Jerome Powell

Federal Reserve Chairman Jerome Powell confirmed Friday his view that today's high inflation is temporary. Here's what that means for interest rates.

Federal Reserve Chairman Jerome Powell signaled Friday the U.S. central bank expects to begin unwinding some of its ultra-easy monetary policies by the end of the year as the U.S. economy continues to rebound from the COVID-19 pandemic.

Kansas City Federal Reserve President Esther George said Thursday the U.S. central bank should begin winding down its massive bond-buying program as the U.S. economy continues to recover from the COVID-19 pandemic.

All eyes will be on Federal Reserve Chairman Jerome Powell this week as investors watch for signs that U.S. policymakers are preparing to wind down the massive bond-buying program put in place during the COVID-19 pandemic.

Treasury Secretary Janet Yellen has reportedly told senior White House advisers that she supports reappointing Jerome Powell as Federal Reserve chair, a key endorsement that likely boosts his odds for a second term.

Federal Reserve Chairman Powell warned COVID-19 is "still casting a shadow on economic activity."

The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.

Former Atlanta Federal Reserve President Dennis Lockhart said on Thursday that he believes the Fed's decision to potentially taper bond purchases will not happen immediately and will likely “be made later in the year.”

Federal Reserve Chair Jerome Powell indicated that the agency’s staff would be resuming in-person work in a few weeks, though he did not mention any specific mandates as more requirements are announced for federal employees.

Federal Reserve Chairman Jerome Powell said Wednesday that policymakers at the U.S. central bank see no cause for alarm from the resurgence of COVID-19 cases nationwide, driven by the highly transmissible delta variant.

Federal Reserve Chairman Jerome Powell gave his latest views on inflation, tapering and the health of the U.S. economy amid rising COVID-19 cases and a return to mask mandates.

The Federal Reserve said Wednesday that it would maintain ultra-low interest rates and reaffirmed its commitment to other easing policies.

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.