US GDP could sink over 40%: Atlanta Fed
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.
‘Significant' financial vulnerabilities amid coronavirus pandemic, Fed warns
The Fed warned of major risks if the pandemic proves lengthy or more severe.
Who is Chicago Fed President Charles Evans?
Before working for the Chicago Fed, Evans taught at the collegiate level.
Who is Dallas Fed President Robert Kaplan?
The 63-year-old serves as the president and CEO of the Dallas Fed
Coronavirus pandemic hit poorest Americans the hardest, Fed says
From the beginning of March through early April, 19 percent of adults reported losing a job, being furloughed or having their hours reduced.
Trump wants stronger dollar as coronavirus economic rebound takes hold
Trump touts an economic recovery, a stronger dollar and his hopes for negative interest rates.
Fed's Daly sees slow coronavirus recovery, need for more support
She said getting people back to work is “a project that will last longer than just a few months.”
Who is Minneapolis Fed President Neel Kashkari?
Kashkari serves as the president of the Federal Reserve Bank of Minneapolis.
Fed's Powell rules out negative interest rates, despite Trump pressure
Powell has pledged that interest rates will remain at the historically low level until the U.S. weathers the outbreak of the virus.
Fed's Powell says US economy may need more policy help to avoid 'prolonged recession'
Avoiding a prolonged recession may require additional policy measures, Powell said.
Powell, Trump and a negative interest rate tug of war
Fed Chair Powell will deliver a fresh update on the U.S. economy Wednesday.
What is the Federal Reserve’s balance sheet?
The Fed's balance sheet has become one of its most potent tools in addressing economic fallout from the coronavirus
US consumers' expectations deteriorate 'sharply' in April, Fed says
The survey is a monthly poll based on a rotating panel of 1,300 households.
Fed's Evan says easing coronavirus stay-at-home policies is a 'bold decision with pretty high risks'
The result of the mandated closures has been an economic free fall that experts caution could rival the Great Depression.
Fed’s Kashkari says ‘worst is yet to come’ for unemployment, urges Congress to provide more aid
Fed policymakers pledged that interest rates will remain near zero until the U.S. has weathered the crisis
No 'V-shape' return from devastating U.S. job loss, Fed policymakers say
Federal Reserve officials say Americans should not expect a quick return to economic growth
Despite coronavirus crisis, Fed says US banks still in good shape
Most large banks in the nation reported slightly lower common equity tier 1 ratios, a key measure of their financial strength.
Who is Jerome Powell?
Powell is a registered Republican and has sat on the Fed's Board of Governors since 2012.
Fed's Kashkari says US economy faces slow recovery from coronavirus until there's a vaccine
Even as states ease stay-at-home guidance, Kashkari said social distancing measures will continue to dampen the economy.
Consumer debt surged to $14.3T before worst of coronavirus crisis, Fed says
The balance is roughly $1.6 trillion higher than the peak during the 2008 financial crisis.