Democratic Sen. Elizabeth Warren also urged the Securities and Exchange Commission to investigate the investments by three Fed officials
Economic recovery from the pandemic is restrained in both economies, even with U.S. consumer spending rising healthily
Criticism of monetary policy has grown in recent months along with price increases
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
Two regional Fed presidents traded excessively last year
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
The decision for the U.S. central bank to dial back economic support becomes more complicated