A new and uncharted economic territory

Feb 23, 2018
What can we expect in this post-tax bill economy?
Jerome Powell at his swearing-in ceremony Feb. 5 at the Federal Reserve in Washington, D.C.
Alex Wong/Getty Images

Yellen leads her last Fed meeting

Jan 30, 2018
Chair of the Federal Reserve Janet Yellen ends a cautious four-year run. Click the audio player above to hear the full story.

Sinking markets, emergency meetings: A Fed governor recalls 2008

Jan 22, 2018
For Randall Kroszner, 2008 was all about doing the exact opposite of what the Fed did in the 1930s.
Randall Kroszner of the Federal Reserve System Board of Governors (R) testifies before the House Financial Services Committee along with Federal Deposit Insurance Corporation Chairman Sheila Bair on Capitol Hill Dec. 6, 2007 in Washington, D.C. The committee held the hearing about accelerating loan modifications, improving foreclosure prevention and enhancing enforcement in an effort to stem damage from the subprime mortgage crisis.
Chip Somodevilla/Getty Images

Could the Federal Reserve have prevented the financial crisis?

Jan 22, 2018
A look at what the Fed was doing — and wasn't — before the crisis hit the headlines and your bank account.
Traders work on the floor of the New York Stock Exchange January 22, 2008 in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell. 
Stephen Chernin/Getty Images

With low unemployment and latest numbers on consumer prices, questions about inflation

Jan 12, 2018
The Consumer Price Index rose 0.1 percent in December from the previous month. The “core” inflation rate — excluding volatile food and energy prices — rose 0.3 percent month-to-month. That’s the largest increase since January 2017, and was higher than economists expected. But does it mean we’re beginning to see a serious uptick in inflation?  […]

The Fed rethinks its inflation target

Jan 9, 2018
The Federal Reserve has two main jobs: maximize employment and keep prices stable. That second piece, stable prices, has meant the Fed tries to keep inflation at 2 percent. Former Fed Chair Ben Bernanke made that target the explicit goal about six years ago, but it’s been unofficial far longer than that. Lots of other […]

Janet Yellen to depart the Fed, once Powell is confirmed

Nov 20, 2017
It may not be much of a surprise, but Yellen's departure does leave some questions about the future of the Fed.
Federal Reserve Board Chairwoman Janet Yellen testifies before the Joint Economic Committee on Capitol Hill
Win McNamee/Getty Images

For public good, not for profit.

What U.S. leaders have to say about Brexit

Jun 24, 2016
The official statements from the Fed, the president and the 2016 presidential candidates.
Federal Reserve Chairman, Janet Yellen speaks at the Federal Reserve, November 12, 2015 in Washington, DC. 
Mark Wilson/Getty Images

The Fed's Beige Book is actually pretty colorful

Apr 13, 2016
The publication illustrates the economy with some anecdotal notes.
It's that time of year when the Fed lets us in on some fun stories about the economy. 
BRENDAN SMIALOWSKI/AFP/Getty Images

Regulating monetary policy when money is very different

Mar 8, 2016
In the future, the Fed and others will have to create new ways to work outside the financial system
In the future, the Fed and others will have to create new ways to work outside the financial system.
George Frey/Getty Images