Bob Fernandez

The central bank's portfolio now also shows a $1.3 trillion loss on paper By Bob Fernandez The Federal Reserve has a problem: its own rate hikes.

Consensus has become the norm among Fed officials who vote on monetary policy By Bob Fernandez

The Richmond Fed president also says now is no time to change the central bank's inflation target to 3%

The central bank has to stay focused on fighting inflation and not red ink, says a former Fed official

Social isolation didn’t quash the demand for cold hard cash often seen during times of turmoil.

Newly released transcripts show political pressure surrounding rate moves wasn’t part of the discussion, but some classic literature was.

Housing and rent inflation hums along at 5.4% more than two years after the Fed began hiking interest rates. The same hot read can’t be said about the stuff that goes into making a house or apartment a home, like the dishwashers, rugs and furniture.

The Conference Board’s Leading Economic Index signaled a downturn for nearly two years starting in 2022, but is now showing signs of improvement.