Federal Reserve

Strong U.S. jobs report seen in July; wages likely rose

U.S. employers likely maintained a strong pace of hiring in July while raising wages for workers, signs of labor market tightness that could clear the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio

Trump to begin reshaping the Fed with an eye on small banks

After the Fed’s earlier unanimous decision to monitor inflation “closely” and begin to unwind their balance sheet “relatively soon” President Donald Trump is making strides in his intent to loosen bank financial regulations.

Trump to begin reshaping the Fed with an eye on small banks

After the Fed’s earlier unanimous decision to monitor inflation “closely” and begin to unwind their balance sheet “relatively soon” President Donald Trump is making strides in his intent to loosen bank financial regulations.

Trump choice for Fed could prove to be key friend for banks

President Donald Trump's choice of a key player in his drive to scale back financial rules would likely push to relax regulations on community banks, ease restrictions on some speculative trading and soften annual tests of big banks' health.

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year.