We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

New research from the Federal Reserve suggests a growing chance that interest rates could return to zero by 2032. This ...

Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.

The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real cracks opening up inside the room, with ...

Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest ...