The White House is considering John Williams, the president of the Federal Reserve Bank of San Francisco, as a candidate to serve as the vice chairman of Federal Reserve Board in Washington, according to people familiar with the matter.
The Consumer Financial Protection Bureau doesn’t need any money from the Fed, according to Acting Director Mick Mulvaney's latest budget request.
Rising interest rates offer a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans.
One of the Federal Reserve's most influential members on Thursday offered a point-by-point critique of U.S. President Donald Trump's sweeping tax cuts, warning they put the country on an unsustainable fiscal path that will imperil the economy's stability down the road.
Top officials at the European Central Bank at their last meeting remained wary of prematurely signaling the next steps in an expected exit from their monetary stimulus polices.
Sub-par inflation over the past five years has cost the U.S. economy nearly $1 trillion in nominal growth, St. Louis Fed President James Bullard said on Wednesday as he fleshed out a proposal for a more dynamic system of setting price increase goals.
Mexican authorities say that the country recorded 6.77 percent inflation in 2017, more than double its 3-percent target and a 17-year high.
The Federal Reserve should only as a last resort adjust interest rates to deal with financial instabilities thought to imperil the U.S. economy, and instead rely primarily on regulations and supervision, a top Fed official said on Saturday.
Newly released transcripts show sharp divisions inside the Federal Reserve in 2012 over the need for a third round of bond purchases to boost a lagging economy.
SAN FRANCISCO/WASHINGTON, Jan 5 (Reuters) - Jerome Powell, President Donald Trump's pick to lead the U.S. central bank starting next month, backed the Federal Reserve's third bond-buying program only reluctantly, transcripts from the Fed's 2012 policy meetings show.
Federal Reserve officials were hopeful last month that the major tax overhaul taking effect this year will boost the economy.
U.S. short-term interest-rate futures fell slightly on Wednesday after minutes from the Federal Reserve’s December meeting suggested policymakers were by and large confident that they will need to raise rates further this year.
Federal Reserve officials debated whether new tax cuts approved by Congress would require them to raise short-term interest rates faster this year, after lifting them three times last year.
Car salesmen call it "the payment walk," when a customer wants a new vehicle but is walked instead to the used lot because they can't qualify for a new-car loan.
Tax reform and inflation were likely hot topics at the Fed's last meeting.
Inflation is expected to rise in the coming months, so it is prime time to re-evaluate your investment portfolio.
Larry Lindsey is being considered for the role of U.S. Federal Reserve Vice Chair, CNBC reported on Thursday.
One of Wall Street's traditional warning signs for a recession is flashing yellow, and nobody seems to care.
Japan's central bank has opted to keep its ultra-lax monetary policy unchanged.
One of the Fed's newest members won't be weighing in on the problems at Wells Fargo.