Federal Reserve

San Francisco Federal Reserve Bank President John Williams said on Tuesday the U.S. central bank should raise interest rates three or four times this year, and begin to trim the Fed's multitrillion-dollar balance sheet in late 2017.

Federal Reserve Chair Janet Yellen said Monday that the central bank is close to achieving its goals on employment and inflation.

Federal Reserve Chair Janet Yellen said Monday that the central bank is close to achieving its goals on employment and inflation.

The Federal Reserve plans to raise U.S. interest rates gradually so as to sustain healthy growth without letting the economy overheat, Fed Chair Janet Yellen said on Monday.

The U.S. Federal Reserve could begin winding down its massive balance sheet sometime later this year in a shift that would make it less necessary to raise the official funds rate.

As the battered retail sector again bled jobs last month, U.S. hiring hit its slowest pace in ten months. But an unexpected drop in the unemployment rate coupled with continued wage growth pointed to a labor market that’s still tightening.

As the battered retail sector again bled jobs last month, U.S. hiring hit its slowest pace in ten months. But an unexpected drop in the unemployment rate coupled with continued wage growth pointed to a labor market that’s still tightening.

Alongside continued rate rises, the Federal Reserve is likely to begin trimming the $4.5 trillion in bonds on its balance sheet later this year, minutes from the central bank’s March meeting showed on Wednesday.

Alongside continued rate rises, the Federal Reserve is likely to begin trimming the $4.5 trillion in bonds on its balance sheet later this year, minutes from the central bank’s March meeting showed on Wednesday.

Sandwiches, the Fed and the Supreme Court; here’s what’s On Our Radar today.

Sandwiches, the Fed and the Supreme Court; here’s what’s On Our Radar today.

Federal Reserve Bank of Richmond President Jeffrey Lacker said he was stepping down effective Tuesday in a letter that revealed his involvement in an alleged 2012 leak of confidential Fed information.

Federal Reserve officials are zeroing in on a strategy to begin winding down their $4.5 trillion portfolio of mortgage and Treasury securities, possibly later this year, as part of their broader effort to drain reservoirs of stimulus out of the financial system.

Federal Reserve officials are zeroing in on a strategy to begin winding down their $4.5 trillion portfolio of mortgage and Treasury securities, possibly later this year, as part of their broader effort to drain reservoirs of stimulus out of the financial system.

St. Louis Fed President James Bullard believes that three more rate hikes would be “overkill” for the economy.

San Francisco Fed President John Williams said even though the economy shows “consistent” and “encouraging” signs, “housing still isn’t quite back.”

San Francisco Fed President John Williams said even though the economy shows “consistent” and “encouraging” signs, “housing still isn’t quite back.”

Chicago Fed President Charles Evans Wednesday left the door open to the Federal Reserve raising interest rates as many as four times this year, if the economy develops at a faster clip than expected.

One of the Federal Reserve's most consistent supporters of low interest rates on Wednesday said he is with the majority of his colleagues in supporting further rate hikes this year, given progress on the U.S. central bank's goals of full employment and stable inflation.

U.S. Federal Reserve Chair Janet Yellen said on Tuesday that investments in education and skills training are vital to address persistently high unemployment among lower-income and minority communities.