FEDERAL RESERVE

The drop in stock markets and the rise in the dollar are acting like a brake on the U.S. economic recovery, Dallas Federal Reserve President Robert Kaplan said.

Economic activity expanded in some districts but fell or remained flat in others, the Fed said in its latest report.

A top Fed official says greater threats to U.S. growth are coming from abroad, suggesting global developments could slow the Fed’s march to higher interest rates.

One Fed official warned that market developments could signal a global slowdown, but some say the Fed isn't as worried as Wall Street is.

Federal regulators ruled Citigroup must allow shareholders to vote on a measure that would require the bank to study the feasibility of splitting up.

San Francisco Federal Reserve President John Williams also said that inflation was “too low,” but expected it to reach the Fed’s 2 percent goal within the next two years.

Newly unveiled minutes from Federal Reserve officials’ January meeting reveal growing worries over economic growth.

Major banks “pose a significant, ongoing risk to our economy,” new Minneapolis Fed President Neel Kashkari warned Tuesday.

The U.S. Federal Reserve and financial markets seem to have very different opinions about where interest rates are likely to go, and when.

Federal Reserve Chair Janet Yellen addressed a Senate committee Thursday, touching on everything from wage growth to negative interest rates.

The region's markets responded to comments from the U.S. Fed chair, which included concerns about China's economic slowdown.

All eyes will be on Federal Reserve Chair Janet Yellen as she testifies to Congress beginning Wednesday over a monetary policy path clouded by financial disquiet.

As part of the tests, large financial firms will have to show how they would withstand various economic and financial shocks.

As global markets continued to slide, policy leaders gathered in Davos, Switzerland, cautioned the Federal Reserve to keep interest rates low.

The amount included $19.3 billion that will fund federal transport infrastructure projects, the Fed data showed.

The U.S. Federal Reserve raised interest rates last month even as some officials were unsure about the move.

Stanley Fischer said concern "has eased" after the Federal Reserve tightened monetary policy in December.

Sen. Bernie Sanders in an op-ed called for an annual audit of the U.S. central bank and for fewer conflicts of interest among its board members.

Hot on the heels of the Federal Reserve, Hong Kong's central bank raised interest rates by a quarter point. Are others likely to follow too, or will many go the other way and ease monetary policy?  David Pollard reports.

Markets expected the interest-rate increase and gradual further hikes after Federal Reserve officials signaled them in recent weeks.

The Fed's decision Wednesday to raise the benchmark interest rate reflects how much the country has healed since the Great Recession.