Craig Torres

Federal Reserve Chair Jerome Powell acknowledged increased uncertainty in the US economic outlook, but said officials don’t need to rush to adjust policy.

Staff of the Federal Reserve’s Board of Governors must return to their offices five days a week after working with flexible work arrangements since the pandemic subsided in 2021, according to a person familiar with the matter.

Staff of the Federal Reserve’s Board of Governors must return to their offices five days a week after working with flexible work arrangements since the pandemic subsided in 2021, according to a person familiar with the matter.

Federal Reserve Bank of Richmond President Tom Barkin said rapid policy changes by the Trump administration have created “a sense of instability” in the business community, and the associated decline in sentiment could “quiet demand.”

Federal Reserve Bank of Richmond President Tom Barkin said President Donald Trump’s tariffs could raise both inflation and unemployment, creating a big challenge for the central bank.

Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected, and the central bank must make sure that doesn’t lead to a growing inflation problem.

Federal Reserve officials pointed to the risk of stagflation at their meeting last month, a scenario in which economic growth slows even as inflation remains stubbornly high.

Federal Reserve Governor Michelle Bowman told the Senate Banking Committee Thursday that she will apply cost-benefit analysis to new banking rules and that regulators should be aligned in their goals for the financial system.

Donald Trump’s second term has begun with a renewed determination to curb the Federal Reserve’s treasured autonomy. Jerome Powell’s response so far: trying to draw a sharp line around monetary policy independence, even if it means appearing to give ground elsewhere.

The Federal Reserve should develop a guiding framework for how it deploys large-scale asset buying, according to an external review of the central bank’s longer-run strategy.