[WASHINGTON] Historically low unemployment and signs of rising inflation mean there is a "strong" case for continued, steady interest rate hikes, US Federal Reserve Chairman Jerome Powell...

THE US jobs market does not appear overly tight, and the Federal Reserve should continue with a gradual pace of interest rate rises amid a strong economy to balance its employment and inflation goals...

[NEW YORK] Harsher Federal Reserve stress tests this year won't stop US banks from increasing their payouts to shareholders...

[WASHINGTON] The US central bank on Tuesday opened a two-day policy meeting that markets overwhelmingly expect will produce the second interest rate hike of the year.

[WASHINGTON] US household wealth topped the US$100 trillion mark for the first time ever in the first quarter of 2018, the US Federal Reserve said on Thursday.

[WASHINGTON] The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labour market conditions.

[WASHINGTON] Trade uncertainties continue to cast a shadow on US businesses, but firms remain largely upbeat even amid a labour shortage that has forced more to raise wages, the Federal Reserve...

[NEW YORK] The Federal Reserve took a first step on Wednesday to soften a key rule enacted after the 2008 financial crisis to limit high-risk trading by banks.