Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
BOSTON The Federal Reserve will probably need to raise interest rates in December and then three of four times "over the course of next year," assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said.
BOSTON Forcing the Federal Reserve to hew to a specific rule for setting monetary policy, as proposed in legislation considered by the U.S. Congress, could lead to "large policy mistakes," a U.S. central banker argued on Friday.
PALO ALTO, Calif. Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday he wants to see more signs of upward inflation before raising interest rates again, but that low long-term borrowing costs may limit how far and fast rates can be raised.
((This Oct. 6 story has been refiled to correct spelling to 'chalking' in paragraph 1))
AUSTIN, Texas One of the Federal Reserve's newest policymakers said on Friday he continues to believe the U.S. central bank should raise interest rates again by the end of the year, though he is "not wedded" to that position.
ST. LOUIS Federal Reserve officials have started to push back on the idea that the Trump administration's tax cut plan would boost the economy, cautioning it could instead trigger high inflation, unsustainable debt and an eventual return to sub-par growth.
EL PASO, Texas The Federal Reserve will need to "look hard" at whether it should raise rates in December, but there is no need to wait for inflation to actually get to, or even begin to rise back to, the Fed's 2-percent target before doing so, a Fed policymaker said Monday.
Philadelphia Federal Reserve Bank President Patrick Harker said Friday he still has "penciled in" an interest rate hike in December, and three more rate hikes next year, in line with most of his colleagues at the central bank.
CLEVELAND The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on Tuesday in remarks that acknowledged the central bank's struggles to forecast one of its key policy objectives.
SYRACUSE, N.Y./GRAND RAPIDS, Mich. A debate within the Federal Reserve over the outlook for U.S. inflation burst into public view just days after a rate-setting meeting in Washington, with one central banker saying inflation weakness is fading and another suggesting he's nervous it won't.