Fed's Evans says he's optimistic on inflation, wants rate hikes
The Fed next meets to set policy in June.
Powell says Fed expects to stick with gradual rate hikes
Federal Reserve Chairman Jerome Powell is painting a mostly sunny view of the U.S. economy and saying the Fed remains committed to raising its key interest rate gradually.
Fed’s Powell says rate hikes needed to keep US economy growing
Powell reiterated his view that the U.S. economy is strong, despite sluggish wage growth and inflation that remains below the Fed’s 2% objective.
Yellen gets post-Fed payday in private meetings with Wall St. elite
Former Fed Chair Janet Yellen spoke at her first private engagement since leaving the Fed.
Williams picked as next president of New York Fed
John Williams, currently head of the Federal Reserve's regional bank in San Francisco, has been selected to be the next president of the Fed's New York regional bank, considered the most influential position among the central bank's 12 regional banks.
John Williams tapped to head New York Fed
Williams is set to assume the second most influential position with the U.S. central banking system.
San Francisco Fed's John Williams is front runner to serve as New York Fed president
Mr. Williams has been recommended by the New York Fed's board for the position. If approved by the Washington-based Fed board of governors, Mr. Williams would succeed William Dudley, who plans to step down this summer.
Asian shares slump on fears of trade war between US, China
Stocks are sinking and bond prices are climbing as trade tensions between the U.S. and China rise.
The Latest: Pound stays strong after UK rate hike hint
The Latest on the Bank of England's monetary policy meeting (all times local): 12:05 p.m.
Global stocks slide amid trade tensions, Fed rate hike
Shares were mixed in Asia on Thursday after U.S. stock indexes finished with small losses following the Federal Reserve's interest rate hike.
Fed raises key rate and foresees 2 more hikes this year
The Federal Reserve is raising its benchmark interest rate and signaling that it is sticking with a gradual approach to rate hikes under its new chairman, Jerome Powell.
Fed will hike rates four times in 2018: economist
Another expert said Jerome Powell was cautiously hawkish.
Business Highlights
___ Facebook's Zuckerberg admits mistakes, outlines fixes NEW YORK (AP) — Facebook CEO Mark Zuckerberg is admitting mistakes and outlining steps to protect user data in light of privacy scandal involving a Trump-connected data-mining firm.
Fed’s Powell optimistic on economy, cites trade as new risk
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.
The Latest: Powell's press briefing shorter than Yellen's
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.
Text of the Fed's statement after its meeting Wednesday
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.
Fed hikes interest rates, sets three increases for 2019
The central bank plans to raise rates three times in 2019, up from two hikes.
Powell fields questions on yield curve and jobs
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
Federal Reserve boosts key interest rate by quarter-point and sticks with projection of 3 hikes this year.
World shares waver as investors await Fed decision on rates
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.