Federal Reserve

Powell's term is up next February, when Biden can choose to extend his appointment

S&P 500 record, Fed Chair Powell and an AMD & Xilinx vote lead the week ahead on Wall Street.

The Bear Traps Report founder Larry McDonald argued that President Biden’s massive spending plan will weaken the dollar “substantially.”

Consumers' spending and personal incomes both fell sharply in February as severe winter storms disrupted shopping in many parts of the country and the government wrapped up distribution of $600 relief payments.

The Fed signals U.S. banks can revisit dividends, buybacks.

Yellen and Powell returned to Capitol Hill for a second day of testimony.

Traders will study the release of February's Durable Goods

Treasury Secretary Janet Yellen said Tuesday that President Biden is exploring changes to the tax structure in order to offset the cost of Democrats' next big-ticket economic spending package. 

Former Atlanta Federal Reserve CEO Dennis Lockhart discussed Biden's tax proposal on FOX Business' "Mornings with Maria."

Jerome Powell and Janet Yellen gave their take on the COVID-19 relief progress.

Federal Reserve Chair Jerome Powell is set to testify before the House Financial Services Committee on Tuesday, where he will update lawmakers about the ongoing economic recovery amid the coronavirus pandemic.

Federal Reserve Chairman Jerome Powell said Monday the coronavirus pandemic exposed weaknesses in the global payment system, including the delays in stimulus check deliveries to millions of Americans. 

About 46% of NABE members surveyed believe the Federal Reserve will raise the federal funds target in 2022, while 12% say later this year. Approximately 28% believe interest rates will be raised in 2023 and 12% believe the rate hike will come after 2023. 

U.S. equity markets finished mixed Friday as the Nasdaq rebounded while the Dow Jones Industrial Average and the S&P 500 lost ground. 

The Federal Reserve tells banks capital requirement rules eased during COVID-19 will end.

Republican members of the Senate Banking Committee sent a letter to Federal Reserve Chairman Jerome Powell warning him against using the central bank’s regulatory authority to implement climate change regulations, which is beyond the scope of its mission.

Powell reflects on government’s role in keeping pandemic economy from imploding.

Fed Chair Powell sees an improving economy.

Tax Foundation President Scott Hodge warned on Wednesday that economists are currently “very concerned about the amount of stimulus money that’s been put into the economy."

The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed its commitment to other easing policies.