The Fed

A concept popularized by Milton Friedman in the 1960s still influences how the Fed talks about monetary policy today.

The metaphor for the Federal Reserve's inflation-fighting goal is losing favor. Hard landings are more common, unfortunately.

Michelle Holder expects Black and Latinx workers to lose jobs in higher proportion as interest rates rise and the economy cools.

This time around, it may not be telling us that a recession's on the way.

The Federal Reserve has plans for a new instant payment network, set to launch in 2023 at the earliest. But critics say the Fed's waiting too long, given that a rival instant payment network already exists.

In setting U.S. monetary policy, the Fed is eyeing the global impact of trade wars and other economic troubles.

Unemployment is low. Consumer spending is high. But we're also in a trade war with China, and growth is slowing around the world.

What could this mean for an interest rate cut this month?

Economist Arthur Laffer said the Fed should be "subjected to democracy." But what would that look like?

Inflation and employment are the central bank's mandates. The exchange rate isn't.