The Fed is not worried about inflation right now. But should it also worry about the opposite? Persistently falling prices, or deflation, can also wreck an economy.
The Federal Reserve has been creating money to the tune of about $85 billion dollars a month. But the first time a central bank tried to do that…it didn't go over so well.
We don't know when the Federal Reserve will trim its bond-buying policies that boost the economy, but we do know that tapering that program will be intricate work.
As the president's pick to lead the Federal Reserve, Janet Yellen, is considered a "dove" in the sometimes arcane parlance of monetary policy. But what does that mean?