St. Louis Fed President James Bullard told Yahoo Finance that the central bank couldn't "sugar coat" its complicated dovish rate hike in December of 2018.
St. Louis Fed President James Bullard says he hasn’t “lost confidence yet” in the prospects for the U.S. economy, adding that he expects “better news” in the data through the second quarter of this year.
Fewer small businesses expect to hire more employees in 2019, as they also reported raising prices on consumers amid higher costs.
The Fed has a reputation for near-unanimous decisions on everything. But recent regulatory changes show that there is a diversity of opinion coming from one outspoken Fed governor.
JPMorgan Chase CEO Jamie Dimon said in his annual letter that his company is "always prepared" to deal with the next recession — whenever it comes.
Housing and Urban Development Secretary Ben Carson told Yahoo Finance that he will take "as much time as is necessary" to develop recommendations for solving the tricky puzzle of Fannie Mae and Freddie Mac.
Philadelphia Fed President Patrick Harker still sees one rate hike in 2019 "at most," despite seeing potential risks tilted "very slightly to the downside."
President Trump said he plans on nominating his former economic adviser to a position at the Fed, the central bank that he has criticized for raising interest rates.
President Donald Trump says the economy would have grown over 4% in 2018 if the Fed did not raise rates four times.
Federal Reserve Chairman Jerome Powell said the central bank is not going to "overreact" to fiscal policies as it remains on pause on rate hikes.
Former White House economist Alan Krueger, who earned prominence for his research on labor markets and public policies, died this weekend at the age of 58.
Wall Street does not expect noisy data to change the Fed's stance on "patience," but market participants will still be listening for details on its rate path and balance sheet normalization plans.
Former PIMCO CEO Mohamed El-Erian told Yahoo Finance the Federal Reserve should not be too sensitive to short term indicators as it remains "data dependent."
Neil Barofsky, who oversaw the $700 billion bailout fund, says regulatory rollbacks will inevitably force the government to bail out more "too big to fail" firms in the next crisis.
Fed Chairman Jerome Powell said this weekend that the president cannot fire him and hinted that the days of the dot plots may be numbered.
The S&P 500's bull market will turn 10 years old on Saturday. So far, the index has surged about 310% from its 2009 low of 676.53.
New York Fed President John Williams shied away from offering a prediction on how many rate hikes would be needed for 2019, saying "it depends" on how the economy progresses.
Larry Summers told Yahoo Finance that Modern Monetary Theory brings up interesting questions on the role of fiscal policy but takes them to a "grotesque point."
U.S. GDP for the fourth-quarter of 2018 clocked in at 2.6%. With dampened expectations for 2019, will that be the best figure the U.S. economy will see in a while?