The action reaffirms the central bank's confidence in the recovery despite stalled growth during the winter.
The nation's gross domestic product expanded at a meager 0.1 percent annual rate in the first quarter -- well below forecasts -- potentially renewing concerns about the sustainability of the recovery.
The Fed has been working without a full bench for months even as it embarked on the phaseout of its trillion-dollar economic stimulus program.
The outcome of this week’s gathering of Federal Reserve officials in Washington is expected to be a yawner -- and that’s a good thing.
But she cautioned that Federal Reserve's help will still be needed for economy to cross the finish line.
The documents provide a window into the central bank's decision to change its guidance on interest rates.
Stein made his name as a sharp and influential voice at the Fed, particularly on financial arcana.
A new initiative by the left-leaning Center on Budget and Policy Priorities launching today is refocusing on the role of fiscal policy in the nation’s economic recovery. It's about time.
Reports highlighting her omission of their prior offenses implied that people such as Poole and Brownlee were poor examples because they do not reflect the American workforce – or worse, because their records make them less deserving of employment. Neither could be farther from the truth.
The new leader of the Federal Reserve revealed her real-world approach to policymaking Monday during her first public speech since taking over the reins of the nation’s central bank this year.
The National Association of Business Economists said about a third of forecasters in its new poll expect the Federal Reserve will hike its target for short-term interest rates this year.
Wonkblog sits down with San Francisco President John Williams for an exclusive hour-long interview on his outlook for policy and the economy over the next few years.
The Federal Reserve spent the past five years driving home a single message: Zero percent interest rates are here to stay. Now it is finally changing its tune.
Fed officials aren’t exactly sure when the right moment to raise rates will be. And that may be the clearest answer they can give.
President Obama’s nominees for Federal Reserve are slated to appear Thursday before the Senate Banking committee for their confirmation hearing. Here’s a quick refresher on who the candidates are.
The U.S. economy added a solid 175,000 jobs in February, despite harsh winter weather that many analysts expected would curtail hiring, according to government data released Friday morning.
In an interview with The Washington Post, Atlanta Fed President Dennis Lockhart blamed much of the disappointing data this year on a brutal winter.
The unemployment rate is about to hit 6.5 percent. Does that mean inflation is on its way?
A report released Tuesday is sure to add to the alarm about how the student loan burden could hurt housing recovery.
By Dina ElBoghdady
February 18, 2014
The Federal Reserve promised it would move slowly in winding down its $1 trillion stimulus program. The jittery past few days in the markets are demonstrating why that might have been a good idea.
By Ylan Q. Mui
January 28, 2014