While economic indicators are mostly good, the Fed official said there were some signs of "overheating"
The Fed chairman told a South Carolina Republican that the central bank will maintain its independence despite recent jabs from the president
The Senate Banking Committee voted today to send Janet Yellen's nomination as Fed chair to the full Senate for confirmation.
Janet Yellen’s fight to be confirmed as the next head of the Federal Reserve got a little easier Wednesday when Republican Sen. Bob Corker announced he would support her.
With rates continuing to creep upward, mortgage applications dropped again last week.
Activity was down in the mortgage market last week as a result of spiking interest rates.
A White House spokesman says President Obama is confident that his pick to head the Federal Reserve will be confirmed despite some Republican grumblings.
Stronger-than-expected economic data pushed rates higher for the second week in a row this week.