All news on the topic: The Federal Reserve

Thursday’s report represents the final U.S. inflation figures before the Nov. 8 midterm elections after a campaign season in which spiking prices have fueled public anxiety.

Powell spoke more candidly than before about the economic risks of hiking interest rates in order to reduce inflation.

Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused investors to reconsider the prices they’re willing to pay for a wide range of stocks.

Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan.

Economists believe that the 1.4% drop in gross domestic product for the quarter, marking the first contraction since the pandemic began in 2020, is probably not an indication of an impending recession

Unemployment claims decreased by 15,000 to reach 214,000 for the week ending March 12, a decline from the 229,000 recorded the previous week

Raskin had previously been confirmed by the Senate with full support twice, yet this didn't sway Republican senators, who opposed her nomination

Many people agree with Sarah Bloom Raskin's perspective that climate change presents significant financial threats. However, this view is not commonly held among leading Republican donors within the oil sector

Pat Toomey, the leading Republican on the banking committee, has been particularly vocal in his criticism of Sarah Bloom Raskin and her views on climate change

If confirmed by the Senate, Cook would be the first Black woman on the Fed’s board of governors.

Stocks notched modest gains after climbing back from a steep slide that had knocked more than 1,200 points off the Dow Jones Industrial Average.

On Monday, President Joe Biden nominated Federal Reserve Chair Jerome Powell for a second four-year term