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A second Powell term will make economy run ‘hotter,’ expert says. Here’s what that means
President Joe Biden nominated Jay Powell for a second term as Federal Reserve chairman Monday. While U.S. job growth has been better than expected, inflation is at its highest in decades. Both are concerns Powell, and Lael Brainard as vice…
Boston Fed’s Eric Rosengren to retire early citing health reasons
Rosengren's announcement also comes after investments by him and other Fed officials last year have raised questions about the Fed's ethics rules.
WATCH: Fed chair Jerome Powell discusses economy
The Federal Reserve said it will keep buying government bonds until the economy makes "substantial" progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
Fed chief struggles to manage a wild card: Trump trade wars
After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve.
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening.
Is the latest pickup in U.S. economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an explosive boom that will reward Americans?…
As the economy has returned to normal following the financial crisis and the unusually steep recession that it triggered, the Federal Reserve now represents its intended course as “normalizing” monetary policy. Harvard's Ben Friedman explains what the Fed means by…
Federal Reserve Chair Janet Yellen pointed Tuesday to a solid U.S. job market and economy and said the Fed will likely resume raising interest rates in the next few months.
The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane…
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