Economy

He plans to stay at the central bank after his term as chair expires in May, at least until the Justice Department investigation into Fed renovations is complete.

A key measure of U.S. inflation was tame at the start of the year, but another metric may paint a very different picture.

The year-over-year CPI was 2.5%, the lowest in nearly five years.

"You're never going to completely change the narrative with one report, but I think it does call into question just how firm is that stabilization?"

Last week, initial claims for umemployment benefits came in slightly below forecast.

After minuscule job growth last year, companies hired more workers last month than in any month since July.