Federal Reserve

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.

Prices for everything from gas, cereal and motorcycles are going higher as inflation gets hotter. To see if you’re paying more, follow FOX Business’ list of the companies raising prices.

The restaurant Serendipity 3 already claims world records for the most expensive burger ($295) and ice cream sundae ($1,000), so if the question is, "You want fries with that?" its answer is a resounding yes.

Michael Lee Strategy founder Michael Lee on the future of Bitcoin.

The Dow crossed 35,000 for the first time in history putting its annual gain at 14.6%.

Biden's proposed $3.5 trillion spending plan could fuel inflation that is already the hottest it's been in nearly three decades.

The Federal Reserve is holding interest rates near 0% as inflation surges. In a testimony before Congress, Fed chair Powell said today's inflation surges are temporary.

U.S. economic growth faltered slightly in June compared with the previous month, according to new data released Thursday by the Federal Reserve Bank of Chicago.

Plunging bond yields have farther to fall as the market comes to the realization that the recent bout of inflation is transitory, according Wall Street strategists.

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.

Sen. Pat Toomey on Thursday took aim at the Federal Reserve’s shaky record on inflation during his opening statement at the Senate Banking Committee’s hearing with chairman Jerome Powell.

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.

U.S. equity futures are leaning toward a mixed trading session on Thursday.

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 Federal Reserve released its July Beige Book on Wednesday, finding that while the economy has continued to strengthen since late May, shortages in labor and supplies have become more widespread.

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 markets ended mixed after Federal Reserve Chairman Jerome Powell said the central bank expects to keep rates low for the foreseeable future.

U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.