"Federal Reserve"

The Federal Reserve made its strongest move yet signaling a pivot toward tackling inflation on Wednesday, moving up the timeline for what policymakers project could be three interest rate hikes next year.

Stocks rallied on speculation that the Federal Reserve will effectively combat surging prices without choking off economic growth.

As the Federal Reserve gets ready to wrap up its final meeting of the year, another report showing inflation running hot sank some of the most-expensive pockets of the stock market.

Gold edged lower as investors weighed mixed labor data from the U.S., the Federal Reserves hawkish tilt and the threat of the omicron variant to global growth.

Jerome Powells pivot toward a quicker withdrawal of stimulus paves the way for a more agile Federal Reserve in 2022, one thats willing to raise interest rates faster than expected if inflation lingers or hold back if the pandemic worsens.

Stocks climbed as investors shrugged off tapering concerns highlighted in minutes of the Federal Reserves last meeting. The dollar gained and the Treasury yield curve flattened as short-end rates rose.

The Federal Reserve will start easing its vast support for financial markets this month, marking a highly anticipated policy change as central bank leaders grapple with major price increases in some parts of the economy but plenty of room to grow in the labor market.

Federal Reserve officials meet this week as consumers and companies fret the U.S. economy is facing the most widespread supply crunch since the oil crisis of 1973.

Gold climbed from the lowest in almost seven weeks as Treasury yields eased following dovish commentary from Federal Reserve Chair Jerome Powell.

WASHINGTON - The Federal Reserve is under mounting pressure as it grapples with a slowing economic recovery, the abrupt departures of two regional banking presidents related to their stock-trading behavior, and a new call from a top Senate Democrat to replace Jerome Powell as chair.

WASHINGTON - A major decision for President Biden when it comes to the economy is whether to reappoint Jerome Powell to a second term as chair of the Federal Reserve Board. But that choice is increasingly fanning political flames and could depend on who else the White House assembles to round out the Fed roster.

Three of the Federal Reserves leading hawks, on the eve of the central banks annual Jackson Hole symposium, urged that policymakers move quickly to slow asset purchases despite the risk from the spreading delta variant.