Monetary policy

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.

Although Federal Reserve policy makers agree they need an “ample” supply of reserves to ensure control over short-term interest rates, they’re having trouble agreeing on how much that actually is.

Fed policymakers grappled with “significant uncertainties” as they scrapped forecasts for interest-rate hikes in 2019.

President Trump said that it’s up to Herman Cain to determine whether he can win Senate confirmation.

Equity investors have been worried about the wrong yield curve, according to a strategist at JPMorgan Chase & Co.

“I personally think the Fed should drop rates. I think they really slowed us down. There’s no inflation," President Trump said on Friday.

The economy looks fundamentally sound, leading Federal Reserve Bank of Philadelphia President Patrick Harker to question the importance of a yield curve inversion.

President Donald Trump intends to nominate Herman Cain for a seat on the Federal Reserve Board, according to people familiar with the matter.

While it is possible that the Federal Reserve’s hiking cycle is complete, but the more likely scenario is rates will go “a bit higher,” Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

President Trump fired a fresh broadside at the Federal Reserve for raising interest rates last year, saying the economy is in good shape “despite the unnecessary and destructive actions” taken by the central bank.

Sens. Sherrod Brown, D-Ohio, and Ron Wyden, D-Ore., pressed Stephen Moore for details about reports that he owes more than $75,000 in taxes and failed to pay more than $300,000 in alimony and child support.