The announcement came after a meeting of the central bank’s governing body
“The law clearly gives me a four-year term, and I intend to serve it,” says central bank head
The Fed help off on hiking rates at its last meeting - but minutes from that meeting indicate that another rate hike may be on the way soon
A large proportion of loans Wells Fargo sold prior to the financial crisis didn't meet the bank’s own quality standards, authorities say
The Federal Reserve announced the decision after a meeting of its board of governors
Fed Chair Jerome Powell says that the economy justifies further rate increases this year
With interest rates rising, borrowers in some markets can save thousands by shopping around