Federal Reserve

Fed's Bullard: U.S. Needs More Growth, Not Stimulus

The United States needs a long-term economic plan including tax and education reform to revive growth, not rely on more monetary or fiscal stimulus for a short-term boost, St. Louis Fed President James Bullard said on Wednesday.

Fed Debated April Rate Hike

Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.

Week Ahead: Street Looks for Fed Clarity

After enduring several weeks of conflicting comments by Federal Reserve officials that whip-lashed the U.S. stock market, befuddled investors could get a dose of clarity next week on where the Fed stands on its path towards rate hikes.

March Jobs Report Gives Fed More Room to Wait

No April Fool's: The labor market has so far proved to be resilient in the face of a rough first quarter, but a lack of significant wage growth likely gives the central bank reason to wait on more rate hikes.

Markets Extend Yellen-Induced Rally

Positive momentum from Tuesday’s Janet Yellen-fueled market rally carried through to Wednesday as U.S. equities continued to move modestly higher.

Yellen Sends Stocks to Highest Level of 2016

Wall Street swung into positive territory on Tuesday after U.S. Federal Reserve Chair Janet Yellen said the central bank should proceed "cautiously" on raising interest rates.

Williams Urges Fed to Stay on Track with Rate Rises

The U.S. economy remains on track for a gradual path of interest rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday.

Dollar Rises, Fed's Yellen Speech in Focus

The U.S. dollar rose against a basket of currencies on Tuesday, as European investors returned from an Easter break, with the focus on a speech by Federal Reserve chair Janet Yellen who could lay the ground for interest rates hikes later this year.