The Latest Breaking News from US Federal Reserve

President Joe Biden’s effort to build a more diverse, climate-conscious Federal Reserve faces its first hurdle Tuesday as the Senate Banking Committee votes on whether to advance five nominees to the full Senate for consideration.

It has been a rough start to the year for the major market indexes, with tech stocks witnessing an aggressive sell-off on concerns over the Fed’s expected interest rate hikes this year. However, technology stocks are expected to keep seeing growth due to rising corporate spending on technology solutions. Given…

A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates beginning at their next meeting in March

Outrage after body accuses Sadiq Khan of undermining public trust over a ‘very small number of incidents’

Regulatory agencies were never designed to be political, but the tables have turned.

Senate Banking will vote Tuesday on five Fed nominees who, if confirmed, would give the central bank historic race and gender diversity.

Wall Street is poised for another whiplash week.

St. Louis Federal Reserve President Jim Bullard announced last week that he had become significantly more hawkish following the hottest inflation reading in almost 40 years. He was calling for a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings.

Asian stock markets are lower and oil prices have risen amid concern about a possible Russian invasion of Ukraine

WASHINGTON — Sen. Joe Manchin said the Federal Reserve needs to “stop pussyfooting around” and “tackle inflation head-on,” renewing his call for the central bank to act against the fastest pace of price increases since the early 1980s.

They have the chance to be the hero of the hour, but if they get it wrong, we’ll be back in recession