After a grim start to 2014, the economy has rebounded with vigor, but whether the Fed will raise interest rates sooner than expected remains unclear.
The Fed presses ahead with its plan to wind down its bond-buying stimulus, while reaffirming it is in no rush to raise interest rates.
An improving economy could force the Fed to shift into rate hiking gear sooner than it would like, some Fed watchers say.
Fed Chair Janet Yellen will have some good news to tell Congress about the health of the labor market. But lawmakers will likely want to hear more.
The Federal Reserve's controversial bond buying program also known as quantitative easing is gearing up for its finale.
Fed Chair Janet Yellen wants to see wages climb at a faster clip, but she'll have to fend off policymakers who fear that could cause inflation to surge.
The Federal Reserve slashed its forecast for U.S. economic growth this year, but expressed confidence the recovery was largely on track.
The Fed will likely approve a fifth cut in its monthly bond purchases on Wednesday, because the job market has steadily strengthened.
Employers maintained a solid pace of hiring in May, returning employment to pre-recession levels and suggesting the economy has shaken off its winter slump.
Federal Reserve Governor Jerome Powell says he wants to see signs that the U.S. economy is tightening up before interest rates could be raised.
The Federal Reserve has begun to discuss the tools it could use to finally pull back the extraordinary stimulus it's provided the U.S. economy since 2008.
The Fed will likely bring its bond-buying program to an end in October, and only then will it weigh when to raise interest rates, a top Fed official says.
Signs that the U.S. economy is emerging from a deep winter freeze have raised hopes that hiring accelerated in April.
Fed officials looks past a dismal reading on first quarter U.S. economic growth and announces a cut in its massive bond-buying stimulus.
Federal Reserve policymakers are set to continue paring their massive bond-buying stimulus, but can they tackle the more difficult decisions that lie ahead.
U.S. employers maintained a solid pace of hiring for a second straight month in March, further evidence the economy was shifting into higher gear after a brutally cold winter.
The U.S. economy likely created jobs at the fastest pace in four months in March as it shifted into a higher gear after being held back by a brutally cold winter.
The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official says, offering a bullish view on the country's economy.