Fed deluged by letters from needy over its loan program
The U.S. Federal Reserve on Wednesday released thousands of letters and emails from individuals, businesses and nonprofit groups this spring urging the central bank to widen access to its Main Street Lending Program to more entities struggling to survive the coronavirus-triggered recession.
Fed's Powell has 'stepped up to plate,' says Trump
Fed Chair Powell, once a lightening rod for Trump, is now in his good graces.
Fed officials pledge full support to aid US coronavirus recovery, minutes show
During their June meeting, Fed policymakers projected that interest rates will remain at zero until 2022.
Fed bought debt from Walmart, McDonald’s, Berkshire Hathaway and Microsoft as part of coronavirus response
A transaction list disclosed by the U.S. central bank on Sunday shows the first individual company bond purchases it's made through the secondary market corporate credit facility.
Stock futures limp into final trading session of the quarter
Wall Street is aiming for a positive quarter
Fed Chair Powell says economy faces 'new challenges' from virus
Federal Reserve Chairman Jerome Powell said the reopening of the U.S. economy -- and the accompanying upturn in spending and hiring this spring -- has happened sooner than central bank officials expected.
Apple, AT&T, Jack Daniel's: Fed issues details on bond buys
The Federal Reserve will purchase corporate bonds from roughly 750 companies in the coming months to keep borrowing costs low and smooth credit flow.
Fed's Bostic warns of 'pain' with summer end to government aid
Atlanta Federal Reserve Bank President Raphael Bostic warned on Friday that cities need to prepare for summer economic challenges
Stock futures give back gains following bank stress-test rally
Traders will get the latest personal income and spending numbers for May
Fed caps bank dividends, suspends stock buybacks in 3Q stress test coronavirus pause
The Fed's stress tests are adding some temporary 3Q restrictions so banks can remain healthy post the pandemic.
Fed's George says full economic recovery is still far off
The possibility of a surge in COVID-19 infections is likely to remain a threat to the U.S. economy until a vaccine is developed, Kansas City Federal Reserve Bank President Esther George said Thursday.
US economic recovery from coronavirus pandemic will take 'some time,' Fed's Evans says
Evans said the economy may not return to pre-crisis levels until there is a treatment or vaccine for COVID-19
Fed's Rosengren sees difficult second half for US economy
The Fed's Main Street lending facility will provide "insurance" against a difficult second half of the year, Rosengren said
US banks have grown by $2T in deposits since coronavirus pandemic started
The Fed’s latest report suggests that Americans socked away money during the outbreak of the virus and subsequent lockdown instead of spending it.
Gold price surges to 7.5-year high as coronavirus concerns mount
The precious metal has gained 15.83 percent this year.
Fed can and may do more: Vice Chair Clarida
Fed Vice Chair Clarida tells FOX Business policymakers are ready to do more.
Who is the richest Federal Reserve president?
The wealthiest person to lead the U.S. central bank was Marriner Eccles, who held the position from 1934 to 1948
Federal Reserve to set bank capital levels via pre-pandemic stress test model
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
Fed's Rosengren says more support likely needed to bolster US economy
Boston Fed President Eric Rosengren warned the continued spread of the coronavirus could hinder the economy's recovery from the pandemic and the shutdown
Second-half economic recovery 'has begun': Kevin Hassett
White House senior adviser Kevin Hassett credited the Paycheck Protection Program (PPP) for the quick economic recovery after coronavirus.
















