Federal reserve

Fed nominee Herman Cain has a history of gaffes and notorious moments from his years on the campaign trail that could be hard to shake off during a Senate confirmation hearing. Here are a few of them.

The Fed has often been the target of criticism from the Trump administration, and toward the end of last year, the president had reportedly discussed firing Powell.

Janet Yellen, who was chair of the Federal Reserve until 2018, said President Donald Trump lacks economic knowledge.

U.S. stocks headed into the festive season on the back of a four-session losing streak.

The president tweeted this week that it would be "a mistake" for the Fed to raise rates and that Powell's bank is "foolish" and "crazy."

"Today everyone starts thinking of how to get rid of the dependence on the dollar," Russia's Foreign Minister Sergey Lavrov said.

"I'm doing deals, and I'm not being accommodated by the Fed," Trump said in an interview with The Washington Post on Tuesday. "They're making a mistake because I have a gut, and my gut tells me more sometimes than anybody else's brain can ever tell me."

President Trump said Thursday that he was "not happy" with the Federal Reserve's decision to raise interest rates.

Yellen's policies as the Federal Reserve chairwoman helped lower unemployment and spur the country's economic recovery after the 2008 financial crisis, but her legacy will partially depend in part on her successor, Jerome Powell.

Powell is popular within the Federal Reserve system, where he's been a governor since 2012.

Only Fed economists untouched by reality could think rising prices for consumer goods is a desirable outcome.

The Fed's upbeat assessment of the economy contrasts with Trump's belief that the nation has only begun to embark on a path of economic renewal.

The S&P 500 bank index rose 24 percent since the election, but some analysts see a market tightening.

Federal Reserve chair says an adjustment will 'likely be appropriate' after evaluating employment and inflation data.

The fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for longer-run inflation and debt problems.

'We may be moving more to a more balanced policy with what sounds like more business-friendly regulation and possibly more fiscal support,' Fed governor says.

The comments reinforced the view that the Fed could step up the pace of its rate hiking campaign if the incoming Trump administration unleashed a fiscal stimulus.

The rate increase raised the target federal funds rate 25 basis points.

With the jobless rate at a more than nine-year low, Federal Reserve is expected to raise interest rates.

The Republican presidential nominee questioning the motives of an institution whose work hinges on maintaining its independence.

Johnson and Weld make up the strongest Libertarian Party ticket ever, but will that translate into electoral votes?

The Federal Reserve kept interest rates unchanged and signaled it still planned to raise rates twice in 2016.

Report showing slowest pace of U.S. job growth in more than five years stunned investors.

Fed records show several incidents were described internally as "espionage."

Acceleration in economic growth could persuade the Federal Reserve to raise interest rates again as early as June.

As part of the Dodd-Frank legislation passed in the wake of the 2007-2009 financial crisis, banks must have "living wills."

Asian stock markets were on the backfoot after they hit a two-month high while the dollar extended its slide.

Neel Kashkari, a Goldman Sachs executive, called for Congress to take radical action to protect taxpayers.

Fears of a China-led global slowdown, along with oil's steep slide, have dampened the market's expectations for a hike.

The 2016 candidates back bill to "audit the Fed," but Democrats block it in Senate.