The Federal Open Market Committee raised the federal funds target rate 25 basis points to a range of 1.25% to 1.50%, the Fed announced Wednesday.

The Fed plans to raise rates in December and three times next year. Mary Ann Hurley, vice president of fixed income trading at D.A. Davidson & Co., warns this could invert the yield curve, which often signals recession.

The Federal Reserve Bank of Richmond’s decision to hire Thomas Barkin as its next president has renewed questions over the cloaked process of selecting officials who set the most widely watched policy interest rates in the world.

Sen. Elizabeth Warren, D-Mass., was the only member of the Senate Banking Committee to oppose the nomination of Federal Reserve Board Gov. Jerome Powell to lead the central bank.

As President Donald Trump fills the Federal Reserve Board with his nominations, Wall Street economists are busy trying to classify newcomers as inflation-fighting hawks or easy-policy doves. His latest pick might be tough to pin down.

If the Federal Reserve continues to raise the federal funds rate target, it risks inverting the yield curve, often seen as a precursor to recession, Federal Reserve Bank of St. Louis President James Bullard said Friday.

Federal Reserve Bank of Cleveland President Loretta Mester reiterated the central bank needs to keep tightening gradually.

Marvin Goodfriend, a noted economist and former Richmond Fed official, was tapped to fill one of three vacancies on the Fed board.

Nearly all Federal Reserve districts reported modest or moderate economic growth in the past six weeks as business outlook improved and hurricane-related rebuilding pushed prices higher, the latest Beige Book survey showed Wednesday.

Dragged down by prices not sensitive to the economy, inflation should rise next year, Federal Reserve Bank of San Francisco President John Williams says.

Blaming “transitory factors” for low inflation rates, Federal Reserve Board Chair Janet Yellen said Wednesday she expects gradual fed funds rate increases for “the next few years.”

Federal Reserve chair nominee Jerome Powell said the case for raising interest rates at next month’s policy meeting is strengthening.

President Donald Trump’s nominee to head the Federal Reserve is making one thing clear as he prepares to testify before lawmakers: He’s not here to shake things up at the U.S. central bank.

Federal Reserve Chair Janet Yellen cautioned that raising interest rates too quickly risked stranding inflation below the U.S. central bank’s 2% target.

Federal Reserve Board Chair Janet Yellen will resign as a member of the Fed’s Board of Governors when Jerome Powell is sworn in as chair, the Fed announced Monday.

The U.S. economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman Sachs Group Inc. economists said in a research note.

A global perspective must be used to prepare for the next recession, even though it’s not on the near horizon, Federal Reserve Bank of San Francisco President John Williams said Thursday.

The conundrum faced by Alan Greenspan is back — and possibly worse.

Federal Reserve officials are pushing for a potentially radical revamp of the playbook for guiding U.S. monetary policy, hoping to seize a moment of economic calm and leadership change to prepare for the next storm.

Changing demographics will be a challenge for policymakers, who will have to constantly evaluate and adapt, Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.