Fed, Warsh and inflation
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The Federal Reserve remained on the sidelines and left its benchmark for interest rates unchanged on July 29 despite some predictions for a hike.
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Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive
The policymaker stopped just short of calling for an interest rate hike.
The Federal Reserve cut its influential fed funds rate in its September meeting. Follow along with our live coverage and analysis of the decision and press conference.
The natural rate of interest is the inflation-adjusted interest rate consistent with the economy operating at full capacity. Although this rate helps gauge the economy’s health, empirical estimates of it are imprecise and volatile.
The Fed's benchmark affects many of the interest rates consumers see every day, including those tied to mortgages, credit cards, car loans and savings accounts.
Inflation is a far more serious and persistent issue than the Fed has made it out to be, and it must be addressed by raising interest rates, a group of rate-setting committee members said Friday.