Federal Reserve

U.S. stocks are mixed Wednesday morning as investors look for safety following a drop in retail sales last month.

The Federal Reserve is raising its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy.

The Federal Reserve is raising its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy.

After voting to raise short-term interest rates by a quarter percentage point on Wednesday, the Federal Reserve raised more questions than answers for Wall Street, says former Federal Reserve Bank of Atlanta President Dennis Lockhart.

After voting to raise short-term interest rates by a quarter percentage point on Wednesday, the Federal Reserve raised more questions than answers for Wall Street, says former Federal Reserve Bank of Atlanta President Dennis Lockhart.

A slide in technology stocks pulled down the Nasdaq Composite on Wednesday and the S&P 500 ended slightly lower, as investors worried about the pace of economic growth after weaker-than-expected inflation numbers and an interest rate hike from the Federal Reserve.

A slide in technology stocks pulled down the Nasdaq Composite on Wednesday and the S&P 500 ended slightly lower, as investors worried about the pace of economic growth after weaker-than-expected inflation numbers and an interest rate hike from the Federal Reserve.

The Federal Reserve on Wednesday raised the short-term federal funds rate and maintained its forecast for at least one more rate rise in 2017 with plans to begin shrinking its balance sheet later this year.

The Federal Reserve on Wednesday raised the short-term federal funds rate and maintained its forecast for at least one more rate rise in 2017 with plans to begin shrinking its balance sheet later this year.

Fed Chair Janet Yellen will discuss the state of the U.S. economy following Wednesday's rate hike.

Fed Chair Janet Yellen will discuss the state of the U.S. economy following Wednesday's rate hike.

Credit card holders will soon pay more.

Credit card holders will soon pay more.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:35 a.m.

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

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

Federal Reserve raises key interest rate and unveils plans to start trimming bond holdings.

Federal Reserve raises key interest rate and unveils plans to start trimming bond holdings.

Asian stocks were lower Wednesday following Wall Street's tech-driven rise as investors waited for word from the U.S. Federal Reserve on a possible interest rate hike.

Selection process to nominate the next leader of the Federal Reserve to begin soon.