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Michael S. Derby

Reporter · CA

Indexed articles, last 90 days
4
Latest publication
Sep 24, 2026
Outlet visibility, for Theglobeandmail
Top 10K sites
Earliest in this view
Aug 20, 2026

Latest articles

  1. Article · Sep 24, 2026 · Michael S. Derby

    U.S. Fed officials see rates likely rising to curb high inflation (opens the original)

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    The U.S. central bank will likely need to raise interest rates again to curb unacceptably high inflation, two Federal Reserve policy-makers said on Thursday. “Returning inflation to 2 per cent is a top priority, and I will support the policy path that gets us there while carefully weighing risks to the labor market along the way,” Philadelphia Fed President Anna Paulson told a conference at her regional bank. Paulson, a voting member of the central bank’s rate-setting Federal Open Market Committ

  2. Article · Sep 16, 2026 · Michael S. Derby

    Bond market woes likely a factor for Fed, but intervention seen as unlikely (opens the original)

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    Surging government bond yields are raising ‌credit costs across the U.S. economy and could factor into Federal Reserve monetary policy deliberations, but analysts see the central bank resisting any explicit call from the Trump administration to bail out the market. The focus on the Fed’s possible involvement comes as Treasury Secretary Scott Bessent has taken an unusually activist role in trying to tamp down rising yields he considers to be misaligned with ⁠the U.S. ​economic outlook. Bessent’s

  3. Article · Aug 27, 2026 · Michael S. Derby

    U.S. Fed officials sound inflation warning ahead of Warsh’s Jackson Hole conference (opens the original)

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    A trio of Federal Reserve officials shared on Thursday their ongoing concerns about the U.S. inflation landscape, as central bankers gathered in Jackson Hole, Wyoming for the Kansas City Fed’s closely watched annual economic symposium. Inflation is “still stubborn and it’s still sticky and we’ve got to continue to find ways to break through” and get it back to 2 per cent, Kansas City Fed President Jeffrey Schmid said on CNBC on the sidelines of the conference. He noted that the U.S. central bank

  4. Article · Aug 20, 2026 · Michael S. Derby and Ann Saphir

    U.S. Treasury’s upsized buybacks could pose challenge for the Fed (opens the original)

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    Federal Reserve Chairman Kevin Warsh has promised that the U.S. central bank will deliver price stability, but Treasury Secretary Scott Bessent’s decision on Wednesday to double buybacks of longer-dated U.S. debt may complicate any effort to do so. On Wednesday, the Treasury Department announced that it was doubling the size of its effort to buy back Treasury securities with maturities between 10 and 30 years, to US$4-billion per operation. Long-dated Treasury borrowing costs had been rising sha

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