Federal Reserve

President Trump Considering Herman Cain for Federal Reserve Board Seat

Cain ran for the 2012 Republican presidential nomination but dropped out

By Jennifer Jacobs / Bloomberg January 31, 2019

The Federal Reserve Says It Will Be 'Patient' on Future Interest-Rate Hikes

U.S. stocks rallied after the announcement

By Craig Torres / Bloomberg January 30, 2019

The Fed Just Raised Interest Rates, Defying Pressure From President Trump

Policymakers signaled they may soon pause their monetary tightening campaign

By Christopher Condon / Bloomberg December 19, 2018

Critical Test Awaits Next Fed Chief

Thirty years ago this week, while the world was still wondering whether the worst stock-market crash since 1929 would lead to a 1930s-style economic bust, I wrote a column in the Wall Street Journal with...

By Alan Murray October 26, 2017

Donald Trump Thinks a Lot of Things Are Phony, Rigged, Politically Motivated Hoaxes

It's a common moment in a Donald Trump speech. The Republican presidential nominee mentions a nonpartisan institution in passing, then notes that it should not be trusted. Their research is phony. Maybe even a hoax....

By Ryan Teague Beckwith October 11, 2016

What to Know About the History of the Fed's Beige Book

It wasn't always beige

By Merrill Fabry July 13, 2016

Trump Says He Would Replace Yellen as Fed Chair

"She’s done a serviceable job”

By Victor Luckerson April 20, 2016

Janet Yellen Talks Transforming the Fed

In a TIME-exclusive interview, Yellen says she is focusing on Main Street not Wall Street and dusting off the Fed's mandate to regulate

By Rana Foroohar April 13, 2016

America's Debt Isn't the Crisis People Think

The answer from most economists may surprise you

By Jacob Davidson February 11, 2016

What the Fed's Interest Rate Increase Will Mean for You

Janet Yellen & Co. will give and take

By Ryan Derousseau / Fortune December 16, 2015

Europe Could Derail America's Economic Recovery

Central banks around the world are moving in different directions

By Rana Foroohar December 3, 2015

Why Ben Bernanke Still Believes in Wall Street

The former Fed Chair thinks America's recovery hasn't been so bad—all things considered

By Rana Foroohar October 6, 2015

Here’s What Friday’s Jobs Report Means for the Fed’s Rate Hike

The monthly numbers are important for the Fed, but the rest of us shouldn’t overreact

By Chris Matthews / Fortune October 2, 2015

Why September’s Jobs Report Was a Huge Disappointment

The report could add to the case against raising interest rates this year

By Chris Matthews / Fortune October 2, 2015

There's a New, Massive Threat to the U.S. Economy

And it's starting to concern even those who are getting rich from it

By Rana Foroohar September 28, 2015

Federal Reserve Chair Is 'Fine' After Medical Scare

She felt lightheaded and dehydrated, according to a spokesperson

By Maya Rhodan September 24, 2015

What the Fed's Interest Rate Decision Means for You

Fed Chair Janet Yellen is delivering news that the markets will like—but what does it mean for the rest of us

By Rana Foroohar September 17, 2015

Here's Why the Fed Might Not Raise Interest Rates This Week

It might not even know how anymore

By Chris Matthews / Fortune September 16, 2015

This Is Why Your Paycheck Won't Grow This Year

Private firms tend to provide a better indicator of what's happening in the real economy

By Rana Foroohar September 15, 2015

Here’s Some Good News About The Job Market

Survey suggests companies expect to raise wages

By Chris Matthews / Fortune September 10, 2015

Jobless Rate Falls to Lowest Since the Recovery Began

Yet we are seeing no recovery in wage growth or labor force participation

By Chris Matthews / Fortune September 4, 2015

Stocks Tumble on Global Growth Fears

The Dow index could see its worst trading day in more than a month

By Tom Huddleston, Jr. / Fortune August 20, 2015

The Middle Class Is Doing Worse Than You Think

It seems like everyone is concerned about economic inequality these days. A Gallup poll in January showed that more than two-thirds of Americans are dissatisfied with the way income and wealth are distributed, and politicians...

By Haley Sweetland Edwards April 8, 2015

Why You Can't Trust the Stock Market

The Fed, despite its recent pronouncements, will trigger a fall in stock prices later this year

By Rana Foroohar March 19, 2015

The Lesson America Just Won't Learn

At $57 billion, it's an expensive one

By Martha C. White March 16, 2015

Paul Gets Assist from 2016 Rivals on 'Audit the Fed' Bill

The three Republicans senators potentially running for the White House in 2016 agree on at least one thing: The Federal Reserve should be audited. Kentucky Sen. Rand Paul re-introduced a bill with Sens. Ted Cruz...

By Alex Rogers January 28, 2015

Yellen Is Concerned by Rising Economic Inequality

In a speech, Fed chief says Americans should ask whether it is compatible with their values

By Fortune October 17, 2014

The Real Truth About the Wall Street Bailouts

It happens to be the one we already know

By Michael Grunwald September 30, 2014

The Fed Is Staying the Course, and That's Great

Why boring monetary policy is good

By Michael Grunwald September 17, 2014

More Turmoil to Come, Says Global Financial Guru

Raghuram Rajan, the governor of India's central bank, fears supereasy money from the world’s central banks is inflating assets and encouraging bad investments

By Michael Schuman / Mumbai August 11, 2014

Stocks rally as Fed indicates no imminent rate change

The Dow Jones, S&P and Nasdaq all recovered from Tuesday’s downturn

By Denver Nicks May 21, 2014

Janet Yellen: The Fed's Iron Lady

Alan Greenspan would be amused, if not proud of Federal Reserve chair Janet Yellen’s testimony before Congress Wednesday about the state of the economy. The Dow had opened on the frothy side, up 75 points...

By Bill Saporito May 7, 2014

Republicans Want Us To Be Europe

The party that talks the most about the dangers of America going Continental is the one dead set on making it happen. When it comes to economics, the GOP is the party of croissants and lederhosen

By Michael Grunwald April 3, 2014

The Fed Is Right to Worry About 'Kitchen-Table Economics'

Under Federal Reserve chief Janet Yellen, community development, which has always been part of the Fed’s mandate, though an oft-neglected one, seems to be coming back in vogue

By Rana Foroohar March 31, 2014

Give Janet Yellen a Break

The naysayers have it wrong, the Fed chair is doing her job

By Michael Grunwald March 20, 2014

Markets Need Janet Yellen to Kick Them in the Pants

Poor Janet Yellen. She does a good job communicating a complicated (and appropriate) mix of policy decisions at her first FOMC meeting today, including a slightly larger and quicker than expected interest rate hike, as...

By Rana Foroohar March 19, 2014

Fed Could Raise Interest Rates Next Year

The Federal Reserve said it would keep interest rates low until at least early next year in order to encourage more borrowing and spur economic growth amid persistent unemployment and low inflation plaguing the economy

By Sam Frizell March 19, 2014

Fed Policy Has the Emerging World Lamenting the Dollar's Dominance

But the whining about tapering is unfair, too

By Michael Schuman February 28, 2014

Yellen Says Fed Can't Regulate Bitcoin

'Bitcoin is a payment innovation that's taking place outside the banking industry'

By Noah Rayman February 27, 2014

Americans Are Taking on Debt at Scary High Rates

Overall debt levels rose at the fastest rates seen since 2007, according to a new study by the Federal Reserve of New York

By Sam Frizell February 19, 2014

Even If Janet Yellen Is Wrong About the Economy, She Is Right About Fed Policy

Janet Yellen’s first testimony on Capitol Hill was a resounding success. She was poised, confident in her decisions, and clear about her intentions at the Federal Reserve. But it was not so much what she...

By Sanjay Sanghoee February 14, 2014

Janet Yellen Stays the Course Set by Bernanke

The recently-installed Fed chair gave her first testimony Tuesday morning, laying out a roadmap for the future of the U.S central bank. TIME's Rana Foroohar offers the 3 key areas that Yellen must focus on to boost the economy

By Rana Foroohar February 11, 2014

Yellen Says Fed Will Keep Pulling Back on Stimulus

Tells lawmakers she foresees continuity with predecessor Bernanke

By Dan Hirschhorn and Alex Altman February 11, 2014

Janet Yellen Sworn In To Lead Federal Reserve

Takes the helm at a crossroads for the central bank

By Sam Frizell February 3, 2014

Currency Crises Abroad Are Benefiting the U.S.

Analysts are calling them "The Fragile Five," a catchy sobriquet for five countries--Turkey, Brazil, India, South Africa and Indonesia--that have been experiencing serious turmoil in their economies and currencies in recent weeks. To one degree...

By Christopher Matthews January 30, 2014

Why the Job Numbers Are Probably Wrong

The underwhelming 74,000 jobs added in December dampens any notion of recovery, but the government will likely revise the tally in coming days, writes Bill Saporito. The total differs from a privately funded report issued last week

By Bill Saporito January 10, 2014

Federal Reserve

Fed Cuts Rates to Jolt Economy Amid Coronavirus Fears

Republicans Quietly Relieved After Stephen Moore's Withdrawal

Trump's Federal Reserve Pick Worries Economists

Former Fed Chair Says Trump Doesn't Understand Economics