U.S. Federal Reserve

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FILE - In this May 22, 2020, file photo, the Federal Reserve building is viewed in Washington. Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come. (AP Photo/Patrick Semansky, File)

Text of the Fed’s statement after its meeting Wednesday

Associated Press

Federal Reserve to meet after sharp changes to its outlook

By CHRISTOPHER RUGABER - Associated Press

FILE - In this July 18, 2012, file photo, credit logos are displayed on a downtown storefront as a pedestrian passes in Atlanta. U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavirus pandemic had sent consumer borrowing down sharply in the previous three months, the Federal Reserve reported Tuesday, Sept. 8, 2020. (AP Photo/Ashley Hopkinson, File)

Consumer borrowing follows June gain with 3.6% rise in July

By MARTIN CRUTSINGER - Associated Press

Power of the Federal Reserve Illustration by Greg Groesch/The Washington Times

Massive federal deficits risk America’s financial independence and dollar’s global dominance

By Peter Morici

Store closing signs are shown on a Stein Mart store Sunday, Aug. 30, 2020, in Salt Lake City. The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus. The Fed report made public Wednesday, Sept. 2, said that a theme echoed across the country is the continued uncertainty stemming from the pandemic and its negative effect on consumer and business activity.(AP Photo/Rick Bowmer)

Fed survey finds widespread pessimism about economic future

By MARTIN CRUTSINGER - Associated Press

FILE - In this June 30, 2020, file photo Federal Reserve Board Chairman Jerome Powell, reflected in the sneeze guard set up between himself and members of the House Committee on Financial Services, speaks during a hearing on oversight of the Treasury Department and Federal Reserve pandemic response on Capitol Hill in Washington. With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers. Lawmakers are pressing the central bank to deliver more aid to struggling small and mid-sized businesses. (Bill O'Leary/The Washington Post via AP, Pool)

Too risky? Fed pressed to expand aid to some businesses

By MARCY GORDON - Associated Press

In this March 3, 2020, file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. (AP Photo/Jacquelyn Martin, File)

Fed: Rates to stay ultra-low even after inflation picks up

By Martin Crutsinger - Associated Press

In this June 30, 2020, file photo, Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. (Tasos Katopodis/Pool via AP) ** FILE **

Powell edges toward loosening the Fed’s stance on inflation

By Martin Crutsinger - Associated Press

Fed officials worried about withdrawal of government support

By CHRISTOPHER RUGABER - Associated Press

FILE - In this Nov. 25, 2019 file photo Federal Reserve Bank of Boston President Eric Rosengren, left, speaks during a round table discussion at Silver Lane Elementary School, in East Hartford, Conn. Rosengren said in remarks delivered online Wednesday, Aug. 12, 2020, that states in the South and West that allowed their businesses to reopen after short shutdowns saw an initial burst of economic activity. But spikes in infection rates soon followed and those states’ economies are now lagging those in the Northeast as consumers have become more cautious. (AP Photo/Steven Senne, file)

Boston Fed chief: States’ rush to reopen slowed US recovery

By CHRISTOPHER RUGABER - Associated Press

Fed official defends slow start to Main Street loan program

By MARTIN CRUTSINGER - Associated Press

US consumer borrowing up in June after 3 months of declines

By MARTIN CRUTSINGER - Associated Press

Fed’s Main Street pandemic support program off to slow start

By MARTIN CRUTSINGER and CHRISTOPHER RUGABER - Associated Press

Fed should address racial gaps in jobs, income, Dems propose

By CHRISTOPHER RUGABER - Associated Press

Text of the Fed’s statement after its meeting Wednesday

Associated Press

FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy. No major changes are likely when the Fed releases a statement Wednesday, July 29, after its two-day policy meeting ends and just before Powell holds a news conference. (AP Photo/Jacquelyn Martin, File)

Fed sees dim economic outlook as virus squeezes economy

By CHRISTOPHER RUGABER - Associated Press

Fed extends lending programs as pandemic’s impact lengthens

By CHRISTOPHER RUGABER - Associated Press

FILE - In this June 30, 2020 file photo, Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations. The Fed said Friday, July 17, that its Main Street Lending Program, which is targeted to mid-sized businesses, will now extend credit to nonprofits with at least 10 employees and endowments of less than $3 billion. (Tasos Katopodis/Pool via AP, File)

Fed wrestles with its next moves as virus stalls US economy

By CHRISTOPHER RUGABER - Associated Press

FILE - In this Feb. 13, 2020 file photo, President Donald Trump's nominee to the Federal Reserve, Judy Shelton, appears before the Senate Banking Committee for a confirmation hearing, on Capitol Hill in Washington. In a shift, the Senate Banking Committee is likely to back President Donald Trump's unconventional nomination of Shelton for the Federal Reserve's Board of Governors in a party-line vote Tuesday, July 21. (AP Photo/J. Scott Applewhite, File)

Senate panel approves Trump’s controversial Fed nominee

By CHRISTOPHER RUGABER - Associated Press

FILE - In this June 30, 2020 file photo, Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations. The Fed said Friday, July 17, that its Main Street Lending Program, which is targeted to mid-sized businesses, will now extend credit to nonprofits with at least 10 employees and endowments of less than $3 billion. (Tasos Katopodis/Pool via AP, File)

Federal Reserve expands lending program to nonprofit groups

By CHRISTOPHER RUGABER - Associated Press