Person Root Tag

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.

The governors of California, New York and New Jersey said they would challenge the Republican tax bills in court if they pass.

New York Mayor Bill de Blasio named Dean Fuleihan first deputy mayor and Melanie Hartzog as budget chief.

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.

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

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.”

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

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.