Jerome Powell

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.

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. is on a path to a “very strong labor market” as he noted that Americans will have opportunities to return to work.

Federal Reserve Chairman Jerome Powell on Wednesday used the recent plunge in lumber prices as an example of why the central bank thinks the recent surge in inflation will be transitory.

Federal Reserve Chairman Jerome Powell maintained that a recent surge in consumer prices is likely transitory – but warned the increase may ultimately be “higher and more persistent” than expected.

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

The Federal Reserve says inflation is "transitory" and plans rate by 2023.