Federal Reserve

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At the conclusion of his first two-day meeting as chair of the Federal Reserve, Jerome Powell discussed the FOMC's optimism about strengthening economic indicators despite new potential headwinds.

Investors are cautious as they await the outcome of the U.S. Federal Reserve's first meeting under its new chairman, Jerome Powell, and his subsequent news conference.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate.

The central bank plans to raise rates three times in 2019, up from two hikes.

The new central bank chief also commented on the strength of the economy and projections for future rate increases 

Federal Reserve boosts key interest rate by quarter-point and sticks with projection of 3 hikes this year.

Asian shares were mixed on Wednesday as some markets erased earlier gains ahead of the Federal Reserve's first meeting since the appointment of its new chair, Jerome Powell.

Investors were closely watching Fed Chair Jerome Powell's first press conference.

A fourth rate hike in 2018 could throw the market a curveball.

Federal Reserve officials are meeting this week for the first time under their new chairman, Jerome Powell, whose news conference to follow is stirring high anticipation.

A look at some of the key business events and economic indicators upcoming this week: THE FED SPEAKS The Federal Reserve is scheduled to deliver an update on interest rates and the economy on Wednesday.

Federal Reserve officials meeting this week will weigh whether they will need to raise interest rates more aggressively in coming years because of recent tax cuts and government-spending increases.

Bullish stock investors have never done this before.

U.S. regulators are preparing sanctions against Wells Fargo after learning the bank received commissions on auto insurance policies that were fraudulently applied to drivers when they took out car loans.

Wells Fargo’s board of directors said the company achieved “solid financial performance” under Sloan in 2017 and touted his “continued leadership” on addressing its current issues.

European Central Bank head Mario Draghi says that the eurozone economy still faces "risks and uncertainties" despite stronger growth, and has cautioned that the bank needs to see an accompanying upward trend in inflation before it can end its bond-purchase stimulus.

The former ExxonMobil CEO was an “exquisite” secretary of state, the founder of the discount broker says.

Rising interest rates create a “very fragile situation,” according to Harvard Economics Professor Marty Feldstein.

The past week's stock market price action was as chaotic as the fast-moving narratives it followed, and that's likely to continue.