Jerome Powell

Federal Reserve policymakers are meeting this week as the U.S. economy and its nascent recovery from the coronavirus pandemic face down a pair of new threats: Surging inflation and rising Covid-19 infections.

Federal Reserve Chairman Jerome Powell on Thursday defended the U.S. central bank's decision to keep in place the ultra-easy policy measures implemented last year during the COVID-19 pandemic, even as inflation surges to the highest level in 13 years.

Some Republican lawmakers worry Atlanta Fed President Raphael Bostic is too focused on his “woke” agenda as inflation rages at levels not seen in decades.

Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.

The top Republican on the House Financial Service Committee on Wednesday threw his weight behind the renomination of Jerome Powell to a second, four-year term as the chairman of the Federal Reserve.

Federal Reserve Chairman Jerome Powell plans to tell Congress on Wednesday that the U.S. economy is "a ways off" from where it needs to be in order for policymakers at the U.S. central bank to begin scaling back the massive monthly bond purchases.

U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.

Inflation is running hot after consumer prices surged more than expected in June.

Fitz-Gerald Group CIO Keith Fitz-Gerald on the Federal Reserve and inflation.

Shortages of materials and "difficulties in hiring" are holding back the U.S. economic recovery from the coronavirus pandemic and have driven a "transitory" bout of inflation, the Federal Reserve said on Friday.

Record price gains across large swaths of the economy have left many investors bracing for a period of sustained inflation, causing them to overlook the growing threat of deflation, according to some economists.

During its June policy-setting meeting, the Federal Reserve inched closer toward a discussion over when to start curtailing its massive monetary support for the U.S. economy amid signs of a rapidly strengthening recovery and an unexpectedly large jump in inflation.

The Federal Reserve is edging closer to unwinding some of the ultra-easy policy measures put in place during the Covid-19 pandemic in order to keep the U.S. economy afloat amid an unexpectedly large spike in inflation.

Coinbase CEO Brian Armstrong met with Federal Reserve Chairman Jerome Powell in May.

Mortgage rates have climbed past 3% for the first time in over two months, according to Freddie Mac.

Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank will not raise interest rates from rock-bottom levels too quickly due to recent inflation fears, reiterating policymakers' commitment to a "broad and inclusive" job-market recovery.

Federal Reserve Chairman Jerome Powell is slated to tell lawmakers on Capitol Hill that while inflation has risen "noticeably" in recent months, the U.S. economy has shown "sustained improvement" from the coronavirus pandemic.

The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing.

Financial regulators assured President Joe Biden on Monday that the U.S. financial system is in good shape and that financial risks are being mitigated by strong liquidity in the banking system, the White House said.

U.S. equity markets soared Monday with the Dow Jones Industrial Average snapping its five-day losing streak and bouncing back from its worst week since October.