Federal Reserve

Jerome Powell says that if confirmed as the next chairman of the Federal Reserve, he expects the central bank to continue raising interest rates gradually to support the Fed's twin goals of maximum employment and stable prices.

Jerome Powell's confirmation to be chairman of the Federal Reserve is considered all but certain.

Federal Reserve Chairwoman Janet Yellen said Monday she would resign as a member of the Fed's board of governors once her successor as chairman has been sworn in.

Federal Reserve governor Jerome Powell heads to Capitol Hill on Tuesday and his confirmation hearings may surprise you.

Stocks in Shanghai fell sharply but in rest of Asia, markets were calm Thursday after the Fed minutes largely met investor expectations that it will soon raise interest rates for a third time next month.

U.S. stocks pared some of their gains on Monday after Federal Reserve Chair Janet Yellen painted a mostly positive picture of the economy and said interest rates were still on their way, but was less specific on the timing.

U.S. Citizens are more wealthy thanks to rising home prices.

Last Friday’s jobs report released by the Labor Department fell well below Wall Street’s expectations.

Markets across the globe kicked off what’s likely to be a volatile 10-day period on a risk-averse note as investors ditched risky equity positions in favor of safe-haven assets.

The U.S. Federal Reserve will wait until the fourth quarter before raising interest rates, likely in December after the presidential election, according to a Reuters poll which once again showed subdued inflation expectations.

The U.S. Federal Reserve will wait until the fourth quarter before raising interest rates, likely in December after the presidential election, according to a Reuters poll which once again showed subdued inflation expectations.

The Fed will likely set the near-term tone for treasuries.

As the U.S. consumer gained confidence in the second quarter of 2016, data from the Commerce Department released Friday showed businesses sentiment didn’t quite keep up.

Federal Reserve Chair Janet Yellen said on Tuesday that while the federal government has made “great progress” on ending too-big-to-fail institutions, the issue is not a black and white one.

With the Thanksgiving holiday approaching, U.S. stocks are little changed Wednesday morning after they finished at all-time highs the day before.

A global stock market sell-off pulled shares lower in Asia on Wednesday as investors grew cautious following losses on Wall Street sparked by a delayed health care vote.

The battered British pound rose sharply after the head of the Bank of England made remarks that could be seen as bringing an interest-rate increase closer.

Official figures show that inflation across the 19-country eurozone fell to its lowest level this year as energy prices came off the boil.

The Federal Reserve says it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.

Federal Reserve Chairwoman Janet Yellen heads to Capitol Hill on Wednesday to address the House Financial Services Committee in her twice-yearly Humphrey Hawkins testimony and to take questions from lawmakers.