Federal Reserve Bank

Biden’s Federal Reserve Board nominees clear key Senate committee

WASHINGTON — The Senate Banking Committee approved President Joe Biden’s three nominees to the Federal Reserve Board of Governors on…

Payrolls report Friday likely to show a jobs market that is still hot

The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…

Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements

New rules expected to require that banks keep more capital almost certainly won’t apply to smaller institutions, Federal Reserve Chair…

Watch Fed Chair Powell speak live on rate hikes and more to a House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’

Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…

Fed holds off on rate hike, but says two more are coming later this year

WASHINGTON —  The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…

Inflation report Tuesday will be critical for the direction of Fed policy

Inflation data from May will show that the price increases that have been bedeviling consumers for the past two years…