The man who invented the Fed’s magic trick just died. His successor is about to try it again Alan Greenspan's closest colleagues see his fingerprints in the AI bet: “Hopefully, it won't end the same way.” Fortune · Jun 23
Alan Greenspan, longtime Fed chief with a divided legacy, dies WASHINGTON — Alan Greenspan, the longtime United States Federal Reserve (Fed) chief who presided over an unprecedented period of American economic expansion but was later faulted for failing to rein in markets ahead of the 2008 global financial crisis, has died. Bangkok Post · Jun 22
Former US Federal Reserve chairman Alan Greenspan dies at 100 Alan Greenspan – the longtime US Federal Reserve chief who served under four presidents – has died at 100, his wife said in a statement on Monday. Greenspan presided over an unprecedented period of American economic expansion but was later faulted for failing to rein in markets ahead of the… France 24 · Jun 22
Forget a ‘shadow’ Fed chair, here’s how the central bank could have two different leaders at once Jerome Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee. Fortune · Jul 7, 2025
A shadow Fed chief could lead to a ‘revolt’ at the FOMC against Powell’s successor, former vice chair warns “If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be there when the new chair takes over.” Fortune · Jun 28, 2025
Economists Urge Federal Reserve To Cut Interest Rates Sooner The Federal Reserve faces pressure for an immediate rate cut but must consider various economic factors before making a decision. Top News · Jul 31, 2024
Did Central Banks Break Inflation? Some Economists Have Doubts Central bankers who orchestrated the wave of interest rate hikes over the past two years, hoping to avoid a painful inflationary spiral, are now facing an uncomfortable question: Were their moves helpful? International Business Times · Jan 24, 2024
Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors The Independent UK · Oct 31, 2023
Memories of the 1970s haunt the Fed, pushing its aggressive rate moves The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking. WEKU · Sep 29, 2022
The Fed's mission improbable: Beating inflation without causing a recession Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done. WEKU · Jul 24, 2022