The Senate confirmed Christopher Waller to serve on the Federal Reserve Board, but the status of President Donald Trump’s second nominee, Judy Shelton, remained in limbo amid opposition from Democrats
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Fed’s Clarida Says Months of 2% Inflation Needed for Liftoff
Federal Reserve Vice Chairman Richard Clarida said the central bank won’t consider raising interest rates from near zero until it actually achieves 2% inflation for at least a few months
Continue reading »Yield-Curve Control Experts Debate How Fed Could Juice the Yen
A Federal Reserve yield-curve control policy would likely weigh on the dollar-yen, with the length of its target maturity dictating the pressure on the pair, according to Japan’s currency strategists.
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