Fed’s Kaplan warns of ‘historic’ economic contraction, sees need for more stimulus
Unemployment could soar as high as 20 percent and end the year as high as 8 percent to 10 percent, the Dallas Fed president said.
Fed expands Main Street lending program to include bigger businesses
The U.S. central bank initially launched the lending program to help get money to small- and medium-sized businesses impacted by the coronavirus pandemic
Fed Chair Powell ready to toss small businesses another lifeline
Powell explains why the "Main Street Lending" program is critical to small businesses.
Interest rates steady during coronavirus pandemic: What it means for your wallet
The central bank cut rates to zero during two emergency sessions in March.
Fed's Powell says US economy 'may need more support' for recovery to be 'robust'
Policymakers vowed to use their "tools and act as appropriate to support the economy"
Fed pledges to keep interest rates near zero until coronavirus-battered economy recovers
The central bank has used its full firepower to insulate the economy from the coronavirus pandemic.
Federal Reserve likely to pledge support for ailing economy
The Fed's policy statement comes out at 2 p.m. Eastern
Stock futures rise as oil rallies
Boeing and Microsoft will report earnings on Wednesday
Coronavirus could cancel central bankers' Jackson Hole conference
The symposium has been held there since 1982.
Stock futures trade higher as oil decline continues
Four Dow members will report earnings Tuesday
Questions swirl as Fed meets amid deepening economic crisis
Policymakers will meet Tuesday and Wednesday
Fed eliminates transfer limit on monthly withdrawals from savings accounts
The coronavirus pandemic has made access "more urgent," the Fed said.
U.S. bailout watchdog vows to scrutinize share buybacks, dividends
An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the cash, including for share buybacks, dividends and staff compensation.
Fed's Kashkari says Trump's plan to reopen economy makes sense
Trump presented guidelines on Thursday for U.S. states to emerge from a shutdown in three stages
Fed's Bostic says U.S. small business may need up to $500 billion monthly in support
U.S. small businesses may need up to $500 billion a month to ensure their survival through the coronavirus crisis, the head of the Atlanta Federal Reserve Bank said on Thursday as Fed officials voiced concern over the speed and breadth of the country's fiscal response to an unprecedented economic slowdown.
Gold targets 'higher highs' as coronavirus fight saps US dollar strength
“What gold is telling you is that down the road, past June, they're looking for inflation,” says George Gero, managing director at RBC Global Wealth Management.
Big banks should prepare for coronavirus downturn by raising $200B in capital: Fed's Kashkari
In an op-ed, Minneapolis Federal Reserve Bank President, Neel Kashkari, said that raising that amount from private investors today would ensure that large banks can support the economy over a broad range of virus scenarios.
Fed notes what most Americans see: A sharp economic downturn
Coronavirus pushes Fed's Beige to deliver grim economic snapshot.
Fed officials see risks in reopening economy too soon, but acknowledge need to move
Officials call for for near- universal testing and fuller fiscal backstops
Fed's Bullard says coronavirus shutdown costs US up to $25B daily in lost output
Widespread testing or other ways to mitigate risk, even business by business or school by school, are key to reopening the economy, he said.