Business
US President Biden's nominee for the role of the top Federal Reserve cop Sarah Bloom Raskin said she was withdrawing her name.
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Business
The Federal Reserve opened its two-day policy meeting as it prepares to raise borrowing rates for the first time since the pandemic began.
Business
Surging prices for fuel, food and housing have sent US inflation to the highest in four decades.
Business
US Jerome Powell told Congress it's "too early to say" whether Russia's invasion of Ukraine will change the plan to hike interest rates.
Business
The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will need to adjust quickly.
Business
Top officials at the US Federal Reserve will be banned from holding individual stocks.
Business
Instead, policymakers can "move steadily" to get the key lending rate off zero and back to more normal levels over the next year or...
Business
Faced with stubbornly high inflation, US central bankers are considering an accelerated schedule for raising the benchmark borrowing rate.
Business
Republicans in the US Senate on Tuesday boycotted a vote to confirm President Joe Biden’s nominees to lead the Federal Reserve, creating a potential...
Business
The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way that doesn’t...