Yet at that point, if the Fed acts to reflate the economy, inflation could easily rise above 4%. But if the Fed enables Trump's reckless macroeconomic and tariff policies and fails to put the brakes ...

Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are ...

Chicago Federal Reserve President Austan Goolsbee said Thursday it's "not a pause of anything" about Trump’s announcement ...

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday high levels of uncertainty amid very aggressive trade ...

Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as ...

As we have discussed, unless the Fed were to abolish its inflation target, the path to four rate cuts over the next 12 months would likely be one that is accompanied by a broad-based recession and ...

Amid the recent market bloodbath, traders are now anticipating five interest rate cuts in 2025, estimating that these cuts ...

Federal Reserve Bank of Chicago President Austan ... members of the Federal Open Market Committee that sets the target federal funds rate, explaining higher inflation expectations and potential ...

At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the second ...

If President Donald Trump’s large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts ...