Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the president and that he intends to serve out his full four-year term.
WASHINGTON (AP) — The latest on the Federal Reserve's landmark two-day policy meeting which began Tuesday. The central bank is expected to raise interest rates for the first time in nearly a decade. All times local.
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Federal Reserve remains patient in deciding when to start raising interest rates because too many Americans remain unemployed, wage growth remains sluggish and inflation is running below the Fed's target.
WASHINGTON (AP) — The statement expected today at the end of the latest Federal Reserve policy meeting will be meticulously reviewed for any hints about future interest rate increases from current record lows.
WASHINGTON (AP) — Federal Reserve Chairwoman Janet Yellen has some good news for Congress this week about the health of the labor market. But lawmakers will likely press her for more information on just how the central bank intends to react to the good news.