Jeanna Smialek
Posts
Digital Currency Is a Divided Issue at the Federal Reserve
Some Fed officials think the central bank needs to get in the digital currency game, while others fret about crowding out the private sector.
Fed Official Says Interest Rate Increases Could Be Warranted in 2023
Richard Clarida, the Fed’s vice chair for monetary policy, said he expected inflation and the unemployment rate to reach the central bank’s goals by the...
Home Prices Are Soaring. Is That the Fed’s Problem?
Low interest rates are one reason that the housing market has taken off. They are far from the only one.
Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Goals
The central bank gave the clearest hint yet that it will soon begin to shift bond-buying from emergency mode.