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The Biden administration is also calling for banks to report on account flows to help boost tax-payment compliance.
By Laura Davison and Christopher CondonMay 20 -
An increase could help to head off the risks of an overheated economy, according to the latest meeting notes from the Central Bank.
By Craig TorresFebruary 22 -
The central bank provided little direction on when it might next raise borrowing costs, as officials grapple with the uncertainty created by a new presidential administration.
By Christopher CondonFebruary 1 -
The Fed chairwoman warned of the risks attached to waiting too long before raising rates.
By Christopher CondonNovember 17 -
Officials might wait to get a sense of the fallout before making a decision on rate increases.
By Jeanna SmialekNovember 9 -
Accelerating inflation will be a focus of next month’s meeting.
By Christopher CondonNovember 2 -
Inflation and unemployment haven't reached levels that would justify an increase in interest rates, even without risks from Britain's vote to leave the European Union, Federal Reserve Governor Daniel Tarullo said.
By Christopher CondonJuly 6 -
Britain's vote to leave the European Union will almost certainly have repercussions for the Federal Reserve -- and those could play out over days or months.
By Christopher CondonJune 24 -
Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a mixed picture of a U.S. economy where growth is picking up and job gains are slowing.
By Christopher CondonJune 15 -
The Federal Reserve chairwoman was mum about when there might be another hike, which for some suggests she's not in a hurry.
By Jeanna SmialekJune 6 -
Rates have been on hold amid market volatility and a slowdown in U.S. growth.
By Christopher CondonMay 18 -
Cleveland Fed President sees no evidence that market volatility and oils sharp decline have spilled over to the broader U.S. economy.
February 19 -
The Fed still expects to raise interest rates gradually but is prepared to postpone its plans if market turbulence proves more than a passing squall.
February 10 -
The Fed chairwoman addresses lawmakers this week with mounting speculation against another rate hike happening in March.
By Jana RandowFebruary 8 -
The January employment release could give Janet Yellen some encouragement to pull the trigger on another hike.
February 5 -
The Fed raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be "gradual" and in line with previous projections.
December 16 -
Fed Chairwoman Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher inflation, laying the groundwork for a December interest-rate increase if data hold up.
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