Janet Yellen is the perfect choice to tackle the worst economic crisis in a century, and the problems that lie beyond.
While Trump's nominee to join the Fed favors returning to the gold standard, an economist explains why the US and the rest of the world abandoned it in the first place.
There's more to that Coronavirus. Even before it, businesses weren't keen to invest.
Inflation has been low, but if the Fed isn't careful, keeping rates too low, too long could lead to runaway inflation.
The economic status of Black Americans hasn't changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?
The Trump administration has revised CDC health guidelines and undermined its own experts, making it harder for science to prevail over politics in US's coronavirus strategy.
US stocks have nearly erased much of their coronavirus losses even as many Americans continue to suffer from the pandemic's impact.
The Fed is spending up to US$2.3 trillion to help save the U.S. economy from the coronavirus recession. But where does all that money come from?
Like Congress with its $2 trillion bailout, the Fed is engaged in an unprecedented effort to save the US economy and financial system from collapse.
We're running out of interest rates to cut to keep the economy from sinking. Before the next recession occurs, we need to come with an effective approach to monetary policy.
Plunging stocks have triggered rarely used 'circuit breakers’ that temporarily halt trading. A finance scholar explains what they are and the costs of shutting down markets.
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
The Fed and Congress have little ammunition available for fighting an economic downturn if COVID-19 triggers one.
The US Fed's surprise rate cut might not achieve a lot. But it definitely sends a message the COVID-19 virus crisis is a really big deal.
The Fed cut interest rates by half a percentage point in hopes of calming investors. A finance professor explains why it seems to have failed.
Volcker's legacy involves more than fighting inflation – he showed why central banks need to remain free of meddling from politicians, including the president.
The Fed cut rates for the third time in as many months – something practically unheard of in a strong economy.
The US economy may be in worse shape than it seems.
An economist unravels the seeming contradiction between stocks flirting with all-time highs and growing fears of a recession.
Donald Trump has had four of his nominations for the US Federal Reserve rejected. Now he has another two.