Federal Reserve

U.S. economy hums along, still few signs of pickup in inflation

The U.S. economy expanded at a modest to moderate pace in September through early October despite the impact of hurricanes on some regions, the Federal Reserve said in its latest snapshot of the U.S. economy released on Wednesday, but there were still few signs of an acceleration in inflation.

Administration does not brand China currency manipulator

The Trump administration has once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office.

Administration does not brand China currency manipulator

The Trump administration has once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office.

Fed's Rosengren sees three to four rate hikes next year

The Federal Reserve will probably need to raise interest rates in December and then three of four times "over the course of next year," assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said.

White House steps up review of Federal Reserve chairman candidates

President Donald Trump’s administration is continuing to turn their attention to making a decision on who will be the next chairman of the Federal Reserve, including Vice President Mike Pence, who met with three free market economists at the White House on Wednesday to discuss the candidates that could replace Janet Yellen.

White House steps up review of Federal Reserve chairman candidates

President Donald Trump’s administration is continuing to turn their attention to making a decision on who will be the next chairman of the Federal Reserve, including Vice President Mike Pence, who met with three free market economists at the White House on Wednesday to discuss the candidates that could replace Janet Yellen.

Fed divide on inflation intensified at September policy meeting

Federal Reserve policymakers had a prolonged debate about the prospects of a pickup in inflation and slowing the path of future interest rate rises if it did not, according to the minutes of the U.S. central bank's last policy meeting on Sept. 19-20 released on Wednesday.

Fed divide on inflation intensified at September policy meeting

Federal Reserve policymakers had a prolonged debate about the prospects of a pickup in inflation and slowing the path of future interest rate rises if it did not, according to the minutes of the U.S. central bank's last policy meeting on Sept. 19-20 released on Wednesday.

Fed's Evans hints new rate hike this year isn't a given

Federal Reserve Bank of Chicago President Charles Evans said Wednesday there was room for an "honest discussion" later in 2017 on whether it was the right time to raise interest rates--suggesting another hike by year-end wasn't a done deal.

Fed's Rosengren: Rate rises key to keep economy from overheating

Federal Reserve Bank of Boston President Eric Rosengren said Saturday additional interest-rate rises are needed to keep the economy on track, while warning that Fed officials need to make policy with an eye on longer-term issues over short-term data fluctuations.