The Federal Reserve is still buying bonds as prices surge. Some praise the central bank’s continuing policy pivot; others ask if it was fast enough.
Author: Jeanna Smialek
Fed opens debate over a U.S. central bank digital currency with long-awaited report.
The Federal Reserve issued a paper on the pros and cons of a central bank-backed digital dollar. It’s a first step, but will kick off discussion.
Your Inflation Questions, Answered
The New York Times asked readers to send questions about inflation. Economists at the Federal Reserve, the White House and Wall Street weighed in.
Lael Brainard predicts that the Fed will engineer a soft economic landing.
Ms. Brainard, a Federal Reserve governor who has been nominated to be the central bank’s vice chair, said she expects workers will come back as the economy chugs along.
Lael Brainard, Nominee for Fed Vice Chair, Calls Inflation ‘Too High’
Ms. Brainard, a Federal Reserve governor whom President Biden nominated for vice chair, will say the central bank is focused on getting price gains back down.
CPI Report Is Expected to Show Inflation Popped Again
Economists expect a 7 percent gain in the Consumer Price Index, which would be the fastest pace since mid-1982.
Fed Chair Jerome Powell’s Confirmation Hearing: What to Watch
Jerome H. Powell, the Federal Reserve chair, will testify before lawmakers as he seeks Senate confirmation to a second term.
Jerome Powell Will Acknowledge Inflation’s Toll in Senate Testimony
Central bankers will act to keep rapid price gains from becoming permanent, Mr. Powell, the chair of the Federal Reserve, will say during a renomination hearing.
Richard Clarida, the Fed’s vice chair, is resigning early after trading scandal deepened.
Richard Clarida, the vice chair of the Federal Reserve, will leave on Jan. 14, two weeks ahead of schedule. He did not give a reason.
As Unemployment Falls, Interest Rate Increases Creep Nearer
A fresh jobs report showed that the unemployment rate is still dropping. That likely keeps the Fed on track to raise interest rates as inflation rises.