Federal Reserve

___ Fed leaves key rate unchanged at Yellen's final meeting WASHINGTON (AP) — The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

The U.S. economy will expand at a moderate pace, and the job market will remain strong, policy makers said. The fed funds rate stayed at 1.25% to 1.5%.

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

The Federal Reserve held short-term interest rates steady Wednesday and said it will continue along its path of gradual increases aimed at keeping the economy on track.

The Federal Reserve is expected to leave interest rates unchanged on Wednesday while signaling a gradual tightening of monetary policy later this year.

Car salesmen call it "the payment walk," when a customer wants a new vehicle but is walked instead to the used lot because they can't qualify for a new-car loan.

Tech giants to offer up earnings, while Fed meets for first time in 2018  The stock market is heading into its most exciting, and potentially most volatile, week of the new year as earnings season picks up the pace and the Federal Reserve convenes its first meeting of 2018.

A survey of German business confidence has matched its all-time high, providing more upbeat data ahead of the European Central Bank's policy meeting.

The Latest on the European Central Bank's monetary policy meeting (all times local): 1:45 p.m.

Malaysia's central bank has raised its key interest rate for the first time in four years ahead of general elections due by August.

It would seem like a pretty good time to take over as chairman of the Federal Reserve.

The U.S. Senate on Tuesday voted to confirm Jerome Powell as the next chairman of the Federal Reserve.

Wall Street legend Byron Wien talks market correction, the economy and interest rates.

The Bank of Japan has opted to keep intact its unprecedented monetary stimulus despite stronger than expected growth.

The White House is considering John Williams, the president of the Federal Reserve Bank of San Francisco, as a candidate to serve as the vice chairman of Federal Reserve Board in Washington, according to people familiar with the matter.

The Consumer Financial Protection Bureau doesn’t need any money from the Fed, according to Acting Director Mick Mulvaney's latest budget request.

Rising interest rates offer a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans.

One of the Federal Reserve's most influential members on Thursday offered a point-by-point critique of U.S. President Donald Trump's sweeping tax cuts, warning they put the country on an unsustainable fiscal path that will imperil the economy's stability down the road.

Top officials at the European Central Bank at their last meeting remained wary of prematurely signaling the next steps in an expected exit from their monetary stimulus polices.

Sub-par inflation over the past five years has cost the U.S. economy nearly $1 trillion in nominal growth, St. Louis Fed President James Bullard said on Wednesday as he fleshed out a proposal for a more dynamic system of setting price increase goals.