According to the minutes from the Federal Open Market Committee (FOMC) meeting on 28-29 January, policymakers agreed that provided the economy remains close to full...
Donald Trump’s obsession with low interest rates is well-documented. In his world, cheap borrowing is a presidential birthright—something the Federal Reserve should deliver on command....
In yet another dazzling display of monetary ambiguity, Federal Reserve Chair Jerome Powell has assured the world that the central bank is in no hurry...
The decades preceding the pandemic may have had their rocky moments, but they now enjoy a retrospective glow of tranquillity. That era, marked by subdued...
In a rare moment of moderation, US consumer prices rose less than expected in December, providing much-needed relief after months of stubborn inflation. This development...
In a display of cautious deliberation—or perhaps just elegant procrastination—Federal Reserve officials decided in December to ease up on the throttle of rate cuts, citing...
President-elect Donald Trump’s advisers are busy scheming how to reshape the Federal Reserve’s leadership, reportedly eyeing Fed Governor Michelle Bowman for the vice-chair role overseeing...