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Federal Reserve Board

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Federal Reserve Governor Lisa D. Cook speaks at the Economic Club of New York in New York City

Politics Sep 04

DOJ probing mortgage fraud claims against Fed governor Lisa Cook, AP source says

By Eric Tucker, Paul Wiseman, Associated Press

Politics Aug 07

Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington
Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board

The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentlessly criticized the current chair, Jerome Powell, for keeping short-term interest rates unchanged.

By Christopher Rugaber, Josh Boak, Associated Press

Economy Mar 04

Help wanted signs appear across Tampa
U.S. added 678,000 jobs in February in sign of economic health

U.S. employers added 678,000 jobs in February, another solid gain that underscored the economy's robust health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.

By Christopher Rugaber, Associated Press

Nation Jan 14

Ukraine's biggest national flag on the country's highest flagpole and the giant 'Motherland' monument are seen at a compou...
Watch 4:23
News Wrap: Ukraine blames Russia for sweeping cyberattack

In our news wrap Friday, Ukraine blamed Russia for a sweeping cyberattack that left government websites unusable as the White House warned that Russia may attack its own allies in Ukraine as a pretext to invade. Also, Oath Keepers leader…

Economy Dec 14

Federal Reserve raises key interest rate and signals more to come in 2017

The Federal Reserve decided today to raise its benchmark interest rate .25 percent, a move widely expected by investors and economists. So what does the move mean for you?…

By Kristen Doerer

Dec 12

Column: Why the Fed may aggressively raise rates in 2017

By Terry Burnham

To understand Janet Yellen’s motivation, consider that it has been seven years since the last U.S. recession ended. Since World War II, recessions have arrived about once every six years. Another recession is coming; the only unknown is the date.

Continue reading

Dec 16

Fed raises interest rates for first time in nearly 10 years

By Kristen Doerer

Federal Reserve Board Chairwoman Janet Yellen will hold a news conference where she is expected to announce the Fed's interest rate decision. PBS NewsHour will live stream the event, scheduled for 2:30 p.m. EST.

Continue reading

Mar 04

Why this is only the beginning of the fight over the Fed

By Simone Pathe

Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former…

Continue reading

Feb 23

Watch
Transcripts reveal Fed reactions during 2008 economic crisis

By PBS News Hour

Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these…

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