Federal Reserve

Seven years ago the Fed slashed interest rates to near-zero hoping cheaper borrowing costs would lead the economy toward a strong recovery.

During the darkest days of the financial crisis, the Ben Bernanke-led Fed lowered rates to an unprecedented range to prevent another depression. It worked.

Atlanta Fed leader Dennis Lockhart on Monday expressed strong support for boosting short-term rates off near-zero levels, in one of the last statements from a Federal Reserve official before the central bank meets to decide monetary policy next week.

Federal Reserve Chair Janet Yellen on Thursday once again laid the groundwork for an interest rate hike later this month at the FOMC's policy-setting meeting, during testimony before Congress.

If, as expected, the November report, due out Friday, shows another healthy month of job and wage growth, the Fed will almost certainly raise rates later this month.

With the countdown to “liftoff” now at just two weeks, Federal Reserve officials are signaling all systems are go for the first rate hike in nearly a decade.

The U.S. labor market tightened modestly in recent weeks with some upward pressure on wages as employers found it difficult to fill jobs across skill levels.

It’s doubtful new rules approved by the Federal Reserve to limit the central bank’s ability to bail out floundering banks during the next financial crisis will be effective, skeptics say.

Federal Reserve Chair Janet Yellen argued for a cautious approach to raising rates in an unusual exchange with consumer advocate Ralph Nader.

Another day, another Federal Reserve official preparing the markets for a likely December rate hike. This time, it was St. Louis Fed President James Bullard who signaled a rate hike was coming 'soon.'

Two influential Federal Reserve policy makers on Thursday continued the drumbeat toward a potential December interest rate hike without explicitly setting a timetable.

Federal Reserve Chair Janet Yellen on Tuesday warned against proposed reforms that would give Congress more oversight of the central bank, saying the changes would politicize U.S. monetary policy.

A solid core of Federal Reserve officials rallied behind a possible December rate hike at the central bank's last policy meeting.

Dallas Federal Reserve President Rob Kaplan on Wednesday defended the central bank’s cautious approach toward raising interest rates, but suggested it may be time to start lifting.

If the Federal Reserve plans to raise interest rates in December, the terrorist attacks in Paris aren’t likely to alter those plans, analysts said Monday.  

Speeches Tuesday by two influential members of the Federal Reserve highlight the fault line that exists within the central bank.

During testimony on Capitol Hill, Federal Reserve Chair Janet Yellen on Wednesday said a December rate hike is still on the table.

The Federal Reserve on Wednesday in a move widely-expected voted to keep interest rates at their current near-zero level.

There’s almost no chance the Federal Reserve will raise interest rates at its meeting this week, but its statement will shed some light on when they will.

Deutsche Bank research shows many lower-income Americans are optimistic about their economic future, a factor that runs contrary to the widespread narrative.