Federal Reserve

President Joe Biden announced on Monday that he will nominate Federal Reserve Chairman Jerome Powell to serve a second term. Here's what that could mean for interest rates.

Vice President Kamala Harris voted against Jerome Powell’s first nomination to lead the Federal Reserve during her time in the Senate in 2018 -- a vote resurfacing as President Biden announced his intent to nominate him for a second term.

Wall Street is bracing for the Federal Reserve to raise interest rates from near-zero in June after President Biden on Monday picked Jerome Powell to lead the central bank for another four years.

FreedomWorks economist Stephen Moore argued on Monday, shortly after President Biden announced that he will nominate Jerome Powell to a second term as chairman of the Federal Reserve, that Lael Brainard “would have been a disaster” in the role.

President Biden has tapped the Fed's Jerome Powell and Lael Brainard for top roles.

President Biden will nominate Jerome Powell to a second term as chairman of the Federal Reserve, signaling that he believes the battle-tested central bank chief is the best person for one of the most high-stakes jobs in the world.

Harvard Economist Kenneth Rogoff discusses inflation, Biden’s Build Back Better agenda and the Federal Reserve.

Florida Bankers Association CEO Alex Sanchez discusses the fate of community banks under Biden’s to Treasury post nominee.

Rep. French Hill, R-Ark., discusses the Democrats support for “modern monetary theory” and its impact it will have on the country.

President Biden's announcement on his pick to chair the Federal Reserve for the next four years is "imminent," Senate Banking Chairman Sherrod Brown said Monday.

Soaring inflation is going to get worse and will have dire consequences for the U.S. economy, according to one economist.

FOX Business host Stuart Varney on inflation spiking as Congress aims to pass large spending bills.

American consumers are grappling with the fastest price increases in decades, with the cost of everything from cars to gasoline to food surging nationwide.

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

The IRS on Wednesday announced 2022 inflation adjustments for a slew of different tax provisions, including federal income brackets and the standard deduction, that reflect a months-long surge in consumer prices.

The Federal Reserve for months has taken a patient stance on hotter-than-expected inflation, reiterating frequently that a months-long surge in consumer prices is transitory and that raising interest rates too soon risks the U.S. from achieving full jobs recovery.

Job growth surged in October, surpassing expectations. With the Fed closely watching the labor market, here's what that means for interest rates.

Former Secretary of the Treasury Steven Mnuchin argued that it is time to hit the “pause button” on government spending to get “inflation under control.”

Federal Reserve Governor Randal Quarles announced Monday that he is stepping down from his post in December, leaving an additional seat open that will allow President Biden to further reshape the U.S. central bank.

St. Louis Fed President James Bullard pointed out that gross domestic product is “above pre-pandemic levels so we already fully recovered in that sense from the pandemic and the pandemic isn't even over yet.”