Federal Reserve

Janet Yellen's Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal than others.

Janet Yellen's Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal than others.

U.S. stocks marched higher on Thursday, with the Nasdaq hitting a record intraday high, as investors cheered the Federal Reserve's decision to not raise interest rates.

U.S. stocks marched higher on Thursday, with the Nasdaq hitting a record intraday high, as investors cheered the Federal Reserve's decision to not raise interest rates.

David Stockman, author of the book Trumped and former Office of Management and Budget director, said the Federal Reserve has taken over the financial system and a full house cleaning of its officials are in order.

The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end.

The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end.

The latest on the U.S. Federal Reserve's monetary policy meeting, which ended at 2 p.m. with the release of a policy statement, followed by a news conference by Chair Janet Yellen (all times are Eastern): ___ 3:05 p.m.

The latest on the U.S. Federal Reserve's monetary policy meeting, which ended at 2 p.m. with the release of a policy statement, followed by a news conference by Chair Janet Yellen (all times are Eastern): ___ 3:05 p.m.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of 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 July indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year.

The U.S. Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further.

The U.S. Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further.

Wall Street gained on Wednesday after the U.S. Federal Reserve's decision to leave interest rates unchanged.

Wall Street gained on Wednesday after the U.S. Federal Reserve's decision to leave interest rates unchanged.

Future rate hikes by the Federal Reserve may come faster than many expect.

Future rate hikes by the Federal Reserve may come faster than many expect.

Today’s the day!

Today’s the day!

The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday, but could signal an increased likelihood of a hike by the end of the year.