Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
St. Louis Federal Reserve Bank President James Bullard told CNBC that he's be willing to reduce the central bank's massive bond-buying program in "small increments."
U.S. wholesale inventories recorded their biggest decline in nearly 1-1/2 years in February as petroleum stocks tumbled and overall sales rose solidly, which could see first-quarter growth estimates shaved.
One of Wall Street's biggest money managers has called on the Federal Reserve to rein in its program of quantitative easing, saying its bond-buying tactics are a "large and dull hammer" that have distorted markets. The Financial Times reports.
The economy may be showing signs of recovery, but American workers are about to snap. An overwhelming 83% say they're stressed out by at least one thing at work.
U.S. markets, particularly the riskiest areas of investment, are likely to benefit at least near term from the latest entrant to the central bank money-printing arena: Japan.
China's annual consumer inflation eased to 2.1 percent in March from February's 3.2 percent while producer price deflation deepened, leaving policymakers room to keep monetary conditions easy and nurture a nascent recovery.
France's economy is at near-stall speed, trade and budget deficits widened last month and the country is embroiled in increasing political uncertainty.
U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said.
As it intensifies its push into groceries and perishable foods, Wal-Mart Stores is betting it can take on these labor-intensive categories by adding efficiency, not bodies.
As investors wait for the latest U.S. jobs data to assess the recovery in the world's largest economy, Dennis Gartman told CNBC the numbers don't matter.
The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year.
Mirroring the broader economy, small-business owners' plans to hire are taking a "dive" as owners see little reason for new job creation. You call this a recovery?
The number of Americans filing new claims for unemployment benefits rose to its highest level in four months, suggesting the labor market recovery lost some steam.
Atlanta Fed President Dennis Lockhart told CNBC more solid economic data coupled with a "substantial improvement" in jobs are needed before the central bank would consider tightening policy.
The Bank of Japan unveiled sweeping changes to its monetary policy, making clear that it will do all it can to achieve a 2 percent inflation target. But is that enough?