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Eric Rosengren, one of three officials to dissent from the no-rate-hike decision Wednesday, cited recent job gains and rising inflation as reasons for the Fed to continue raising rates. (AP Photo)
Economy

Fed official pushes for raising interest rates

Joseph Lawler -
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Federal Reserve Chairwoman Janet Yellen sided with the late Milton Friedman and against her colleagues Wednesday in one of the major debates within the central bank as it weighs when to raise interest rates. (AP Photos)
Economy

Yellen sides with Milton Friedman against colleagues

Joseph Lawler -
0
Economy

Yellen: Low rates will give U.S. ‘room to run,’ bring people into workforce

Joseph Lawler -
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In an August speech, Federal Reserve Chair Janet Yellen argued that the Fed would still be able to deliver stimulus even if it were forced again to lower rates to zero, by relying on tools such as quantitative easing. (AP Photo/Matt Rourke)
Economy

Four numbers that explain why the Fed hasn’t raised interest rates

Joseph Lawler -
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Subdued inflation means greater purchasing power for families. But it also is a possible sign that the economy is operating below capacity. (AP Photo/Paul Sancya)
Economy

Inflation perks up in August, to 1.1 percent annually

Joseph Lawler -
0
Investors and policymakers at the Federal Reserve have been monitoring inflation numbers closely for signs that the economy is headed toward full capacity. (AP Photo)
Economy

Falling gas prices keep inflation subdued in July

Joseph Lawler -
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John Williams, the president of the Federal Reserve Bank of San Francisco, wrote in a research letter published Monday that governments might need to change both monetary policy and spending programs to better
Economy

Fed official floats pursuing higher inflation

Joseph Lawler -
0
Fed members are reluctant to spell out an end to the era of very low rates even amid mounting signs that the U.S. economy is near full strength. (AP Photo)
Economy

Fed holds off on rate hikes, but sees ‘diminished’ risks to the economy

Joseph Lawler -
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On Friday, the Labor Department reports on U.S. consumer prices for June. (AP Photo/Elise Amendola)
Economy

Rising rents, medical costs push core inflation to highest levels of the recovery in June

Joseph Lawler -
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Spending is growing faster than right before Obamacare started but slower than in the decade preceding it. (AP Photo/Charlie Riedel)
Economy

Healthcare spending rising faster than inflation

Paige Winfield Cunningham -
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