Federal Reserve

In the past eight weeks, the Fed has pumped nearly $2.9 trillion into the economy.

Rosengren said he expects unemployment to remain well above the pre-crisis level of 3.5 percent at the end of 2020.

The Fed has already taken a range of extraordinary actions to support the economy, including slashing interest rates to near-zero.

He joined the Boston Fed in 1985 as an economist in the research department.

Bullard was earning about $339,700 per year, on the low end of the 12 district banks.

Powell and Treasury Secretary Steven Mnuchin are scheduled to testify to Congress about measures taken to support the economy

Powell and Treasury Secretary Steven Mnuchin are scheduled to appear before the Senate Banking, Housing, and Urban Affairs committee

The Treasury Fund set aside $46 billion for loans and loan guarantees to the airline industry, none of which has been distributed.

Bostic is the first African-American to lead any of the Fed's 12 regional reserve banks.

Powell says the U.S. will recover, but it will take time

Powell appeared to push back against the possibility of a so-called "V-shaped" rebound, noting it was "unlikely" the U.S. will bounce back to pre-crisis levels by the end of the year.  

In a "60 Minutes" interview with Scott Pelley on Sunday, Federal Reserve Chairman Jerome Powell predicted the economy would "decline substantially" in the second quarter, as much as four times compared to the previous year. 

The Trump administration's economic team is optimistic that a severe second-quarter slump due to coronavirus shutdowns will be followed by a rapid turnaround.

The Fed warned of major risks if the pandemic proves lengthy or more severe.

Before working for the Chicago Fed, Evans taught at the collegiate level.

The 63-year-old serves as the president and CEO of the Dallas Fed

From the beginning of March through early April, 19 percent of adults reported losing a job, being furloughed or having their hours reduced.

Trump touts an economic recovery, a stronger dollar and his hopes for negative interest rates.

She said getting people back to work is “a project that will last longer than just a few months.”

Kashkari serves as the president of the Federal Reserve Bank of Minneapolis.