Economy Mar 23

The Fed's announcement Monday removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the viral outbreak.

Economy Mar 20

The Federal Reserve has moved with unprecedented force and speed to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.

Economy Mar 18

Across the country, in industries of every kind and size, the coronavirus outbreak has devastated small businesses.

Economy Mar 17

The Federal Reserve has put in motion two emergency lending programs that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.

Economy Mar 15

The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the…

Nation Mar 06

If employers were to start slashing jobs as a consequence of the virius, it could significantly escalate the economic damage.

Economy Feb 28

Federal Reserve Chairman Jerome Powell pledged Friday that the Fed will "use our tools" to support the economy, an effort to ease fears and a strong signal of a likely rate cut, perhaps at its next meeting March 17-18.

Economy Feb 14

Ultra-low rates have helped push up stock markets to record highs, as vanishing returns on safe assets lead to a search for returns elsewhere.

Politics Feb 13

One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.

Economy Feb 07

The unemployment rate rose to 3.6% because a half-million people streamed into the job market in January.