President Donald Trump is set to nominate former Federal Reserve economist Nellie Liang to the central bank's board of governors.
The Federal Reserve Bank of San Francisco said Friday that Mary Daly, its research director, will become its new president on Oct. 1.
Dallas Federal Reserve President Robert Kaplan discusses what an automated workforce could mean for workers.
Dallas Federal Reserve President Robert Kaplan explains how Hurricane Florence could affect the U.S. economy.
U.S. stocks are little changed Friday morning as banks climb but retailers and big-dividend stocks slide.
Russia's Central Bank has hiked its key interest rate for the first time in nearly four years, moving to shore up the ruble amid increasing risks of U.S. sanctions.
Turkish President Recep Tayyip Erdogan has reproached the central bank for sharply raising interest rates, saying the country would "see the results" of the bank's independence.
A central banker says he believes growth remains strong despite uncertainty over trade tensions, and he expects interest rates to continue to rise "over the next handful of quarters."
U.S. stocks are climbing Thursday morning after the Labor Department said inflation slowed a bit in August.
The latest on developments in financial markets (all times local): 9:35 a.m.
The Turkish central bank is discussing possible changes to its monetary policy amid concerns over the weakening Turkish currency.
The Latest on the European Central Bank's monetary policy meeting (all times local): 1:45 p.m.
Turkish central bank raises key interest rate from 17.75 percent to 24 percent amid currency drop.
Asian markets were mostly higher Thursday after a report that the U.S. proposed a new round of trade negotiations with China quelled fears that a dispute between the world's two largest economies was spiraling out of control.
When unemployment fall to the levels that U.S. data is at currently, a recession often follows.
A tightening Federal Reserve monetary policy and an international trade war could cool the economy.
The Fed maintains a 2 percent inflation target, which it is only now reaching after a decade struggling to consistently hit and maintain it.
The U.S. economy is showing consistent strength even after nearly a decade of growth, with Friday's jobs report for August signaling that employers remain optimistic enough to hire freely and are finally paying more generously.
U.S. stock indexes churned in early trading Friday, with high-dividend stocks falling and tech stocks rising, after a surprisingly strong jobs report pushed investors to gird for higher interest rates.
In a FOX Business Exclusive, Kaplan narrows down the number of rate hikes ahead.