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  • Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, Jan. 11, 2022. Powell said the central bank will prevent higher inflation from becoming entrenched while cautioning that the post-pandemic economy might look different than the previous expansion.Finance

    Fed plans to hike interest rates starting in March to cool inflation

    By Christopher Rugaber and The Associated Press
  • Fed Chair Jerome PowellFinance

    A study released by the Federal Reserve suggests they’re not ready to issue a digital dollar yet

    By Christopher Rugaber and The Associated Press
  • Fed Chair Jerome PowellFinance

    Federal Reserve to accelerate withdrawal of bond purchases as prices surge

    By Christopher Rugaber and The Associated Press
  • Barista working at a cafe in NYCFinance

    November jobs report disappoints as the U.S. adds just 210,000 jobs

    By Christopher Rugaber and The Associated Press
  • Federal Reserve chair Jerome PowellFinance

    Biden nominates Jerome Powell for a second term as Fed chair

    By Christopher Rugaber and The Associated Press
  • retail spending rises in octoberRetail

    Retail sales jumped 1.7% in October despite higher prices and supply chain woes

    By Christopher Rugaber and The Associated Press
  • Grocery storeFinance

    Inflation hits a 30-year high, as prices jump 6.2% in October

    By Christopher Rugaber and The Associated Press
  • Randal Quarles, vice chairman of supervision at the U.S. Federal Reserve, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, Oct. 20, 2021. The event brings together individuals with the capital, power, and influence to change the world and connects them with those whose expertise and creativity are reinventing health, finance, technology, philanthropy, industry, and media. Photographer: Kyle Grillot/BloombergFinance

    Randal Quarles to resign from Federal Reserve board in December

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Chair Jerome PowellFinance

    Federal Reserve Chair Jerome Powell: ‘Pandemic recession has particularly hurt women’

    By Christopher Rugaber and The Associated Press
  • White House Deputy Press Secretary Karine Jean-Pierre speaks about unemployment during the daily briefing in the Brady Briefing Room of the White House in Washington, DC on November 4, 2021. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Politics

    U.S. employment rate rebounds in October with 531,000 new jobs

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing Thursday, Sept. 30, 2021, on Capitol Hill in Washington. (Sarah Silbiger/Pool via AP)Finance

    Federal Reserve to start tapering bond purchases as inflation risk rises

    By Christopher Rugaber and The Associated Press
  • Text reading Now Hiring in window of restaurant in San Ramon, California, August 21, 2021. (Photo by Smith Collection/Gado/Getty Images)Finance

    Unemployment claims fall for a third straight week to 290,000

    By Christopher Rugaber and The Associated Press
  • A now hiring sign sits on a display in a clothing store Saturday, Oct. 9, 2021, in Sioux Falls, S.D. (AP Photo/David Zalubowski)Finance

    Unemployment claims fall to a pandemic low 293,000

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act on Capitol Hill, Tuesday, Sept. 28, 2021 in Washington. Powell is defending the ultra-low interest rate policies he has pursued since the pandemic decimated the economy more than 18 months ago. He acknowledges, however, that inflation has stayed higher for longer than he expected. (Kevin Dietsch/Pool via AP)Finance

    Federal Reserve: taper on bond purchases may begin in November or December

    By Christopher Rugaber and The Associated Press
  • This Tuesday, Oct. 12, 2021, photo shows a Social Security card in Tigard, Ore. (AP Photo/Jenny Kane)Finance

    Millions of Social Security recipients will get a 5.9% boost in benefits next year

    By Ricardo Alonso-Zaldivar, Christopher Rugaber, and others