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.
Senate approves Jerome Powell as next chair of the Federal Reserve
Powell will succeed Janet Yellen, the first woman to lead the Fed, when her term ends Feb. 3.
WATCH: Trump’s Fed nominee Jerome Powell testifies at Senate confirmation hearing
Jerome Powell's confirmation hearing is scheduled to begin at 9:45 a.m. ET today. Watch the hearing here.
Watch 8:07
What priorities will Jerome Powell bring to the Federal Reserve?
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.
