Federal Reserve

Federal Reserve Chairman Jerome Powell says he expects a slow but steady diet of interest rate increases to continue as the central bank looks to find the right recipe between promoting growth and controlling excesses.

Federal Reserve Chairman Jerome Powell waded gingerly into the debate over tariffs, saying that countries embracing protectionism fare worse than those that are more open.

The biggest U.S. banks announced plans to buy back tens of billions of dollars in stock and hike their quarterly dividends after passing an annual stress test by the Federal Reserve. Wells Fargo said it would more than double its stock buybacks to $24.5 billion and raise its quarterly dividend to 43 cents a share …

The Federal Reserve’s effort earlier this month to tamp down the rise of its benchmark interest rate already isn’t running as smoothly as officials might have anticipated. At its June 12-13 meeting, the Federal Open Market Committee hiked its target overnight funds rate 0.25 points to a range of 1.75 percent to 2 percent. At the same …

Further escalation of trade tensions could raise worries about the global economic recovery, a top Federal Reserve official said Friday.

Steve Liesman surveyed the nation’s top economists and money managers about where they see the economy and stock market heading.

Steve Liesman highlights moments from Federal Reserve Chair Jerome Powell’s testimony to the House.

Federal Reserve Chairman Jerome Powell downplayed recent market volatility and said the Fed is on track for more rate hikes.

Steve Liesman reports on comments from Dallas Fed President Robert Kaplan on the Fed possibly hiking rates three times in 2018.

CNBC’s Steve Liesman reveals Fed insights from CNBC’s latest survey of money managers, strategists and economists.

The new Fed chairman will likely continue Janet Yellen’s slow and steady approach to raising interest rates.

“The Fed is open in Houston. It’s open here in Dallas,” Richard Fisher says.

The Fed has embarked on six such efforts in the past — in 1921-1922, 1928-1930, 1937, 1941, 1948-1950 and 2000. Five ended in recession,

Markets currently assign just about a 50 percent chance that the Fed will approve another interest rate hike this year.

Fed chair Yellen gave her reasons why inflation should come back and justify the Fed’s rate hike earlier Wednesday.