Monetary policy

Federal Reserve Bank of New York President William Dudley offered a positive outlook for the U.S. economy, job market and inflation on Thursday, saying better conditions would help support the most vulnerable Americans.

Federal Reserve Bank of St. Louis President James Bullard said Janet Yellen’s successor should consider holding press conference after every policy meeting, if she isn’t picked for a second term at the helm of the U.S. central bank.

Chicago Fed President Charles Evans said it would be “reasonable” to announce the roll-off of the central bank’s balance sheet next month, while cautioning that disappointing inflation data may delay interest-rate increases as technological disruption dampens price pressures.

With Federal Reserve Board Chair Janet Yellen's term due to expire in February, speculation is rampant in D.C. about who might replace her — or whether she will be replaced at all.

The Federal Reserve must maintain its credibility on inflation, Federal Reserve Bank of Minneapolis President Neel Kashkari told an audience Monday.

Monetary policy is near appropriate levels, Federal Reserve Bank of St. Louis President James Bullard repeated Monday.

The Federal Open Market Committee did not increase the fed funds rate target, the Fed announced following the panel’s two-day meeting, but it said it expects to begin balance sheet normalization “relatively soon.”

Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, discusses the Federal Reserve, rate hikes, its balance sheet and vacant seats. Hosted by Gary Siegel.

Slow removal of monetary policy accommodation will help raise inflation to 2%, according to Federal Reserve Bank of Chicago President Charles Evans.

A successful Federal Reserve chair must be a respected analyst of the economy able to forge a consensus among colleagues, Dallas Fed President Robert Kaplan said.

While claiming he will keep an open mind, Federal Reserve Bank of Dallas President Rob Kaplan reiterated he would like to see inflation rise before the next rate hike.

The Federal Reserve’s balance sheet will be reduced substantially, but not to the $1 billion level from before the financial crisis, Federal Reserve Board Chair Janet Yellen said.

Unwinding the Federal Reserve’s balance sheet should start “sooner rather than later,” Federal Reserve Bank of Kansas City President Esther George said Wednesday.

Federal Reserve Board Chair Janet Yellen said Wednesday that although the timing of balance sheet normalization beginning “doesn’t matter a great deal,” she would like to see it start “relatively soon.”

It’s “premature” to decide inflation won’t go back to 2% in the coming years, and the Federal Reserve will alter its course if the inflation undershoot is “persistent,” Federal Reserve Board Chair Janet Yellen said Wednesday.

Federal Reserve Chair Janet Yellen said the U.S. economy should continue to expand over the next few years, allowing the central bank to keep raising interest rates, while also stressing the Fed is monitoring too-low inflation.

Calling the “normalization of the federal funds rate … well under way,” Federal Reserve Board Governor Lael Brainard said it is almost time for balance sheet run off.

In its semiannual monetary policy report to Congress, the Federal Reserve Board gave no new insight into its current policy stance, when it might raise rates again or when it would initiate a change to its reinvestment policy.

Uncertainty surrounding U.S. government policy may be holding back economic growth because of its negative impact on business investment, Federal Reserve Vice Chairman Stanley Fischer said.

A divided Federal Reserve policy committee couldn’t reach agreement in June on the timing of when to begin shrinking its massive balance sheet, according to minutes of the meeting.