Jerome Powell

Goldman Sachs now sees the Federal Reserve hiking interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle hotter-than-expected inflation.

Fed senior staff don’t vote on monetary policy, but many are actively involved in compiling data, doing research, and briefing Fed leaders to help them analyze the economy, financial markets and the central banks’ policy options.

The hotter-than-expected January inflation report could force the Federal Reserve to kick off its interest-rate hikes next month with the steepest increase in two decades.

The Federal Reserve could kick off its interest rate hikes in March with a 50-basis point increase after the surprisingly strong January jobs report suggested the economy is more resilient than initially believed.

Sarah Bloom Raskin, President Biden’s nominee to become the Federal Reserve's top Wall Street regulator, could face difficult questions from Senate Republicans on Thursday over concerns that her "extreme" stances on issues like climate change could endanger the central bank's independence.

Bank of America economists expect the Federal Reserve to hike interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle inflation.

Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.

The Port of Savannah hit a container record last year, handling nearly six million container units of imports and exports amid continued supply chain bottlenecks.

There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.

Jon Hilsenrath joined 'The Claman Countdown' reacting to the Federal Reserve's response to inflation.

Fed Chairman Jerome Powell is under pressure to get inflation under control without raising interest rates too fast.

The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.

The Federal Reserve is expected to signal its first interest rate hike in three years during a pivotal two-day meeting this week, opening the door to a March liftoff as policymakers seek to combat the hottest inflation in four decades.

President Biden on Friday announced three new nominations for the Federal Reserve's Board of Governors, including progressive favorite Sarah Bloom Raskin for the top regulatory spot, as the central bank prepares to confront the hottest inflation in a generation.

President Joe Biden will nominate three people for the Federal Reserve's Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the Fed's board.

Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed to stem surging prices.

Jerome Powell is expected to sail through the confirmation process to lead the Federal Reserve for another four years with broad bipartisan support, but that didn't stop lawmakers from tearing into the central banker over everything from soaring inflation to a string of trading scandals at the central bank.

Stocks experienced more volatility ahead of inflation data on consumer and producer prices due later this week.

The Fed missed the mark on inflation, and Chairman Powell is vowing to do better this year if he gets cleared for a second term.

The Federal Reserve will likely raise interest rates four times this year and will begin reducing its balance sheet by July as it confronts an inflation surge that has been higher and longer-lasting than policymakers initially predicted, according to Goldman Sachs analysts.