Monetary policy
9 articles

FOMC statement: Warsh says US economy isn't running too hot
Fed Chair Warsh said after the October FOMC statement that the US economy is not running too hot. Here is what that framing signals and what to watch next.
FOMC Minutes Point to a Year-End Hike as October Meeting Nears
Before the October 27-28 meeting, the September FOMC minutes, dot plot, Beige Book and Treasury yields frame whether the Fed's next hike comes now or in December.

Fed Blackout Begins Ahead of the October FOMC Statement
The Fed's blackout for the October 27-28 meeting began Saturday. Here is what the rule bars, what keeps flowing, and why the FOMC statement is the next signal.

Hawkish Fed: Discount Rate Minutes Show Banks Pushed a Hike
Minutes of the Fed's August and September discount rate meetings show Reserve Bank requests for a higher rate grew from two to seven before the September hike.

FOMC minutes for September 15-16 meeting: what to look for
The Fed released FOMC minutes from its September 15-16, 2026 meeting. Here is what the release is, why it matters, and which signals readers should check first.
Hawkish vs. dovish: reading the language of a hawkish Fed
What hawkish and dovish mean at the Federal Reserve, how to spot each in FOMC statements, Fed testimony and the dot plot, and why the labels can mislead.

How to read an FOMC statement, paragraph by paragraph
A reader's guide to the FOMC statement: what each paragraph does, which wording changes matter, how to read the vote line, and how it ties to the dot plot.
Hawkish Fed pressure: four Reserve Banks sought a higher discount rate
Board minutes show four Reserve Bank boards backed a 4% primary credit rate in July, yet the Board held at 3.75% and left the interest on reserves at 3.65%.

Fed testimony: Warsh sets up five task forces on policy
In his first semiannual Fed testimony, Chairman Warsh pledged to restore price stability and named five task forces on communications and the balance sheet