Monetary policy

Janet Yellen’s only advocate in the White House may be the one person who matters most: President Donald Trump.

President Donald Trump told reporters Monday he is “very, very close” to announcing his nominee for chairman of the Federal Reserve.

Federal Reserve Chair Janet Yellen defended the central bank’s use of unconventional and often unpopular monetary policy tools after the Great Recession.

The U.S. Senate probably will confirm President Donald Trump’s pick to lead the Federal Reserve, but the process won’t be free of drama.

President Donald Trump concluded a White House meeting Thursday afternoon with Federal Reserve Chair Janet Yellen as House conservatives mounted a campaign to persuade him not to reappoint her.

President Trump said Tuesday that he has winnowed the number of candidates for the next Fed chair, including potentially reappointing Janet Yellen.

President Trump said he plans to choose from among five finalists to be the next Federal Reserve Chairman and will make his decision soon.

President Trump plans to announce his nominee to chair the Federal Reserve before he leaves Nov. 3 for an 11-day trip.

Federal Reserve Bank of Dallas President Rob Kaplan said Tuesday he expects gradual rate hikes will remain appropriate.

Stanford University economist John Taylor, a candidate for Federal Reserve chairman, made a favorable impression on President Donald Trump, several people familiar with the matter said.

Federal Reserve Chair Janet Yellen said the U.S. central bank expects to continue to raise interest rates gradually.

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.