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President Trump is pushing the Federal Reserve to go beyond its legal mandate and help him manage the national debt as ...
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
Federal Reserve likely to keep interest rates unchanged for fourth straight meeting despite President Donald Trump and Vice ...
Policy rules would help hold the Fed and elected officials accountable for the Fed's policy decisions. Inflation, unemployment, and monetary policy are always political.
But then Paul Volcker, chairman from 1979 to 1987, stuck to tight monetary policy in the face of a recession, thus vanquishing inflation and restoring the Fed’s independence.
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