Board of Governors of the Federal Reserve System

Reserve—and, indeed, the country—is grappling with what AI will mean for...prices that consumers and businesses face, which has been a key concern

the politics of monetary policy. I use the term to describe the relationship...key to the dual mandate is that the two objectives are sought at the same

best way that the Federal Reserve can contribute to achieving the highest...and perhaps in the product market as well). This balance yields a constant

best outcomes for the people we each serve. Another similarity, and one...the Committee recognizes that employment may at times run above real-time

key functions to maintain the integrity of the U.S. payment and settlement...expenses—and the return on equity (profit) that would have been earned

key functions to maintain the integrity of the U.S. payment and settlement...expenses—and the return on equity (profit) that would have been earned

prices and consumer prices excluding food and energy prices Michael T....best gauged by focusing solely on prices excluding food and energy prices

and, to a lesser extent, an overstretched workforce. The flow of applicants...compared to earlier in the year, contacts also reported more workers faced

Prices Price pressures remained modest since the previous report. Several...prices. Retail prices generally increased slightly. Transportation, energy

homeownership—the main focus of empirical literature— but also for maintaining...constraints—for example, by lowering minimum down payments—strengthens