Delicate interest-rate hikes are necessary given the United States may be on the cusp of a jump in inflation, one of the Federal Reserve's most influential officials said on Friday before a local gathering that questioned the wisdom of even gradually trimming economic support for poorer Americans.
Federal Reserve Bank of New York President William Dudley said Friday the bank is working to improve cyberdefenses at the bank and abroad, following the theft of $81 million from Bangladesh's account at the Fed in 2016.
The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long?
With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year.
A top Federal Reserve regulator on Tuesday cited Wells Fargo & Co's accounts scandal as evidence that incentives to drive performance remain a problem on Wall Street.
Minneapolis Fed President Neel Kashkari, who voted against the rate hike, told FOX Business why he still thinks the economy is showing signs of weakness.
As the U.S. economy continues to show signs of strength, Chicago Federal Reserve President Charles Evans on Monday said four rate rises from the central bank this year isn’t totally out of the realm of possibility.
The U.S. Federal Reserve on Thursday made it easier for bigger lenders to merge, by quadrupling its threshold of combined size that would require an extensive regulatory review of a proposed deal.
The FOMC is back in action.
China's central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money.
U.S. stocks slipped on Thursday pressured by healthcare shares as traders cashed in gains from one of the best performing sectors so far this year.
Federal Reserve Chairwoman Janet Yellen said Wednesday financial markets shouldn't have been caught off guard by the interest rate rise the central bank just delivered.
Former Reagan Economic Policy Advisor Art Laffer is very optimistic about the U.S. economy, after the Federal Reserve raised interest rates by 0.25 of a percentage point on Wednesday.
The Federal Reserve raised interest rates at the conclusion of its two-day policy meeting Wednesday, bringing its benchmark rate to between 0.75% and 1%.
As you may have heard, MSNBC's Rachel Maddow leaked Donald’s Trump 2005 tax returns.
U.S. stocks were near session highs in afternoon trading on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.
Sending signals loud and clear, the Federal Reserve has left little doubt that it will raise interest rates Wednesday for the third time since December 2015 to reflect a consistently solid U.S economy.
U.S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks down as a blizzard hit the U.S. Northeast.
While a rate rise at the Fed's March meeting this week might be a foregone conclusion on Wall Street, investors want more clarity on what's to come later this year.
The Federal Reserve’s much-anticipated two-day policy meeting will begin Tuesday as originally planned, the central bank said.