Monetary policy

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

The Federal Reserve is not behind the curve and will not overreact to economic growth, Federal Reserve Bank of San Francisco President John Williams said Friday.

Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged.

Will President Trump trumpet infrastructure in his State of the Union address? Will there be specifics on a plan? Will the Federal Open Market Committee recommend a rate hike? The market will be watching.

With rotation of voters, tax reform, and an uptick in a key inflation measure, there’s still much at issue in a Fed meeting where no rate hike is expected.

Payden & Rygel Chief Economist Jeffrey Cleveland says estimates for the fed funds rate are too low and the Phillips curve’s death has been greatly exaggerated. Hosted by Gary Siegel.

The chief executive officer of Morgan Stanley said he’s more worried that the stock market has reached record highs in recent months.

Federal Reserve Governor Jerome Powell was confirmed with broad bipartisan support in the Senate to take the helm of the U.S. central bank when Chair Janet Yellen’s term ends Feb. 3.

The Federal Reserve’s 2% inflation target has come under attack, with alternative frameworks and changes to the standard discussed.

The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.

The gradual rate hikes will continue even as inflation remains below the Federal Reserve’s 2% target, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

Although he continues to maintain that two rate hikes this year are appropriate, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is closely monitoring the flattening yield curve.

The Federal Reserve will raise interest rates in March, followed by one or two more in 2018, former Fed Gov. Randall Kroszner predicted Thursday night.

Low interest rates may not be a “serious problem” and while tax reform will support near-term growth, it will add to the long-term burdens on the economy, Federal Reserve Bank of New York President William Dudley said Thursday.

Price level targeting may be a better tool than inflation targeting, Federal Reserve Bank of St. Louis President James Bullard said.

Federal Reserve policy dove Charles Evans argued for a six-month delay in raising interest rates when U.S. central bankers met in December.

Former Federal Reserve Chairman Ben Bernanke predicted that the central bank’s new leadership will study alternate regimes for monetary policy over the next year to 18 months.

The U.S. central bank should be patient as it raises interest rates this year, said Federal Reserve Bank of Atlanta President Raphael Bostic, adding his voice to other dovish comments from officials concerned by low inflation and the risk of an inverted yield curve.

Jerome Powell was a reluctant supporter of a third round of emergency bond purchases in 2012 as the U.S. struggled to recover from the global financial crisis.

Low interest rates increase the chance of hitting zero lower bound rates, forcing the Federal Reserve to use nontraditional monetary policy tools, could extend recessions and hold down inflation, Federal Reserve Bank of Cleveland President Loretta Mester said Friday.