Michelle W. Bowman was sworn in Monday as a member of the Board of Governors of the Federal Reserve System, the Fed announced.

The choice appears to reaffirm U.S. regulators' commitment to the international standards-setting body.

Federal Reserve Bank of Minneapolis President Neel Kashkari said further tightening could trigger a recession.

The risk that the Federal Reserve could soon hit the pause button on interest-rate hikes means the great flattening of the yield curve is almost over.

The U.S. central bank will stick with its campaign of gradual interest-rate increases, said Federal Reserve Bank of New York President John Williams.

Federal Reserve Vice Chair Richard Clarida said the Fed needs to rely on data since rates are now in the “vicinity” of neutral.

The Senate's approval of the Kansas banking commissioner leaves the board with two remaining seats to fill as the administration's nominees for the vacancies await votes.

The Federal Reserve announced it will review monetary policy strategies, tools, and communication practices next year.

Monetary policy is near a neutral level, one that neither stimulates nor restricts economic growth, according to Federal Reserve Bank of Atlanta President Raphael Bostic, who noted that caution should be used going forward.

Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year.

Former Federal Reserve Chairman Alan Greenspan said a rising U.S. debt burden could derail the current expansion.

The Senate is poised to confirm Kansas Banking Commissioner Michelle Bowman to the Federal Reserve Board. But the nominations for the two other open seats are still in limbo.

Federal Reserve interest-rate hikes are causing the U.S. trade deficit to widen, not unfair Chinese trade practices, former Fed Chair Janet Yellen said.

Federal Reserve Bank of San Francisco President Mary Daly said U.S. policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing.

The dollar value of net pension liabilities rose in 43 states while the dollar value of outstanding tax-supported debt rose in 17 states, the report said.

The Federal Reserve left interest rates unchanged and stayed on course to hike in December,

Republican gains in the Senate may alter the fate of at least one of President Trump’s nominees for the Federal Reserve.

Keeping the U.S. economy near full employment is lifting pay for unskilled workers and helping ease inequality in the country.

Investors are still getting to know Powell, who prides himself on his ability to translate difficult subjects into plain English.

Unless risks materialize, Federal Reserve Bank of Boston President Eric Rosengren see rates being raised gradually until they are "mildly restrictive."