve Bank of Dallas President Robert Kaplan.

Monetary policy is well positioned, Federal Reserve Bank of Cleveland President Loretta Mester said Monday evening.