Federal Reserve Archives - The Big Picture

“It’s the Fed’s fault!” That has been the rallying cry for so many misguided analyses and criticisms going back...

Last week, we compared monetary vs fiscal stimulus. Understanding the differences in how each manifests in the economy is...

How different are the impact of fiscal stimulus and monetary policy? That is a question that Adam S. Posen, president of the Peterson...

This week, we speak with Adam S. Posen, president of the Peterson Institute for International Economics. Over the course of his career,...

The Libertarian Ideas That Wrecked the Fed Milton Friedman’s influence on America’s monetary policy blew up the past and mortgaged...

This week, we speak with Claudia Sahm, former Section Chief at the Board of Governors of the Federal Reserve System, and Senior Economist...

If the president gets his way, Judy Shelton will bring crackpot goldbuggery back to the central bank. This week, the Senate...

Negative interest rates not the right tool for this shock Source: Torsten Sløk, Deutsche Bank Research Torsten Sløk, chief...

The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to...

The Coronavirus pandemic has led to an unprecedented economic collapse, both here and around the globe. The Federal Reserve responded by...