Federal Reserve

Mexican authorities say that the country recorded 6.77 percent inflation in 2017, more than double its 3-percent target and a 17-year high.

The Federal Reserve should only as a last resort adjust interest rates to deal with financial instabilities thought to imperil the U.S. economy, and instead rely primarily on regulations and supervision, a top Fed official said on Saturday.

Newly released transcripts show sharp divisions inside the Federal Reserve in 2012 over the need for a third round of bond purchases to boost a lagging economy.

SAN FRANCISCO/WASHINGTON, Jan 5 (Reuters) - Jerome Powell, President Donald Trump's pick to lead the U.S. central bank starting next month, backed the Federal Reserve's third bond-buying program only reluctantly, transcripts from the Fed's 2012 policy meetings show.

Federal Reserve officials were hopeful last month that the major tax overhaul taking effect this year will boost the economy.

U.S. short-term interest-rate futures fell slightly on Wednesday after minutes from the Federal Reserve’s December meeting suggested policymakers were by and large confident that they will need to raise rates further this year.

Federal Reserve officials debated whether new tax cuts approved by Congress would require them to raise short-term interest rates faster this year, after lifting them three times last year.

Tax reform and inflation were likely hot topics at the Fed's last meeting.

Inflation is expected to rise in the coming months, so it is prime time to re-evaluate your investment portfolio.

Larry Lindsey is being considered for the role of U.S. Federal Reserve Vice Chair, CNBC reported on Thursday.

One of Wall Street's traditional warning signs for a recession is flashing yellow, and nobody seems to care.

Japan's central bank has opted to keep its ultra-lax monetary policy unchanged.

One of the Fed's newest members won't be weighing in on the problems at Wells Fargo.

Mexico's central bank is raising its benchmark interest rate a quarter point to 7.25 percent to try to rein in inflation that continues to outpace targets.

With the eurozone economy showing strong growth, the European Central Bank left its interest rates and stimulus measures unchanged Thursday as it looks ahead to the delicate matter of ending its bond-purchase program next year.

The Latest on the European Central Bank's monetary policy meeting (all times local): 2:55 p.m.

Asian stocks were mostly lower Thursday after the Fed raised rates again as expected, followed by similar moves in China and Hong Kong that dampened investor sentiment.

European Central Bank leaves interest rates and bond-purchase stimulus levels unchanged.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:50 a.m.

U.S. stocks edged higher in early trading Wednesday ahead of an expected interest rate hike from the Federal Reserve.