Federal Reserve

Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed to stem surging prices.

Jerome Powell is expected to sail through the confirmation process to lead the Federal Reserve for another four years with broad bipartisan support, but that didn't stop lawmakers from tearing into the central banker over everything from soaring inflation to a string of trading scandals at the central bank.

The Fed missed the mark on inflation, and Chairman Powell is vowing to do better this year if he gets cleared for a second term.

The Federal Reserve will likely raise interest rates four times this year and will begin reducing its balance sheet by July as it confronts an inflation surge that has been higher and longer-lasting than policymakers initially predicted, according to Goldman Sachs analysts.

Federal Reserve Vice Chairman Richard Clarida said he would resign from the central bank on Friday, two weeks before his term on the central bank’s board is set to end.

Sen. Elizabeth Warren called on the Federal Reserve in a Monday letter to release more information about financial trades made by several top officials at the onset of the coronavirus pandemic, when the central bank was pumping trillions of dollars into the U.S. economy.

The Fed is considering moving up its timeline for interest rate hikes, according to the December meeting minutes.

Americans' inflation fears held steady for the first time in months in December, although concerns over rising prices remained at a record high, according to a key Federal Reserve Bank of New York survey published Monday.

Americans' inflation fears accelerated again in November, climbing for the 13th consecutive month to a new record high, according to a key Federal Reserve Bank of New York survey published Monday.

Stock investors got a sharp reminder that higher interest rates are coming. How fast and how high remains the wildcard.

The December jobs report is projected to show that hiring bounced back last month before the rapid spread of the new omicron coronavirus variant cast a fresh threat over the economy and its recovery from the pandemic.

St. Louis Federal Reserve President James Bullard said Thursday that he sees an initial interest rate increase happening as soon as March as the U.S. central bank seeks to quell the hottest inflation in four decades.

Independent Advisor Alliance CIO Chris Zaccarelli on how inflation impacts Federal Reserve policy.

Most Federal Reserve officials agreed last month that surging inflation and a rapidly recovering labor market could warrant a faster-than-expected interest rate hike as policymakers seek to wind down pandemic-era support for the U.S. economy.

Arthur Laffer Jr. warns the Fed will wait until the inflation "fire's going on" before correcting it.

With the S&P 500, the broadest measure of the U.S. stock market, sitting at a record high, strategists are cautiously optimistic about 2022, but there are a fair amount of wildcards.

Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.

Consumer confidence marched higher even with the COVID chaos and rising inflation.

Federal Reserve Chairman Jerome Powell is entering 2022 with the American economy on shaky ground, teeing up a challenging year for the U.S. central bank as it accelerates its withdrawal of support, all while navigating the ever-changing landscape of the coronavirus pandemic.

The Federal Reserve may need to get more radical says Larry Summers.