Central bankers have said they aren’t worried about a pop in longer-term bond yields. If they do become concerned, they have some options.
The markets are stressed at the prospect of an economic rebound, which is forcing investors to reassess their holdings.
The Fed chair said better caregiving options was an “area worth looking at” for Congress, while reiterating the central bank’s full-employment pledge.
Our economics reporter gives a rundown on the real unemployment rate, stimulus checks and inflation.
The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged at a Senate hearing, even as concerns about inflation rise.
Top Democrats and some of President Biden’s advisers are considering borrowing money to fund a sweeping infrastructure package as the nation’s fiscal situation improves more rapidly than expected.
Analysts warn that low-interest rates are promoting speculative bubbles. The Fed itself has downplayed the possibility that it’s behind asset prices.
Why Biden needs to go big and ignore the worriers.
The Treasury Secretary met with her fellow regulators to discuss whether markets need new attention after the rise of so-called “meme stocks.”
Monroe Gamble became the San Francisco Fed’s first Black research assistant in 2018. His path shows why fixing a striking diversity shortfall will take commitment.
Why you shouldn’t nitpick over the details.
Policymakers are eager to return to the period of low unemployment that preceded the pandemic and are less concerned than in previous eras about sparking inflation and taking on debt.
From financial regulation to minority lending, Biden’s pick is poised to change course sharply from the policies of Secretary Steven Mnuchin.
Jerome H. Powell, chair of the Federal Reserve, said the central bank remained far from dialing back support for the economy.
A “hot” economy with high deficits didn’t cause runaway inflation.
Investors of all stripes piled into stocks this year, creating levels of froth reminiscent of the dot-com boom. Analysts say there’s room to go higher, but some worry about a bubble.
Jerome H. Powell’s central bank slashed rates, bought bonds in huge sums and rolled out never-before-tried loan programs that shifted its identity. The backlash is already beginning.
Top senators appeared to strike an agreement on the central bank’s lending powers as they struggled to clear away the last sticking points in the $900 billion compromise plan.
The short time frame signaled optimism that Congress could come to agreement on the $900 billion economic recovery plan, but a last-minute dispute over the Fed’s lending powers emerged as a stubborn final sticking point.
The Fed’s emergency lending authorities are a key part of its job. Republicans want to curb them. Democrats are pushing back.
Earlier this year, the regulator froze buybacks and put a lid on banks’ dividend payouts. Now it is slightly loosening those restrictions.
Central bank officials left rates near-zero at their December meeting, and tied bond buying to their employment and price goals.
The central bank’s meeting will wrap up Wednesday, as the Fed stares down a bifurcated economic outlook.
The central bank joined a network of global financial regulators focused on climate risk. The response to the move underlined its tricky politics.
Christopher Waller will be the fifth Trump pick on the Fed’s seven-member Board of Governors.
A look at the president-elect’s choice of Treasury secretary and how she might tackle the pandemic-provoked financial crisis.
She never forgot that economics is about people.
The nominee for Treasury secretary will face the tricky politics of generating a strong recovery out of the pandemic.
The former Fed chair, a labor market expert, appears poised to lead President-elect Biden’s Treasury Department.
Trump’s Treasury secretary said Congress wanted key economic supports to end by Dec. 31, a view he expressed only after the vote count in the presidential election.
The Trump administration’s abrupt decision to curtail the Federal Reserve’s emergency lending programs is a gamble with no upside.
Mnuchin’s move and Shelton’s near-confirmation suggest a future of greater risks each time party control changes.
He terminated emergency-lending programs that will limit the new administration’s options — and upset the Federal Reserve, too.
The Treasury Department asked the Federal Reserve to return unused funds, which could prevent a new secretary from restarting key loan programs.
Ms. Shelton, a Trump loyalist with unusual views, hit a major setback. But her journey toward the Federal Reserve’s Board of Governors may not be over.
The president-elect has chosen proponents of stronger regulation to begin reviewing financial agencies.
The Fed governor is seen as a top candidate for the job, though some progressives try to paint her as a centrist who was soft on China.
Democrats are eyeing the programs as a backup option if they can’t strike a deal to aid states and localities, and believe they may be needed to backstop markets. Republicans want them off the table.
If Republicans control the Senate, a Biden administration could take a cue from President Trump and find ways to act unilaterally on some economic issues.
With continuing Republican control of the Senate likely, the sort of large-scale stimulus some economists have urged may be off the table.
Under President Trump, agencies have eased bans on Wall Street risk-taking and loosened consumer protections and anti-discrimination laws.
The Federal Reserve made few changes to its policy statement during a week fraught with uncertainty.
The Democratic nominee is seeking to balance experience and diversity in preparing a team for a potential administration if he wins in November.
The Federal Reserve was meant to take $454 billion and drastically expand it. So far, it has lent $20 billion.
The economic case for deficit spending is overwhelming.
Does the latest twist herald the end of a bull run or the beginning of a shift toward long-neglected niches?
Jerome H. Powell, the Federal Reserve chair, called the recovery “incomplete” and highlighted that it was better to overdo the pandemic policy response than to undershoot.
A Federal Reserve survey of family finances shows that inequality was high last year. It’s likely to worsen because of the pandemic.
With the Federal Reserve keeping rates low, home buyers are benefiting. But savers? Their average interest rate is just 0.05 percent.
The Federal Reserve’s latest economic forecasts suggest that interest rates will remain near zero at least through 2023.