Federal Reserve

The precious metal has gained 15.83 percent this year.

Fed Vice Chair Clarida tells FOX Business policymakers are ready to do more.

The wealthiest person to lead the U.S. central bank was Marriner Eccles, who held the position from 1934 to 1948

Fed Vice Chair Randal Quarles said in a speech that the Fed is testing banks against three possible economic trajectories of varying severity to see how they perform

Boston Fed President Eric Rosengren warned the continued spread of the coronavirus could hinder the economy's recovery from the pandemic and the shutdown

White House senior adviser Kevin Hassett credited the Paycheck Protection Program (PPP) for the quick economic recovery after coronavirus.

In his capacity as chairman of the world's most powerful central bank, Powell is tasked with trying to ensure that, once the virus outbreak subsides, the American economy can return to pre-crisis levels.

The Fed's new tool will help organizations classify fraud independently of payment type, payment channel or other payment characteristics. 

The coronavirus crisis and subsequent lockdown has caused a coin shortage for banks across the country, according to Fed's Powell

Powell did not endorse specific proposals. But he said Congress should avoid a mistake it made during the last recession of pulling back on support too quickly.

Traders will get the latest housing market data with May's housing starts and building permits numbers

The group of economists also warned that the virus outbreak and the recession it caused would be "especially damaging" to communities of color

Powell cautioned that an economic downturn is not the time for the federal government to begin reducing the deficit.

FOX Business' Stuart Varney during his latest "My Take” argues that the U.S. economy is coming back "strong" from coronavirus lockdowns.

The Fed responded to the pandemic by taking a range of extraordinary actions to support the economy, including slashing interest rates to near-zero.

Traders will also focus on what are expected to be record retail sales numbers

Powell returns to Congress on Tuesday for his semiannual testimony after a four-month interval in which unemployment rose from a 50-year low to an 80-year high

The move will be used to complement its previously announced ETF purchases.

Every U.S. state has started the process of phased reopening, rolling back stay-at-home guidelines and allowing business activity to resume.

Businesses with up to 15,000 employees and $5 billion in revenue can apply for financing through the Fed's Main Street lending program.