Federal Reserve

U.S. equity futures are trading lower ahead of the Thursday trading session on Wall Street.

During its June policy-setting meeting, the Federal Reserve inched closer toward a discussion over when to start curtailing its massive monetary support for the U.S. economy amid signs of a rapidly strengthening recovery and an unexpectedly large jump in inflation.

Stocks rallied to record highs Wednesday as investors took solace in the minutes from the latest Federal Reserve policy meeting which indicated the central bank was in no hurry to raise rates.

The Federal Reserve is edging closer to unwinding some of the ultra-easy policy measures put in place during the Covid-19 pandemic in order to keep the U.S. economy afloat amid an unexpectedly large spike in inflation.

U.S. equity futures are trading higher ahead of Wednesday's opening bell on Wall Street.

Treasury Secretary Janet Yellen will also head overseas to push for a minimum global tax and outline the administration's priorities on climate change and the economic recovery

Coinbase CEO Brian Armstrong met with Federal Reserve Chairman Jerome Powell in May.

Sen. Patrick Toomey (R., Pa.) accused the Atlanta, Boston, Minneapolis and San Francisco Fed banks of ignoring his requests for information about their work on racial economic justice and climate issues.

A recent burst of inflation could prove more long-lasting than expected as the surging U.S. economy faces widespread bottlenecks that have severely disrupted the global supply chain, a Fed official said on Thursday.

The coronavirus pandemic plunged Americans into recession. Instead of emerging poorer, many came out ahead.

The S&P 500 rallied to a record high Friday as investors grappled with the hottest annual reading of the Federal Reserve's preferred inflation measure in nearly 30 years.

Mortgage rates have climbed past 3% for the first time in over two months, according to Freddie Mac.

The Federal Reserve has blessed the nation's largest banks with a clean bill of health paving the way for a flood of dividends and buybacks.

Durable Goods pop fueled by transportation purchases after two straight monthly declines.

Passing the Fed's stress tests will allow big banks to unleash billions to buy back stock and boost dividends.

Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank will not raise interest rates from rock-bottom levels too quickly due to recent inflation fears, reiterating policymakers' commitment to a "broad and inclusive" job-market recovery.

Federal Reserve Chairman Jerome Powell is slated to tell lawmakers on Capitol Hill that while inflation has risen "noticeably" in recent months, the U.S. economy has shown "sustained improvement" from the coronavirus pandemic.

The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing.

Financial regulators assured President Joe Biden on Monday that the U.S. financial system is in good shape and that financial risks are being mitigated by strong liquidity in the banking system, the White House said.

U.S. equity markets soared Monday with the Dow Jones Industrial Average snapping its five-day losing streak and bouncing back from its worst week since October.