Federal Reserve

Quarles to leave Fed’s board, giving Biden another slot Quarles to leave Fed’s board, giving Biden another slot

Economic Indicators

Quarles to leave Fed’s board, giving Biden another slot

Quarles has served as the Fed's first vice chair of supervision, giving him wide-ranging authority over the banking system

By Christopher Rugaber, The Associated Press |November 8, 2021

3 min read

Federal Reserve to slow economic aid as inflation worries rise Fallback Image Decorative pattern

Economic Indicators

Federal Reserve to slow economic aid as inflation worries rise

To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December

By Christopher Rugaber, The Associated Press |November 3, 2021

4 min read

Powell says inflation risks rising, but Fed can be ‘patient’ Powell says inflation risks rising, but Fed can be ‘patient’

Economic Indicators

Powell says inflation risks rising, but Fed can be ‘patient’

Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year

By Christopher Rugaber, The Associated Press |October 22, 2021

2 min read

Fed imposes sweeping new limits on policy-makers’ investments Fallback Image Decorative pattern

Industry

Fed imposes sweeping new limits on policy-makers’ investments

The rules include a ban on holding stocks and bonds

By Christopher Rugaber, The Associated Press |October 21, 2021

3 min read