federal reserve

The Federal Reserve right now is debating whether its economic stimulus program should continue or be curtailed, and their decision may have a deep impact on growth.

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Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer -- if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.

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The Federal Reserve says some 96,000 borrowers who received checks to compensate them for wrongful foreclosures on their mortgages will be getting an additional check to correct for errors in the initial payment.

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The Federal Reserve is warning America's political leaders that their policies are hurting the economy.

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The Federal Reserve says the economy is getting better, but keeping interest rates low will continue to be on the menu for the economic recovery.

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Strong auto sales, better hiring and a continued housing recovery helped the U.S. economy grow in January and February throughout the country, according to a survey released Wednesday by the Federal Reserve.

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The Federal Reserve says growth "paused" in recent months and reaffirmed its commitment to boost a sluggish U.S. economy by keeping borrowing cheap for the foreseeable future.

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The Federal Reserve sent its clearest signal to date Wednesday that it will keep interest rates super-low to boost the U.S. economy even after the job market has improved significantly.

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The Federal Reserve said Wednesday that the U.S. economy is improving only moderately and still needs its support to help lower unemployment.

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Federal authorities in Philadelphia say an airport baggage handler has been charged with stealing $20,000 in a new type of $100 bill never released to the public.

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