Brainard has been pushing the Fed to consider exposure to climate change in its regulation and analysis of banks. That’s sparked fury from Republican senators – and even a Nobel Prize winner.
To understand the euro’s weakness, you have to look at the US as well as Europe.
Central bankers are coming under mounting pressure to get inflation under control.
After weeks of mulling, Biden decided to give Powell another term as Fed chair, which means he will have more influence over the trajectory of inflation than anyone else.
October’s employment report was rosy, with more than 500,000 jobs added in the month. There were also signs that the American workforce was heading back to the old normal.
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Job creation might well have slowed, but a deeper dive into employment data suggests the picture is actually pretty rosy.
Central bankers are expected to discuss the racial income and wealth gaps during the virtual Jackson Hole retreat. But an economist argues that the Fed is not suited for addressing these issues.
Interest rates, inflation and huge debts will all be up for debate.
An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
The RBA shouldn’t be spooked into raising interest rates, but the prospect of inflation in the next few years is an important consideration for central banks around the world.
Debate is raging about whether the recent burst of inflation is temporary or here to stay.
Crude is key to inflation. Here’s why has it been going up so much.
Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.
The former Federal Reserve chair has the experience and broad respect to get businesses to move on climate change and to lay the foundation for real and lasting progress.
Janet Yellen is the perfect choice to tackle the worst economic crisis in a century, and the problems that lie beyond.
While Trump’s nominee to join the Fed favors returning to the gold standard, an economist explains why the US and the rest of the world abandoned it in the first place.
There’s more to that Coronavirus. Even before it, businesses weren’t keen to invest.
Inflation has been low, but if the Fed isn’t careful, keeping rates too low, too long could lead to runaway inflation.
The economic status of Black Americans hasn’t changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?