Fed

By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly large jump in U.S. consumer …

By Davide Barbuscia NEW YORK -The U.S. Federal Reserve should stop buying bonds immediately to contain rampant inflation, a top investment manager at BlackRock said on Thursday, joining a chorus …

By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices ramped up expectations for how …

By Howard Schneider – The U.S. Federal Reserve, responding to a Freedom of Information Act request by Reuters, said there are about 60 pages of correspondence between its ethics officials and …

WASHINGTON – White House press secretary Jen Psaki defended Federal Reserve Board nominee Sarah Bloom Raskin on Monday as a qualified nominee amid criticism from conservatives that she is a …

PRINCE WILLIAM, VA – Virginia mom Merianne Jensen says those who support continued mask mandates for children in public schools will find out they are on the wrong side of …

By Rodrigo Campos and Marc Jones NEW YORK/LONDON – Developing world investors, buffeted by various “taper tantrums” over the last decade, are now nervously watching as the rainmaker of global …

– Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at the U.S. central bank while his renomination by U.S. President Joe Biden awaits Senate …

By Ann Saphir and Howard Schneider – Bigger-than-expected U.S. job gains last month are fueling market bets that the Federal Reserve will kick off its interest rate hikes in March …

Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to the central bank’s mission. The …

By Ann Saphir and Lindsay Dunsmuir – The Federal Reserve’s inflation fight should be its top priority, President Joe Biden’s nominees to the central bank’s Board of Governors told lawmakers …

By Pete Schroeder and Hannah Lang WASHINGTON -Sarah Bloom Raskin, President Joe Biden’s pick to be the Fed’s top bank regulator, told U.S. lawmakers on Thursday that she believes banks …

Chris Brunet on February 2, 2022 Three of President Joe Biden’s picks to regulate the banking industry will be grilled in front of the Senate on Thursday amid partisan tensions …

NEW YORK – Lisa Cook, one of President Joe Biden’s nominees to serve on the Federal Reserve board, defended her academic record and professional experience during a Senate confirmation hearing …

By Jonnelle Marte NEW YORK -One of President Joe Biden’s nominees for the Federal Reserve’s Board of Governors received a key Republican endorsement on Thursday when the ranking member of …

By Ann Saphir and Jonnelle Marte – U.S. President Joe Biden’s nominees to the Federal Reserve Board came out swinging against high inflation on Wednesday, saying rising prices pose a …

By Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will reign supreme for at least another 3-6 months, a Reuters poll of strategists found, saying it will take …

By Andrea Shalal WASHINGTON – After an earlier nominee for a top U.S. banking regulation post was torpedoed, White House officials are determined not to let it happen again and …

By Ann Saphir and Howard Schneider – In the summer of 2005, Philip Jefferson spent several weeks learning from fellow Swarthmore College professor Amy Vollmer how to genetically engineer bacteria …

Chris Brunet on February 2, 2022 President Joe Biden’s latest nominee to regulate the banking industry blocked the Senate Banking GOP Twitter account in advance of her confirmation hearing on …

WASHINGTON – President Joe Biden’s bid to put his mark on the U.S. Federal Reserve faces a key test in two weeks time when the U.S. Senate Banking Committee votes …

WASHINGTON – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the current bout of price increases under control, Atlanta Fed president …

Chris Brunet on January 31, 2022 President Joe Biden’s nominee to regulate the banking industry has previously expressed support for economic reparations to black Americans, Fox Business reported Monday. Lisa …

A large coalition of state financial officers announced their opposition to one of President Joe Biden’s top nominees for the Federal Reserve over her “radical” policy positions. Sarah Bloom Raskin …

By Jeff Mason and Andrea Shalal WASHINGTON -White House press secretary Jen Psaki on Monday rejected concerns that Sarah Bloom Raskin would be unable to maintain independence at the Federal …