If the Fed's nominees were confirmed, could they change monetary policy?

Jul 28, 2020
The central bank's board of governors is designed with checks and balances, so one member's influence would be limited.
Judy Shelton, left, and Christopher Waller testify during a hearing on their nominations to the Federal Reserve board of governors in February.
Sarah Silbiger/Getty Images

Trump Fed nominee advances in Senate despite support for gold standard

Jul 21, 2020
Judy Shelton's unpopular view sheds light on why the U.S. and most other economies abandoned linking their currencies to gold
Once upon a time, gold was the currency of the United States.
Mario Tama/Getty Images

Wall Street awaits Fed Chair Powell’s Friday speech for signs of further rate cuts

Aug 22, 2019
The Fed’s annual Economic Policy Symposium is like the Academy Awards for a certain type of economist.
WASHINGTON, DC - JANUARY 30:   Federal Reserve Board Chairman Jerome Powell pauses during a news conference after a Federal Open Market Committee meeting January 30, 2019 in Washington, DC. The Fed has decided to leave interest rates unchanged. (Photo by Alex Wong/Getty Images)

The long and twisting story of how Jay Powell became our next Federal Reserve chair

Feb 5, 2018
Feuding congressmen, a formula to set monetary policy and the Swedes all played a part in this epic Twitter thread. We've set it to music.
Jerome Powell will be sworn in as chair of the Federal Reserve on Monday.
Drew Angerer/Getty Images

Fed officials touch a market nerve

by
Sep 12, 2016
Governors offering their (opposing) thoughts spark volatility in markets.
Federal Reserve Board Chair Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee in June.
Photo by Win McNamee/Getty Images

The world's central banks could use a break

Aug 11, 2016
To spur growth, governments need to turn to fiscal policy.

Why the global economy is stuck in a 'low-growth trap'

Jun 1, 2016
And what policymakers should do about it.

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Listening closely to the Fed meeting

Mar 14, 2016
The challenge for the Fed is figure out just the right time to raise rates.
Federal Reserve Chair Janet Yellen speaks during a press conference following the announcement of an historic rate increase, the first since 2006, in Washington, DC, December 16, 2015. With all ears on the upcoming meeting, the challenge for the Fed is figure out just the right time to raise rates.
SAUL LOEB/AFP/Getty Images

Dallas Fed Chair: Time to lose monetary "beer goggles"

Jul 16, 2014
Chairman Richard W. Fisher says the nation's monetary policy needs to sober up.

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