Federal Reserve

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

Fed leaves key interest rate unchanged, but hints at future hikes as economy shakes off hurricane impacts.

Fed leaves key interest rate unchanged, but hints at future hikes as economy shakes off hurricane impacts.

Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street.

Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street.

The Federal Reserve is expected to keep interest rates unchanged on Wednesday as speculation swirls on who will be its next leader, but the U.S. central bank will likely point to a firming economy as it edges closer to a possible rate rise next month.

The Federal Reserve is expected to keep interest rates unchanged on Wednesday as speculation swirls on who will be its next leader, but the U.S. central bank will likely point to a firming economy as it edges closer to a possible rate rise next month.

U.S. stock indexes held steady in early trading on Tuesday following strong earnings reports from the makers of Kellogg's cereals, Oreo cookies and others.

U.S. stock indexes held steady in early trading on Tuesday following strong earnings reports from the makers of Kellogg's cereals, Oreo cookies and others.

Shares were mostly lower Tuesday in Asia after markets retreated from their record highs overnight and China reported weak manufacturing data.

Shares were mostly lower Tuesday in Asia after markets retreated from their record highs overnight and China reported weak manufacturing data.

The Bank of England is on Thursday set to raise interest rates for the first time in a decade in order to keep a lid on inflation, a move that has the potential to hurt the British economy just as it struggles with the uncertainties of Brexit.

The Bank of England is on Thursday set to raise interest rates for the first time in a decade in order to keep a lid on inflation, a move that has the potential to hurt the British economy just as it struggles with the uncertainties of Brexit.

Stock markets around the world took a pause on Monday from their record-setting run ahead of a busy week for markets.

This week's Federal Reserve policy meeting is shaping up to be an afterthought next to that other imminent Fed event of the week: President Donald Trump's announcement of who will lead the central bank for the next four years.

Sources familiar with the discussions say Jerome Powell is in line to be the next Fed chair, and in appointing Powell, the administration would be getting someone who embodies from a policy standpoint all of what Trump believed were the key attributes of those candidates who have made his short list, these people add.

Sources familiar with the discussions say Jerome Powell is in line to be the next Fed chair, and in appointing Powell, the administration would be getting someone who embodies from a policy standpoint all of what Trump believed were the key attributes of those candidates who have made his short list, these people add.

U.S. President Donald Trump is expected to announce his choice to chair the Federal Reserve on Thursday, a White House official said on Monday.

U.S. President Donald Trump is expected to announce his choice to chair the Federal Reserve on Thursday, a White House official said on Monday.

After years of talking about improving the trade deficit, Trump’s short list of Federal Reserve Chair candidates suggests his administration is poised to make it larger.