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"We're right at the beginning of the hard part" of taming inflation, Atlanta Fed CEO says

May 24, 2023
Raphael Bostic says the Fed needs to stay focused on its goal of slowing down the economy and reducing inflation to its 2% target.
"Ultimately, shaken confidence in the full faith and credit of the United States government will not be good for the economy and will not be good for your average American," Raphael Bostic of the Atlanta Fed says of the debt ceiling debate.
Stephen Nowland/Federal Reserve Bank of Atlanta

What to look for in the Fed's latest meeting minutes

Apr 12, 2023
Fed watchers pore over the document in minute detail in search of clues about future rate hikes.
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting.
Win McNamee/Getty Images

Why we're paying extra attention to senior loan officers right now

Apr 11, 2023
The recent banking turmoil could further tighten credit conditions and slow down the economy.
Kent Belasco of Marquette University believes the recent bank failures are isolated, but "it does have an impact on the banking industry as a whole."
Justin Sullivan/Getty Images

A Fed president on remedies for inflation, banking supervision, and the possibility of recession

A conversation with Susan M. Collins, president of the Federal Reserve Bank of Boston.
Federal Reserve Bank of Boston Chair Susan Collins stands with "Marketplace Morning Report" host David Brancaccio in Washington, DC.
Meredith Garretson/Marketplace

When it comes to inflation, monetary policy might not be getting the job done

Mar 9, 2023
"It's clear there have been some shifts in the economy that just make their policies less effective," says Neil Irwin of Axios.
On Tuesday, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee.
Win McNamee/Getty Images

The Federal Reserve's economic policy powers might be limitless, but should they?

Feb 27, 2023
In her book "Limitless," New York Times reporter Jeanna Smialek asks how the Fed arrived at this powerful state.
"[Fed Chair Jerome] Powell and his colleagues knew, even as business news channels cheered on the forceful March 23 response that morning, that it would open his institution up to political criticism and possible mission creep," writes Jeanna Smialek in her new book. Above, Powell during an interview on Feb. 7.
Julia Nikhinson/Getty Images

The Fed's Lael Brainard is leaving monetary policy for fiscal policy

Feb 14, 2023
It takes a versatile person to go from setting interest rates to setting an economic agenda, one expert says.
Economist Lael Brainard will be the next director of the National Economic Council, the White House announced Tuesday.
Drew Angerer/Getty Images

For public good, not for profit.

Formerly a cash cow, the Fed is now losing "about $2 billion a week"

Feb 1, 2023
The central bank invested in securities to get the economy through the pandemic recession.
The U.S. Federal Reserve is seen in Washington, DC. The bank has been a source of government revenue for years following the 2008 financial crisis, but rising interest rates may soon change that.
Mandel Ngan/AFP via Getty Images

Should the Federal Reserve slow interest rate hikes?

Jan 19, 2023
We don’t yet know if the Fed's rate hikes have fully shown up in the economy. That could take many months.
For now, markets are assuming the Federal Reserve will ease up on rate hikes at its next meeting on Feb. 1.
Jim Watson/AFP via Getty Images

How a “divorce” between the Treasury and Fed helped build the modern economy

Dec 13, 2022
In the 1950s, the U.S. Treasury and the Federal Reserve reached an agreement that helped create the economy we have today.
Anna Moneymaker/Getty Images