Federal Reserve

Federal Reserve Chair Janet Yellen has met with a group of conservative activists who are unhappy with the central bank's conduct of interest-rate policies.

All times are Eastern MONDAY, March 2 WASHINGTON — Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.

U.S. financial markets drifted in morning trading Thursday, with energy stocks among the biggest decliners as crude oil prices fell.

Over two days of testimony to Congress, Federal Reserve Chair Janet Yellen was grilled on everything from the direction of interest rates to the health of the economy to "Audit the Fed" legislation supported by Republicans.

U.S. financial markets eased back from record highs in early trading Wednesday.

Federal Reserve Chair Janet Yellen has come under fire from House Republicans, who challenged the central bank's independence in her second day of testimony to Congress.

World stocks were mostly higher and the dollar strengthened Tuesday as investors awaited remarks from U.S. Federal Reserve Chair Janet Yellen and the Greek government prepared to unveil reforms aimed at winning final approval for extended rescue loans.

U.S. stocks were drifting between small gains and losses in early trading Tuesday, as investors monitored the latest batch of corporate earnings and economic news.

After winning praise for how she handled her first year as head of the Federal Reserve, Janet Yellen is facing a tougher challenge this year.

After years of sounding reassuring notes about the need to keep interest rates at record lows, the Federal Reserve is finding the shift to an era of pending rate hikes a tricky and complicated one.

A delegation of U.S. lawmakers say a bipartisan congressional agreement on granting President Barack Obama trade promotion authority for a pan-Pacific trade deal is likely this spring.

US stocks opened lower on Wednesday, pulling back from record levels.

Federal Reserve policymakers do not appear ready to start raising interest rates anytime soon, with officials expressing concerns about inflation and lingering problems in the labor market.

Minutes to the Bank of England's last meeting show policymakers voted unanimously to keep interest rates at record lows and to refrain from pumping more money into the British economy.

U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work.

Denmark's central bank has decided to cut its interest rate on certificates of deposit by 0.15 percentage points to -0.5 percent to keep the krone currency stable against the euro.

Asian stock markets sank Thursday after plunging oil prices and the Federal Reserve's reminder it is still on track to raise interest rates this year led to a dismal day on Wall Street.

A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting December 16-17: INTEREST RATES: Now: The Fed has dropped any reference to waiting a "considerable time" before raising rates: "Based on its current assessment, the (Fed) judges that it can be patient in beginning to normalize the stance of monetary policy." Then: "Based on its current assessment, the (Fed) judges that it can be patient in beginning to normalize the stance of monetary policy.

Global stocks drifted Wednesday after weak earnings from several U.S. companies added to global growth concerns as investors waited for the U.S. Federal Reserve's latest statement on monetary policy.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace.