Jerome Powell

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.

Sen. Elizabeth Warren called on the Federal Reserve in a Monday letter to release more information about financial trades made by several top officials at the onset of the coronavirus pandemic, when the central bank was pumping trillions of dollars into the U.S. economy.

Stock investors got a sharp reminder that higher interest rates are coming. How fast and how high remains the wildcard.

St. Louis Federal Reserve President James Bullard said Thursday that he sees an initial interest rate increase happening as soon as March as the U.S. central bank seeks to quell the hottest inflation in four decades.

Most Federal Reserve officials agreed last month that surging inflation and a rapidly recovering labor market could warrant a faster-than-expected interest rate hike as policymakers seek to wind down pandemic-era support for the U.S. economy.

Federal Reserve Chairman Jerome Powell is entering 2022 with the American economy on shaky ground, teeing up a challenging year for the U.S. central bank as it accelerates its withdrawal of support, all while navigating the ever-changing landscape of the coronavirus pandemic.

The Federal Reserve may need to get more radical says Larry Summers.

Bitcoin is trading higher Thursday morning following a jump on Wednesday afternoon after the conclusion of the Fed's final policy meeting of the year and Chairman Jerome Powell's press conference.

Fed Chair Powell faces the music as inflation runs wild despite earlier views of it being "transitory" even as gas and food prices soar.

The Federal Reserve on Wednesday announced plans to accelerate the wind down of its aggressive bond-buying program, opening the door to interest-rate liftoff in the first half of next year as policymakers seek to combat the hottest inflation in four decades.

Federal Reserve officials on Wednesday are expected to lay out plans to begin accelerating the winding down of their massive bond-buying program as they seek to remove the crutches from the U.S. economy in order to combat the hottest inflation in four decades.

The U.S. Federal Reserve will raise rates in the third quarter of next year, earlier than expected a month ago, according to economists in a Reuters poll who mostly said the risk was that a hike comes even sooner.

The newest coronavirus variant may have fueled stock-market volatility in recent days, but Morgan Stanley analysts are arguing that stock investors should be more concerned about the Federal Reserve and its newfound response to the "on fire" economic data.

ADP job growth was solid but the omicron variant is kicking up volatility for US investors.

Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.

Supply chain bottlenecks and a worsening labor shortage threatened to undermine the U.S. economic recovery from the coronavirus pandemic this fall, according to a new Federal Reserve report.

Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.