Jerome Powell says Fed to change trading rules for central bank officials
Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank's current rules dictating what its officials are allowed to invest in and trade are "not adequate" and need to be updated after recent disclosures showed that two Fed officials actively traded markets in 2020.
Dow Jones jumps 338 points as Fed signals tapering, rate hikes
U.S. stocks posted strong gains but finished off session highs Wednesday after the Federal Reserve signaled tapering would likely begin later this year and that interest rate hikes will start in 2022.
Fed Powell’s press conference, Q&A: Recap
The Federal Reserve signals more rates hikes, taper timeline and acknowledges rising inflation.
Fed signals tapering could begin 'soon,' projects interest rate liftoff in 2022
The Federal Reserve signaled at the conclusion of its two-day meeting this week that it will begin slowing its aggressive bond-buying program later this year, the first step that policymakers will take to dialing back pandemic-era support for the U.S. economy.
Fed expected to provide taper timeline hints at key policy meeting this week
The Federal Reserve kicked off a much-anticipated meeting this week during which policymakers are widely expected to shed light on their plans to begin dialing back support for the U.S. economy – a decision complicated by rising inflation and lackluster job growth.
White House mum on Powell Fed reappointment
The White House is still mulling the potential renomination of Jerome Powell as chairman of the Federal Reserve, one of the most consequential economic decisions for President Biden in his first term.
Inflation talk by S&P 500 CEOs hits 10-year high
CEOs have not been this worried about inflation in over a decade.
Fed decision, FedEx, Nike, Costco earnings and Biden at UN General Assembly top week ahead
Investors will be watching the Federal Reserve’s September meeting, housing data, and earnings from the likes of Nike, FedEx, and Costco.
Investors swap cash for stocks in rapid frenzy ahead of Fed meeting
Investors exited cash in favor of stocks ahead of the Fed's upcoming meeting.
Billionaire fund manager Gundlach debunks ‘transitory' inflation
Billionaire bond fund manager Jeffrey Gundlach worries the manufacturing sector is flashing signs that inflation will be more than just “transitory.”
Dow jumps 236 points, S&P, Nasdaq see broad rally
U.S. stock indexes picked up momentum locking in gains helping ease September's rocky start.
Elizabeth Warren asks the Fed to break up Wells Fargo, citing a 'broken culture'
Sen. Elizabeth Warren on Tuesday urged the Federal Reserve to break up Wells Fargo, arguing corruption and scandals at the financial powerhouse posed "substantial risks" to consumers and the financial system.
Consumer prices rise 5.3% annually in August
U.S. consumer prices grew at a slower pace in August as gains cooled off from their fastest rate in 13 years.
Americans' inflation fears hit another high in August as prices continue to climb
Americans' inflation fears hit another record in August as the price of consumer goods continued to surge, according to a Federal Reserve Bank of New York survey published Monday.
US economic growth slowed this summer as delta variant hampered demand, Fed's Beige Books says
U.S. economic growth slowed over the summer as a surge in COVID-19 cases driven by the highly contagious delta variant forced consumers to pull back on spending, according to a new Federal Reserve report.
Treasury says it has not reduced sanctions pressure on Taliban
The Treasury Department will not reduce sanctions pressure on the Taliban, a senior Treasury official told FOX Business Wednesday.
Dallas Fed’s Robert Kaplan was an active buyer and seller of stocks last year
Robert Kaplan, President of the Federal Reserve Bank of Dallas made multi-million-dollar plus stock trades in 2020, according to a financial disclosure provided by his bank. Other regional Fed leaders reported smaller financial holdings and transactions.
Fed's Bullard says stimulus tapering should begin this year: report
The U.S. Federal Reserve should move forward with a plan to trim its massive pandemic stimulus program despite a slowdown in job growth last month, St.
American's minimum salary expectations surged in July amid labor shortage, New York Fed survey shows
Americans' minimum salary expectations surged in July, with the lowest wage that workers would be willing to accept for a new job increasing sharply from the previous year, according to a Federal Reserve Bank of New York survey published Tuesday.
Disappointing August jobs report could throw wrench in Fed's taper plans
The abrupt slowdown in job growth last month could derail the Federal Reserve's plan to start unwinding its easy-monetary policies at its September policy meeting amid signs the highly contagious delta variant is weighing on the labor market's recovery from the pandemic.



















