The Fed

Inflation and employment are the central bank's mandates. The exchange rate isn't.

Jessica Rett of UCLA helps us parse the central bank's language.

Robert Kaplan, the president of the Federal Reserve Bank of Dallas, on Thursday told Bloomberg that the Fed ought to think about slowing down how quickly it’s shrinking its balance sheet. What’s a balance sheet? It’s a ledger of the Fed’s assets and liabilities that, in the middle of the financial crisis, the Fed expanded as […]

So many workers are disappearing without even a text message that they've caught the Fed's attention.

A brief look at how five Fed chairs shifted the culture of the central bank.

In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.

He succeeded Janet Yellen as chair of the San Francisco Federal Reserve in 2015.

The Fed also increased its estimate for rate hikes in 2019 from two to three, reflecting an expectation of faster growth and lower unemployment.