Monetary policy

The announcement comes after several news reports that Stephen Moore would not back down from his anticipated nomination to serve on the Fed despite growing concerns from Republican senators.

The Fed Chair said the FOMC is “comfortable with our current policy stance,” which he termed “appropriate.”

President Donald Trump suggested Tuesday that if the Federal Reserve cut interest rates by one percentage point and resumed bond purchases it would boost the economy “like a rocket,” as central bank policy makers met to decide on where to set borrowing costs.

The benchmark targeted by the Federal Reserve is on the rise again and that’s leading some to question whether the central bank could make adjustments as soon as this week to maintain control of the rate.

After its sudden pivot on monetary policy, the Fed chair recently said the central bank's so-called dot plot has become a “source of confusion” for investors.

President Donald Trump’s top economic adviser said the White House still backs Stephen Moore for a position on the Federal Reserve Board despite growing criticism over past comments deriding Midwestern cities and women.

Inflation took a step back, according to the Federal Reserve’s favorite indicator, while income edged up in March, ahead of this week’s Federal Open Market Committee meeting, suggesting the Fed will be able to remain patient on rates.

Respondents to the a Bloomberg poll saw the target range for the benchmark federal funds rate staying right where it is — at 2.25% to 2.5% — through 2020.

Andrew Dassori, CIO of Wavelength Capital Management, discusses why it’s getting harder to predict the economy; yield curve inversion; mixed economic signals and headwinds; and how new ideas from the upcoming conference on monetary policy could help transform the Fed. Gary Siegel hosts.

President Donald Trump said he won’t nominate Herman Cain for a seat on the Federal Reserve Board after opposition from his own Republican party appeared to sink the former pizza company executive’s hopes for Senate confirmation.

An inverted Treasury yield curve is no longer a reliable signal of recession, and what matters more is the level of the curve.

Risky assets are reacting more strongly to hawkish monetary shocks from the Federal Reserve in recent years, according to Goldman Sachs Group Inc. The reason, ironically, is that the Fed is losing its forecasting edge.

The U.S. economy grew at a slight-to-moderate pace in March and early April, though a few districts “reported some strengthening,” a Federal Reserve survey showed.

The White House is interviewing candidates to potentially replace Herman Cain and Stephen Moore as Donald Trump’s picks for the Federal Reserve Board, the president’s top economic adviser said.

Members of the Federal Open Market Committee appear to have raised their inflation target from about 1.5% in 2000 to 2% after the Great Recession.

Since future rate decisions will be based on data, the next move by the Federal Reserve will be up if inflation gains momentum, and down if activity softens too much or inflation cools further.

The Federal Reserve has monetary policy in a good position at current interest rate levels and may not need to make changes again until well into next year, Chicago Fed President Charles Evans said.

Federal Reserve Chairman Jerome Powell asserted the Fed doesn’t consider political pressure in any way.

Stephen Moore, a proposed nominee for the Federal Reserve, said he’s planning to challenge the belief inside the U.S. central bank that growth causes inflation.

At least three Republican senators said they won’t back President Donald Trump’s choice of Herman Cain for the Federal Reserve Board, putting his prospective nomination in danger.