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PublishedJune 13, 2018
Fed increase in key interest rate will add to cost of borrowing for consumers, businesses
The central bank also signals more interest rate hikes are coming this year as the economy continues its steady expansion.
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PublishedMarch 20, 2018
Fed expected to raise interest rates at first meeting with new chairman
Officials are also meeting for the first time since Republicans passed a $1.5 trillion tax cut last year.
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PublishedMarch 1, 2018
Powell says Fed believes rates can go up gradually
The central bank chairman clarifies his comments earlier in the week that sent the market lower.
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PublishedFebruary 13, 2018
New Fed chair Jerome Powell vows to stay alert to economic risks
He says the economy is recovering well and the bank will be vigilant about any emerging threats to financial stability.
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PublishedJanuary 23, 2018
Senate confirms Jerome Powell as new Federal Reserve chairman
He will start next month and succeeds Janet Yellen, the first woman to lead the Fed.
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PublishedNovember 21, 2017
Fed needs to avoid ‘boom-bust’ cycle in economy, Yellen says
The Federal Reserve chair says officials remain puzzled about why inflation has retreated for several months this year.
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PublishedNovember 7, 2017
Bernanke, Yellen win annual ethics award
The past and present chairs are honored for their efforts to increase transparency at the secretive Fed.
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PublishedSeptember 26, 2017
Fed chief Janet Yellen says economic outlook highly uncertain
The central bank may be slower to raise interest rates as a result.
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PublishedJune 14, 2017
Federal Reserve raises benchmark interest rate amid inflation worry
The Fed also announces plans to start paring its bond holdings later this year, which could cause long-term rates to rise.
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PublishedMarch 15, 2017
Fed raises benchmark interest rate for second time in 3 months
Increasing the cost of borrowing could frustrate the ambitious goals of the Trump administration.
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