The unemployment rate is forecast to hold steady at a more than 6-1/2 year low of 5.5 percent.
The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over short-term lending markets.
Nearly all Fed officials expect the Fed to raise rates sometime this year, but exactly when is a subject of debate.
San Francisco Fed chief John Williams, a voter on Fed policy this year, made nearly identical remarks on March 5.
Cleveland Fed President Loretta Mester was speaking at a bankers' conference in Paris on Monday.
At a D.C. hearing, Daniel Tarullo suggested that Morgan Stanley and Goldman Sachs might face limits on commodities trading.
Investors held back Thursday and weighed the central bank’s economic projections, which were lower than previously forecast.
The U.S. central bank is one step closer to ending near-zero interest rates in 2015.
Economists polled by Reuters are almost evenly split on whether a rate increase will come in June or later in the year.
At least five Federal Reserve Banks should be placed in Western cities, an expert says.
Details of the Federal Open Market Committee's September 2012 meeting were published by Medley Global Advisors in a report to clients.
The Federal Reserve raised objections to two foreign-based banks in annual exams; Bank of America gets a re-do.
All 31 banks examined passed the Federal Reserve's stress test. Here's how the Fed might raise the bar.
The jobless rate was forecast to fall to 5.6 percent, while average hourly earnings were seen rising 0.2 percent.
The Federal Reserve found that all 31 banks surveyed in this year's stress tests would stay solvent in a downturn.
Federal Reserve Chair Janet Yellen said the shrinking of big banks is "exactly what we want to see happen."
Janet Yellen announced the central bank would not be increasing interest rates for the “next couple of FOMC meetings.”
Wall Street is looking ahead to congressional testimony from Janet Yellen who will discuss the U.S. economy's health.
Economists will be looking for clues from the Federal Reserve’s latest minutes as to when the central bank will begin hiking interest rates.
The New York Fed said Tuesday that more students and auto borrowers fell behind in payments in the fourth quarter of 2014.
The dollar hit a new nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday.
Some economists are warning that the U.S. faces creeping deflation. Here's what that means and why economists fear it.