Fed's Powell urges more federal stimulus to help economy recover from coronavirus pandemic
Federal Reserve Chairman Jerome Powell urged lawmakers to provide the pandemic-stricken economy with more fiscal support in order to sustain the nation's early recovery.
Coronavirus forces Fed to extend ban on bank stock buybacks, dividends
The Fed is keeping a lid on bank dividend hikes and stock buybacks.
PPP round 2 could do a lot to support small business, Fed chair Powell says
PPP is a better option than the Fed's lending facility, Powell said.
Powell and Mnuchin voice optimism but back more economic aid
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession.
Stock market live update: Tech rebounds ahead of Powell, Mnuchin testimony
Follow LIVE stock market action with the FOX Business blog.
Fed signals interest rates will stay near zero through 2023 to bolster US economy
The Federal Reserve concluded its final policy-setting meeting before the November presidential election on Wednesday with a renewed pledge to continue taking aggressive action to support the U.S. economy.
Fed expected to raise economic forecasts, extend vow to keep rates low
Fed Chair Jerome Powell is due to hold a virtual news briefing following the decision
Fed tweaks strategy in nod to record-low interest rates
The Federal Reserve updated is strategy to allow inflation to run above 2% target for "some time."
Stock futures trade lower ahead of Fed speech, GDP report
Discount retailers and PC makers will report earnings
Powell edges toward loosening the Fed's stance on inflation
The Federal Reserve has always operated under the policy of being ready to raise interest rates at the earliest signs of creeping inflation
Fed officials worried about withdrawal of government support, minutes show
The nascent economic recovery faces several risks, Fed officials said during their July meeting.
Capital One slapped with $80M fine for 2019 data hack
Capital One must submit a plan to the U.S. central bank within 90 days outlining how it intends to improve the protection of customer's personal information.
Fed underscores support for economic recovery threatened by coronavirus resurgence
The Federal Reserve on Wednesday pledged to continue taking aggressive action to support the U.S. economy as the recovery has started to plateau.
Fed wrestles with its next moves as virus stalls US economy
The Fed is working toward providing more specific guidance on the conditions it would need to see before considering raising interest rates
Fed deliberates how and when to roll out more economic support
Deliberations at their July 28-29 meeting could determine how soon officials can finalize any plans, which would be unveiled either at their September meeting or later this fall, according to interviews and public statements.
Trump’s Fed picks Shelton, Waller may see smooth sailing to Powell’s central bank
The Senate Banking Committee approved the two who will now head to the full Senate for a confirmation vote.
Fed expands Main Street lending program to include nonprofits
The central bank also changed the minimum employee provision for nonprofits to 10 from 50, allowing smaller groups to participate.
Fed interest rates will be near zero for years - here's why you should care
Fed officials have projected that interest rates will stay near 0 through 2022 -- how will that affect you?
Fed's Powell has 'stepped up to plate,' says Trump
Fed Chair Powell, once a lightening rod for Trump, is now in his good graces.
Fed officials pledge full support to aid US coronavirus recovery, minutes show
During their June meeting, Fed policymakers projected that interest rates will remain at zero until 2022.