Federal Reserve

Gary Cohn is a 'credible' candidate for Fed chair, says Mohamed El-Erian

Despite reports that President Donald Trump eliminated White House economic adviser Gary Cohn from the running for new chair of the Federal Reserve, the chief economic adviser for Allianz Se Mohamed El-Erian said that his experience with the markets and as a leader could make him a credible candidate.

Fed should be cautious in face of weak inflation: Brainard

U.S. inflation is falling "well short" of target so the Federal Reserve should be cautious about raising interest rates any further until it is confident that prices are headed higher, an influential Fed policymaker said on Tuesday.

Fed should be cautious in face of weak inflation: Brainard

U.S. inflation is falling "well short" of target so the Federal Reserve should be cautious about raising interest rates any further until it is confident that prices are headed higher, an influential Fed policymaker said on Tuesday.