Federal Reserve

A Federal Reserve meeting, another second quarter GDP number and lots more earnings highlight next week’s economic calendar.

The Federal Reserve on Monday approved large surcharges on some of the biggest U.S. banks in an effort to offset risk and reduce the likelihood of another financial crisis similar to the one that threatened the global economy in 2008.

Federal Reserve Chairwoman said Thursday raising interest rates too soon could threaten the ongoing recovery.

 House of Representatives Financial Services Committee Chairman Jeb Hensarling (R-Texas) said the Federal Reserve is "not above the law."

Prices for the producers of goods and services rose modestly in June, a sign that broader inflation is being kept in check.

A disappointing retail sales report suggests the economy may be dragging its feet again after signs of perking up. The main culprit cited by economists for the lingering uncertainty among consumers is labor market 'slack.'  

If history repeats itself, most of the committee members will prod Yellen for clues as to the timing of an interest rate hike.

Federal Reserve Chair Janet Yellen said Friday that a rate hike is still likely before the end of the year despite recent global economic turmoil.

Investors will have their hands full next week digesting news out Greece, testimony from Federal Reserve Chair Janet Yellen and bank earnings reports.      

The Federal Reserve "would be wise to act modestly but act now," said Kansas City Fed President Esther George regarding an interest rate hike. George is among a handful of influential inflation hawks who believe historically low interest rates will eventually lead to dangerous asset bubbles and runaway inflation.    

Once again, the U.S.'s total net worth has risen to record setting numbers. Take a look at the latest numbers from the Federal Reserve

Consumers are finally seeing bigger paychecks, and it's lifting the entire economy.

The news keeps getting better and the “data dependent” Federal Reserve is definitely paying attention.

The Federal Open Market Committee maintained near-zero interest rates, but did not directly suggest when it might raise interest rates. 

New York state business conditions in June are contracting for the second time in three months, according to data released Monday.

The Fed begins its two-day policy setting meeting Tuesday, and a majority of the FOMC have expressed that interest rates will likely move higher in 2015.

In its Beige Book report, the central bank said the economy should grow at a modest to moderate pace.

On Friday, the government is expected to revise downward its estimate of first-quarter economic growth from a rate of 0.2% to a contraction of 0.8% -- raising questions about whether the cause is temporary or a result of underlying growth problems.

When the Federal Reserve raises U.S. interest rates for the first time in nearly a decade, it should weigh the effects on global economies and can expect some bouts of financial market volatility, a top Fed official said on Tuesday.

April meeting minutes show the Fed’s policy-setting committee discussed strategies for normalizing monetary policy after the first interest-rate hike.