Federal Reserve Chair Jerome Powell discussed "economic developments" at a White House meeting organized by President Donald ...

For that reason, in every advanced economy except Canada, monetary policy is delegated to a committee of experts rather than to a single decision-maker. In practice, however, decision-making has been ...

Many people think that there is a settled body of science to guide monetary policy, and that the Fed “runs” the economy, but both views are grossly mistaken. No single person or committee runs ...

The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will ...