Federal Reserve

The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession.

Former Atlanta Fed President Dennis Lockhart on Fed Chairwoman Janet Yellen’s last press conference and the decision to raise interest rates.

Fixed-income investor should prepare for 2018 being a key year for monetary normalization.

The Federal Reserve on Wednesday announced that it will raise interest rates by a quarter percentage point, a move that was widely expected by economists.

The latest on developments in financial markets (All times local): 9:35 a.m.

Fed Chair Janet Yellen hosted her final press briefing paving the way for Jerome Powell to take over.

The major U.S. stock indexes held higher on Wednesday after the Federal Reserve moved, as expected, to increase interest rates.

Fed boosts key interest rate for third time this year to range of 1.25 percent to 1.5 percent .

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

Brandywine Global portfolio manager Jack McIntyre argues three rate hikes in 2018 are better for the U.S. economy.

The U.S. Federal Reserve will be keeping a watchful eye on bitcoin and other cryptocurrencies, Fed chair nominee Jerome Powell said before Congress on Tuesday.

Asian stocks were mostly higher Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike.

On the day when Janet Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday: Raise its benchmark interest rate for the third time this year.

Wall Street continued to march higher on Tuesday, as bank stocks and Boeing helped push the Dow and S&P 500 to new records.

Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains.

U.S. stock indexes edged higher in early trading Monday as gains in technology and energy companies outweighed losses among makers of packaged foods and other consumer goods.

The latest on developments in financial markets (All times local): 9:35 a.m.

Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.

Incoming Federal Reserve chair Jerome Powell appears set to let an expected trillion=dollar tax cut run its course through the economy.