Starting Monday in Dallas, the central bank will hold a series of "Fed Listens" events aimed at getting input from various parts of the community. » Read More
The U.S. economy maintained "solid" growth through the second half of 2018, likely expanding "just under" 3 percent for the year, though consumer and business spending had begun to weaken, the Federal Reserve said on Friday. » Read More
The Federal Reserve needs to make sure that tight labor markets do not spark a sustained surge in inflation, but equally that inflation expectations do not get stuck too low, New York Federal Reserve Bank President John Williams said. » Read More
The Philadelphia Federal Reserve said on Thursday its gauge on U.S. Mid-Atlantic business activity declined in February to its weakest level since May 2016.
New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear.
CEO sentiment has been balanced "between growth and efficiency initiatives" since the Federal Reserve said it would be patient, IBM CEO Ginni Rometty says.
Powell said the central bank is looking at a number of ways to help rural communities, with a particular focus on banking and finance for areas of need.