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  • Jeanna Smialek

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As Omicron Threat Looms, Inflation Limits Fed’s Room to Maneuver

The central bank has spent years guarding against economic blows. Now it is in inflation-fighting mode, even as a potential risk emerges.

Supply Chain Shortages Help a North Carolina Furniture Town

The furniture capital of the state is ground zero for inflation, labor shortages, hot demand and limited supply. It’s debating how to cope.

Lael Brainard is Tapped For Vice Chair of the Federal Reserve

The longtime Washington insider is now the central bank’s No. 2. That could give her more bandwidth to influence policy.

Biden Will Keep Jerome Powell as Federal Reserve Chair

The White House returned to a longstanding pattern in which presidents reappoint the same leader of the Federal Reserve regardless of partisan identity.

Inflation Sped up in October, Economists Expect

After moderating slightly in recent months, inflation is forecast to pick up again. That is bad news for President Biden and the central bank.

The Fed warns of social media ‘echo chambers’ that pump up meme stocks.

A Federal Reserve report found the financial system showed broad signs of resilience, but it suggested so-called meme stocks could pose some risks.

Randal Quarles, formerly the Fed’s vice chair for supervision, will leave the central bank at the end of December.

Mr. Quarles’s term as a governor could have stretched until 2032. His departure will give the Biden administration more room to remake the Fed.

Labor force participation is static, a conundrum for the Fed.

Federal Reserve officials want to know where things stand in the job market’s recovery. It’s tricky to guess that, with so many workers on the...

Workers' Pay Is in a Tug of War With Inflation

In the tug of war between wage growth and rising prices, it is not yet clear who is winning. It could matter for the Fed.

Federal Reserve Announces Plan to Slow Bond Buying Program

The Federal Reserve is dealing with high inflation at a time when millions of workers remain on the job market’s sidelines.