Fed officials: Stronger economy boosts chance for rate hikes
Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases.
Yellen disappointed not to get a second term as Fed chair
Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday.
Watch 2:49
What does Friday’s sweeping sell-off mean for Wall Street?
Stocks plunged on Friday over fears that the Federal Reserve will accelerate interest rate hikes. The sell-off was driven by news that the economy added a net of 200,000 jobs in January, with wages rising at the fastest pace in…
Watch 12:27
Yellen sees long-term growth as she leaves the Federal Reserve, despite bad day for the Dow
Outgoing Federal Reserve Chair Janet Yellen has seen economic growth and the longest job expansion on record on her watch. She sits down with Judy Woodruff on her final day in office in a rare interview to share her overall…
Powell will succeed Janet Yellen, the first woman to lead the Fed, when her term ends Feb. 3.
Jerome Powell's confirmation hearing is scheduled to begin at 9:45 a.m. ET today. Watch the hearing here.
President Trump announced Jerome Powell as his nominee to be the new chair of the Federal Reserve, replacing Janet Yellen in early 2018. With a background in law and finance, Powell would be the first Fed chair in almost forty…
Jerome Powell, President Donald Trump's pick to replace Janet Yellen as Federal Reserve chairman, would bring a unique educational background to the top spot at the U.S. central bank.
Jerome Powell spent years working at investment firms. Unlike the past three Fed leaders, he doesn't have a doctorate degree in economics.
