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Charles Evans, president of the U.S. Federal Reserve Bank of Chicago, said the central bank needs to hit the 2 percent target
Economy

Fed official warns of ‘serious’ miss on inflation

Joseph Lawler -
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Some central bank officials favored reducing the balance sheet within
Economy

Fed officials split on the timing of shrinking $4.5 trillion balance sheet

Joseph Lawler -
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Federal Reserve Bank of Minneapolis President Neel Kashkari said he needed more data clearly showing inflation will rise in the months ahead. (AP Photo/Chris Carlson)
Economy

Lone vote against Fed rate hike says he put data over ‘faith’

Joseph Lawler -
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Federal Reserve Chair Janet Yellen speaks in Washington, Wednesday, June 14, 2017, to announce the Federal Open Market Committee decision on interest rates following a two-day meeting. The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. (AP Photo/Susan Walsh)
Economy

Jobs market is hot any way you look at it, Yellen says

Joseph Lawler -
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The increase brings the Fed’s target for short-term interest rates to a range of 1 percent to 1.25 percent, back to its 2008 level. (AP Photo/Andrew Harnik)
Economy

Federal Reserve announces second rate hike this year, despite slower inflation

Joseph Lawler -
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Economists suggest that higher inflation might be needed to lower unemployment given the weak economic recovery. (AP Photo/Susan Walsh)
Economy

Former Obama, Fed officials call on central bank to ditch inflation target

Joseph Lawler -
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Six in 10 people say the economy has improved under President Trump, and 38 percent give him some credit for it. (AP Photo/Alex Brandon)
Economy

Trump zeroing in on candidates for Federal Reserve

Joseph Lawler -
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Low inflation, high corporate borrowing and
Economy

Fed governor: No ‘flashing red’ signs of financial bubbles

Joseph Lawler -
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Federal Reserve officials are looking to reverse the massive bond-buying programs they launched during the recession later this year. (AP Photo/Susan Walsh, File)
Economy

Federal Reserve eyes reversing quantitative easing three months at a time

Joseph Lawler -
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Investors had expected the Fed to keep rates steady, but they have been seeking a better sense of the Fed’s intentions for the rest of the year. (AP Photo/Richard Drew)
Economy

Fed holds off on rate hike, but downplays weak first-quarter growth

Joseph Lawler -
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