Fed holds rates near zero amid fresh signs US economic recovery is slowing
The Federal Reserve said during its first meeting of the year on Wednesday that it would leave interest rates near zero.
Bond market watching for ongoing Fed reassurance on purchases
Fed Chair Jerome Powell said on Jan. 14 it is too early for the central bank to discuss changing its monthly bond purchases
Yellen passed the economic stability baton to Powell. Now, he’s handing it back.
The Fed spent 2020 combating the economic fallout of the coronavirus pandemic with interest-rate cuts, bond purchases and emergency lending programs.
Fed's Powell says US economy may return to pre-crisis levels 'much sooner' than expected
Federal Reserve Chairman Jerome Powell said Thursday the U.S. economy could return to a pre-coronavirus pandemic level "fairly soon" thanks to a torrent of monetary and fiscal aid over the past year.
Fed supported advance notice before changing bond purchases
The central bank is making the monthly bond buys to provide further help to an economy
Record low mortgage rates, homebuilders keep market hot
Homebuilders are blown away by the housing market's strength.
Fed holds rates near zero but expects economy to improve in 2021
The U.S. central bank, as widely expected, held the benchmark federal funds rate at a range between 0% and 0.25%, where it has been since mid-March.
Chair Powell's Q&A, market reaction: Recap
Fed Chair Powell wraps up a historical 2020 for policymakers.
Fed faces tricky act balancing impact of vaccines against economic pain
Fed officials at the median saw the economy growing 4% next year and the unemployment rate falling to 5.5%. Analysts expect both figures to be upgraded
Senate clears Trump Federal Reserve nominee Chris Waller
One of Trump's two nominees for the Federal Reserve Board of Governors made the cut.
Warren presses Fed chairman on need to cancel student loan debt
Sen. Elizabeth Warren, D-Mass., continued her push for the cancelation of student loan debt Tuesday, making her case to Federal Reserve Chairman Jay Powell that President-elect Joe Biden should immediately take action when he takes office in January.
Powell, warning of moderating economic recovery, says outlook is 'extraordinarily uncertain'
Federal Reserve Chairman Jerome Powell warned the pace of the U.S. economic recovery from the coronavirus pandemic has moderated in recent months and said the outlook remains "extraordinarily uncertain" amid a recent surge in infections across the country.
Janet Yellen named Biden’s Treasury Secretary, may make history again
Yellen was the first women to head the Federal Reserve.
The Dow's biggest single-day gains and losses in history
A historical look at the Dow's biggest point gains and losses.
Fed Chair Powell: Wearing masks will help bring U.S. economy back
Fed Chair Jerome Powell doesn't see a full economic recovery until people are confident COVID-19 is under control.
Fed holds rates steady, says US economy remains 'well below' pre-pandemic level
The Federal Reserve, meeting on the heels of the still-undecided presidential election, reiterated its pledge on Thursday to do whatever it can to help navigate the U.S. economy through the coronavirus pandemic.
Live updates: Fed decision, Jerome Powell's Q&A session
Fed Chairman Powell gave advice on how Americans can help revive the economy.
Whether election win is Trump or Biden, Fed Chair Powell still a rainmaker
Election chaos won't prevent the Fed from backstopping the U.S. economy.
Fed ramped up deliberations over low-rate promises
Federal Reserve officials wrestled last month with how to apply their new policy framework to an economy battered by the coronavirus pandemic.
Pelosi cites Fed's Powell in latest push for coronavirus relief deal
House Speaker Nancy Pelosi cited Federal Reserve Chairman Jerome Powell on Tuesday in her latest push for a coronavirus relief deal.













