Most of them need a little time to slow the economy down.

It opens the door to interest rate hikes.

Brainard will be nominated for vice chair. The two officials typically agree on monetary policy but sometimes diverge on regulation.

Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.

Critics have intensified calls for a new Federal Reserve chair following Powell’s financial disclosures, says Rachel Siegel of The Washington Post.

There are seven members of the board of governors. Usually.

A group of directors at each regional bank is in charge of forming a search committee to hire a new president.

People without access to a regular bank account might be able to have one with the Fed, but that also raises privacy concerns.

Mary Daly weighs in on inflation, the debt ceiling impasse and why public trust is essential for monetary policymakers at the central bank.

The Fed could buy defaulted Treasuries or swap Treasury bonds that weren’t in default for those that were.