Dallas Fed President Robert Kaplan expects positive job growth in June
Kaplan had previously predicted that unemployment could soar as high as 20 percent.
Weakening US dollar still unrivaled as world's reserve currency
No existing currency can contend with the U.S. dollar as the world's reserve currency, according to Marc Chandler, chief market strategist at Bannockburn Global Forex
Who is Ben Bernanke?
Bernanke is one of the most influential Fed chairmen in history
Fed warns economic damage from coronavirus pandemic could be 'quite persistent'
In the report, the Fed reiterated the gloomy economic forecast that it released Wednesday, following the Federal Open Market Committee's two-day meeting.
What is Jerome Powell’s net worth?
Here’s what you need to know about the wealth of Federal Reserve Chairman Jerome Powell.
A month into reopening, no clear turn for U.S. economy or pandemic
A month into efforts to broadly reopen the U.S. economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed more than 112,000 Americans.
Jackson Hole Economic Symposium goes virtual due to coronavirus: The Fed
The Fed's Jackson Hole Economic Policy Symposium will be done with a twist this year due to COVID-19.
Quicken Loans planning IPO: Report
Quicken Loans, the largest U.S. mortgage lender, could go public as soon as next month, according to a CNBC report.
Dow tanks 1,861 points as stocks post worst session since March
The Federal Reserve remains cautious on the pace of the recovery following the coronavirus slump.
Who is Alan Greenspan?
Critics, including many economists, blame Greenspan for not doing enough to prevent the 2008 recession.
Dow futures drop over 600 points on coronavirus, economic recovery concerns
Traders will also have the latest jobless figures to dissect
Fed chairman Powell condemns racism amid nationwide protests
Federal Reserve chairman Jerome Powell condemns racism and says that "everyone deserves the opportunity to participate fully in our society and our economy."
Fed's Powell suggests Congress may need to do more to support unemployed Americans
Congress has passed three massive stimulus packages totaling close to $3 trillion to blunt the economic pain from the outbreak of the virus.
May deficit jumps to $399B during coronavirus, nearly double from last year
The deficit does not reflect the outlays for forgivable small business loans.
Fed's Powell warns 'significant' number of Americans could remain unemployed during coronavirus recovery
Powell said it's 'quite likely' that millions of Americans will struggle to find jobs, despite the surprisingly good May jobs report.
Fed expects interest rates to remain near zero through 2022, GDP to rebound by 5% next year
The Fed responded to the pandemic by taking a range of extraordinary actions to support the economy.
Stock futures trade mixed ahead of Fed meeting
The Fed will also provide its outlook for economic growth, inflation and unemployment
Fed likely to stress ability to further aid economy
The Fed will also provide its outlook for economic growth, inflation and unemployment
Federal Reserve hosting virtual ‘summer camp’ amid coronavirus
The program will run through Aug. 14.
Fed economist argues negative interest rates needed to boost US economic recovery
Deploying negative interest rates could be one way for the U.S. central bank to ensure a rigorous economic rebound, according to one Fed economist.