Democratic Sen. Elizabeth Warren also urged the Securities and Exchange Commission to investigate the investments by three Fed officials
Robert Kaplan's resignation follows a similar announcement earlier Monday by Eric Rosengren
Rosengren has worked at the Boston Fed for 35 years and spent the last 14 as president
Inflation has surged as consumer spending and disrupted supply chains have created shortages
This week’s policy meeting could lay the groundwork for an announcement
Disruptions prove more significant than expected, as demand remains robust
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
Some of the Fed's policymakers have argued that the bond purchases are driving up prices
CIBC's top economist crunched the economic data
The main concern is that the Fed will end up responding too late and too aggressively to high inflation