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Federal reserve building, Washington DC

Democratic Sen. Elizabeth Warren also urged the Securities and Exchange Commission to investigate the investments by three Fed officials

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

Robert Kaplan's resignation follows a similar announcement earlier Monday by Eric Rosengren

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Rosengren has worked at the Boston Fed for 35 years and spent the last 14 as president

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Inflation has surged as consumer spending and disrupted supply chains have created shortages

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This week’s policy meeting could lay the groundwork for an announcement

Grand opening, cutting red ribbon

Disruptions prove more significant than expected, as demand remains robust

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Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech

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Some of the Fed's policymakers have argued that the bond purchases are driving up prices

confused man

CIBC's top economist crunched the economic data

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The main concern is that the Fed will end up responding too late and too aggressively to high inflation