Richard Clarida

Last week's monthly jobs report demonstrated the ongoing strength of the U.S. economy and underscored the need for the Federal Reserve to rein in its stimulus efforts, St. Louis Federal Reserve Bank President James Bullard says. read more >

U.S. consumer prices surged 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than a decade, an acceleration that has stirred rising worries about its effect on the economy. read more >