Federal Reserve

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.

U.S. equity futures were trading lower after Federal Reserve officials indicated they expect higher interest rates by late 2023.

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.

U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.

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.

U.S. equity futures are little changed ahead of the Wednesday trading session and the conclusion of the Federal Reserve's policy meeting.

Federal Reserve officials on Wednesday are expected to at least flag the pending start of talks about when and how to exit from the crisis-era policies the U.S. central bank put in place at the onset of the coronavirus pandemic last year.

New York Stock Exchange senior market strategist Michael Reinking told FOX Business that he does not expect any major policy shifts during the meeting of the Federal Reserve this week, saying he expects a "tranquil taper" as opposed to the "taper tantrum" seen in 2013.

The majority of big money managers are in agreement with the Federal Reserve's assessment that inflation is temporary as the central bank readies its latest policy decision.

Federal Reserve policymakers are meeting this week against the backdrop of conflicting economic data.

Stocks rallied to record highs Monday, finishing on their best levels of the session, as traders readied for the Federal Reserve’s upcoming meeting.

Investors have faith in the Fed. Over the past three months consumer prices, excluding volatile food and energy, have risen 2%, equivalent to a shockingly high annual rate of 8.2%. Rather than panic and dump bonds, investors have piled into Treasurys and pushed 10-year yields back down to where they stood in late February. Confidence in the central bank is absolute.

U.S. equity futures were trading higher the morning after the S&P 500 notched another record high despite a surge in consumer prices in May.

The Federal Reserve's balance sheet topped $8 trillion for the first time, weekly data published on Thursday by the U.S. central bank on its holdings showed.

A key inflation gauge that revealed consumer prices rose at their fastest pace in decades last month could prompt the Federal Reserve to start laying the groundwork to begin curtailing its massive monetary support to the U.S. economy.

Mortgage rates may be on the rise, but now it's still a great time to refinance. Here's what you need to know before starting the refinancing process.

Queens College Cambridge President Mohamed El-Erian on Treasury Secretary Yellen welcoming higher interest rates.

The Federal Reserve does not seek to set climate change policy for the United States and the issue, while of long-term economic concern, does not currently influence monetary policy, Fed chair Jerome Powell said on Friday.