(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term borrowing costs "in a good place,
The Federal Reserve has been focusing primarily on "quantitative" policy variables since the 2008-2009 period, when Fed Chairman Ben Bernanke moved the Federal Reserve into a new policy framework, one centered on "quantitative" variables.
U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy.
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
Little change in interest rates mean that construction will be generally level, home prices will rise moderately and rents will edge upward.
The Fed has adopted a wait and see approach, unwilling to lower rates amid uncertainty about the Trump administration's economic policies. If you’re planning on applying for a credit card, a home, or a car loan any time soon,
Fed Chair Jerome Powell, speaking at an event in New York today, reinforced the central bank’s patient approach. "As we analyze the incoming data, we remain focused on distinguishing the broader economic trends from short-term fluctuations," he said. "We are in a position to wait for more certainty before making policy adjustments."