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Speaking at a conference in Israel, Federal Reserve board Governor Frederic Mishkin said he currently sees an "upside risk" to inflation expectations and that the Fed wants to contain those expectations. "U.S. inflation has risen recently, largely because of these sharp increases in global commodity...
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Federal Governor Frederic S. Mishkin submitted his resignation today to President George W. Bush. Mishkin will be leaving his post on Aug. 31, 2008. Mishkin has been a member of the board since Sept. 5, 2006. Mishkin's term was set to expire on Jan. 13, 2014. During his tenure, he served as chairman...