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Federal Open Market Committee

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    Debate Grows Over How the Fed Should Handle Supply Shocks●How Should the Fed Respond to Supply Shocks? Plus, An Inside Story on What Happens at FOMC Meetings▶youtubeBusinessBanking138.3K8 h ago

    Economists and policy commentators are debating how the Federal Reserve should respond to supply shocks, with new attention on whether interest rate policy can address inflation driven by supply disruptions rather than demand. The discussion includes an inside account of how decisions are reached at Federal Open Market Committee meetings, drawing broad public interest in the Fed's internal deliberations and its balancing act between inflation control and growth.

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    New York Fed President John Williams is trending in banking circles after remarks drawing attention from markets and commentators. Williams, a key voice on the Federal Open Market Committee, is closely watched for signals on the path of interest rates. Specifics of his comments are not yet clear, but traders are parsing his words for clues on the Fed's next moves.