Jerome Powell

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. is on a path to a “very strong labor market” as he noted that Americans will have opportunities to return to work.

Federal Reserve Chairman Jerome Powell on Wednesday used the recent plunge in lumber prices as an example of why the central bank thinks the recent surge in inflation will be transitory.

Federal Reserve Chairman Jerome Powell maintained that a recent surge in consumer prices is likely transitory – but warned the increase may ultimately be “higher and more persistent” than expected.

The Federal Reserve said Wednesday that it would maintain ultra-low interest rates and reaffirmed its commitment to other easing policies

The Federal Reserve says inflation is "transitory" and plans rate by 2023.

Federal Reserve officials on Wednesday are expected to at least flag the pending start of talks about when and how to exit from the crisis-era policies the U.S. central bank put in place at the onset of the coronavirus pandemic last year.

Federal Reserve policymakers are meeting this week against the backdrop of conflicting economic data.

The Federal Reserve's decision on interest rates and inflation, as well as new housing and retail sales data lead the week ahead for investors.

A key inflation gauge that revealed consumer prices rose at their fastest pace in decades last month could prompt the Federal Reserve to start laying the groundwork to begin curtailing its massive monetary support to the U.S. economy.

Queens College Cambridge President Mohamed El-Erian on Treasury Secretary Yellen welcoming higher interest rates.

The Federal Reserve does not seek to set climate change policy for the United States and the issue, while of long-term economic concern, does not currently influence monetary policy, Fed chair Jerome Powell said on Friday.

Federal Reserve Chairman Jerome Powell said the creation of a central bank digital currency in the U.S. would require “careful thought and analysis."

Federal Reserve officials signaled they are watching improving trends in the U.S. economy closely.

The most important economic report, since the April jobs report, will be released Wednesday morning.

Federal Reserve Chairman Jerome Powell said Monday the U.S. economy's prospects have “clearly brightened” amid increased vaccination rates and a burst of fiscal spending, but stressed the recovery from the coronavirus pandemic has been uneven for lower-income Americans.

Powell's bet is that the Fed can keep rates ultra-low even as the U.S. economic recovery kicks into high gear — and that it won't have to quickly raise rates to stop runaway inflation.

Federal Reserve Chairman Jerome Powell said Wednesday that an apparent hiring bottleneck in the labor market – which has made it difficult for employers to hire workers, despite a persistently high jobless rate – will likely end in coming months.

Federal Reserve Chair Jerome Powell will address financial markets ahead of President Biden's address to Congress.

The Federal Reserve said Wednesday that it would maintain ultra-low interest rates and reaffirmed its commitment to other easing policies.

Fed Chair Jerome Powell will hold a news briefing about half an hour after the release of the statement