Federal Reserve

The Dow and S&P 500 will head into Friday's session at record highs, after remarks from Fed Chairman Ben Bernanke Wednesday.  Meanwhile, drivers can expect major pains at the pump this summer.

The president of the World Bank said it is watching for any spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise.

Data since the officials met in May has been mixed, but the central bank is expected to keep up its bond-buying program.

Obama hinted he may be looking for a new Fed chief, saying current Chairman Ben Bernanke has stayed a lot longer than planned.

Leaders of the Group of Eight industrialized nations are likely to discuss the role of central banks and monetary policy at a summit in next week.

Federal Reserve Chairman Ben Bernanke will deliver his semi-annual testimony to the U.S. Congress on July 17 and 18.

Federal Reserve Chairman Ben Bernanke will deliver his semi-annual testimony to the U.S. Congress on July 17 and 18.

The president of the Dallas Federal Reserve Bank said the central bank is poised to evaluate and potentially make changes to its monetary stimulus soon.

After flooding banks with cash, the OECD warns the central bank must now find a way to slowly tighten the money spigot without dealing a painful shock to the recovery. 

The Bank of Japan kept policy steady despite concerns over recent volatility in bond market, saying growth is starting to pick up.

The Richmond Fed president said an improving housing market suggests it is time for the central bank to stop aiming its stimulus at the sector.

With the U.S. inflation rate about half of the Federal Reserve's 2.0% target, the central bank is facing a major test.

Signs of economic weakness may shift the Federal Reserve's debate from ending its quantitative easing program toward a discussion about doing more.

The European Central Bank cut interest rates 0.25-percentage point to 0.5%, the lowest level on record, to help prop up the eurozone’s ailing economy.

The European Central Bank cut interest rates 0.25-percentage point to 0.5%, the lowest level on record, to help prop up the eurozone’s ailing economy.

Global policymakers will discuss the impact of unprecedented monetary policy easing on the world economy at meetings in Washington this week.

A top Federal Reserve official outlined how the central bank should reduce its swelled balance sheet to a more normal size in the years ahead.

The head of the Federal Reserve Bank of Atlanta would not rule out lowering the amount of bonds the U.S. central bank is buying by this summer.

Japan's central bank unleashed a $1.4 trillion, open-ended asset program Thursday as Tokyo looks to jumpstart the economy after decades of stagnation. 

The Bank of England opted not to pump new money into Britain's stagnant economy, despite a new remit that gives it clearer leeway to disregard above-target inflation.