The Labor Department says 175,000 jobs were added last month, while the unemployment rate rose.
The Fed’s Beige Book survey of regional economic activity reflects a tough winter.
Fed Chair Janet Yellen tells senators the central bank is watching the effects of weather and Bitcoin.
There’s a saying that, if all you have is a hammer, everything looks like a nail. For decades, the Federal Reserve wielded only a hammer as it maintained monetary policy. Then, five years ago, it borrowed a screwdriver. Today, we saw a sign that the Fed won’t return the screwdriver it borrowed.
Notes from the most recent Fed meeting indicate central bankers are impressed with the economy’s performance.
As Ben Bernanke leaves the Federal Reserve, it’s not yet clear how his chairmanship will be remembered.
Seeing continued expansion of the U.S. economy, the Federal Reserve has scaled back its monthly asset purchases.
Instead of betting on the hot sectors of the coming year, stick to what’s worked.
The economy has performed better than expected lately. That’s partly because expectations were low.
The Senate Banking Committee has approved the nomination of Janet Yellen as Federal Reserve chair.