Fed members see inflation under control Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the Covid-19 pandemic will push prices higher, according to ... Business • 08 Apr
Yellen says US economy remains in crisis US Treasury Secretary Janet Yellen has said the US economy remains in crisis from the pandemic even as she defended developing plans for future tax ... Business • 24 Mar
US won't reach 'maximum employment' this year - Powell The US labour market faces a lengthy recovery and the economy will not see maximum employment this year, Federal Reserve Chair Jerome Powell has said. Business • 05 Mar
Fed's Powell pledges low rates until inflation hits 2% US Federal Reserve Chair Jerome Powell has today pledged that the bank will keep benchmark lending rates low until the economy is at full employment ... Business • 23 Feb
Fed warns economic outlook still 'highly uncertain' The fate of the US economy depends on the course of the pandemic and the Covid-19 vaccine rollout, but the outlook is nonetheless "highly uncertain," ... Business • 28 Jan
Fed to buy bonds until it sees economic progress The Federal Reserve has vowed to keep pumping cash into financial markets until the US economic recovery is secure, a promise of long-term help that ... Business • 17 Dec 20
Fed joins global club of peers in climate change fight The US Federal Reserve said today it has formally joined an international group of central banks working to understand and reduce climate change risk, a ... Business • 15 Dec 20
Fed, ECB heads cautious despite Covid vaccine hopes The heads of the Federal Reserve and the European Central Bank welcomed the encouraging results in trials of a vaccine candidate for the novel coronavirus ... Business • 13 Nov 20
More stimulus needed to help US economy - Fed chief The trajectory of Covid-19 remains key to the US recovery and until it is eradicated, more emergency spending will be "essential" to support the economy, ... Business • 06 Nov 20
Fed touts economic recovery, vows to keep rates low The Federal Reserve has vowed to keep interest rates near zero until inflation is on track to overshoot its 2% target, a bold new promise ... Business • 17 Sep 20
Powell set to lay out Fed's new policy approach US Federal Reserve Chair Jerome Powell is expected today to begin setting out the bank's new strategy for meeting its price stability and maximum employment ... Business • 27 Aug 20
US Fed chair warns of 'extended period' of weak growth In a sober review of where the US economy stands on the cusp of its reopening, US Federal Reserve chair Jerome Powell has warned of ... Business • 13 May 20
Fed will continue to act 'forcefully, proactively' The Federal Reserve will continue to use all the tools at its disposal until the US economy begins to fully rebound from the harm caused ... Business • 09 Apr 20
Fed chief says US economy resilient but warns on virus US Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the US economy in the first of his twice-a-year updates to Congress ... Business • 11 Feb 20
Fed's Powell expects sustained expansion of US economy The US economy is likely to continue to grow, but faces continued risks from the global slowdown and trade disputes, which have already dampened expansion, ... Business • 13 Nov 19
Fed signals holding pattern on rates for now The US Federal Reserve cut interest rates again last night to help sustain a record-long economic expansion but signaled a higher bar to further reductions ... Business • 19 Sep 19
US Federal Reserve signals another US rate cut Expectations are high for the US Federal Reserve to deliver the year's second interest rate cut this evening as members conclude a hotly-anticipated policy meeting ... Business • 18 Sep 19
Fed chief urges caution on Facebook's Libra project US Federal Reserve Chairman Jerome Powell said that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed. Business • 11 Jul 19
US President says Federal Reserve 'blew it' on rates US President Donald Trump has again criticised the Federal Reserve for not cutting interest rates, keeping up his pressure on the central bank to change ... Business • 24 Jun 19
Fed opens door to rate cut amid growing 'uncertainties' The US Federal Reserve opened the door to an interest rate cut last night, vowing to act to keep the economy growing as uncertainties about ... Business • 20 Jun 19
Citing slowdown, Fed sees no changes to rates in 2019 The Federal Reserve is likely to leave interest rates unchanged this year given risks to the US economy from a global slowdown and uncertainty over ... Business • 11 Apr 19
You don't need a PhD anymore to read Fed statements The US Federal Reserve's policy statements grew so complicated after the recession that standard gauges of readability suggested people needed four years of university or ... Business • 27 Feb 19
US inflation to fall further below 2% target - Powell Despite solid growth and continuing job gains, the US economy will see inflation fall even further below the Fed's 2% goal, at least for a ... Business • 26 Feb 19
US Fed 'can afford to be patient' on rate hikes US central bankers "can afford to be patient" before raising interest rates again, given low inflation and uncertainty about the outlook, according to the minutes ... Business • 10 Jan 19
Fed chair's job is not in jeopardy - White House The head of the US Federal Reserve faces no risk of losing his job and President Donald Trump is happy with his Treasury secretary, a ... Business • 27 Dec 18
