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Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)

Sen. Warren calls for greater transparency into Federal Reserve nominee’s financial holdings

By Christopher Rugaber and Joey Cappelletti - Associated Press

Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, on Wednesday, June 14, 2023, at the Federal Reserve Board Building in Washington. (AP Photo/Jacquelyn Martin, File)

Fed’s Powell: More rate hikes are likely this year to fight still-high inflation

By Christopher Rugaber - Associated Press

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, on March 3, 2022 on Capitol Hill in Washington. The Senate Banking Committee approved Powell's nomination to a second four-year term as chair of the Federal Reserve on Wednesday, March 16, 2022, just hours after the Fed began what will be a difficult effort to combat inflation. (Tom Williams/Pool Photo via AP)

Fed signals more aggressive steps to fight inflation

By Christopher Rugaber - Associated Press

FILE - This May 22, 2020, file photo shows the Federal Reserve building in Washington. A Federal Reserve survey of business conditions around the country has found that the U.S. economy grew at a “slight to modest” pace in September 2020 and early October. (AP Photo/Patrick Semansky, File)

Federal Reserve expands Main Street program to smaller firms

By CHRISTOPHER RUGABER - Associated Press

Fed official defends slow start to Main Street loan program

By MARTIN CRUTSINGER - Associated Press

FILE - In this June 30, 2020 file photo, Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington. The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations. The Fed said Friday, July 17, that its Main Street Lending Program, which is targeted to mid-sized businesses, will now extend credit to nonprofits with at least 10 employees and endowments of less than $3 billion. (Tasos Katopodis/Pool via AP, File)

Federal Reserve expands lending program to nonprofit groups

By CHRISTOPHER RUGABER - Associated Press

FILE - This Dec. 24, 2018, file photo shows the Federal Reserve building during a partial government shutdown in Washington. The Federal Reserve said Thursday, April 23, 2020, that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress. (AP Photo/Manuel Balce Ceneta, File)

Fed enters a risky new world with ‘Main Street’ loan program

By CHRISTOPHER RUGABER - Associated Press

In this Jan. 29, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference in Washington. (AP Photo/Manuel Balce Ceneta, File) ** FILE **

Fed signals it will likely hold rates near zero for months

By Christopher Rugaber - Associated Press

Federal Reserve Chair Jerome Powell pauses during a news conference, Tuesday, March 3, 2020, while discussing an announcement from the Federal Open Market Committee, in Washington. In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus &quot;poses evolving risks to economic activity.&quot; (AP Photo/Jacquelyn Martin)

AP Explains: What did the Federal Reserve do Sunday and why?

By CHRISTOPHER RUGABER - Associated Press

President Donald Trump speaks during a briefing about the coronavirus in the James Brady Press Briefing Room of the White House, Sunday, March 15, 2020, in Washington. (AP Photo/Alex Brandon)

Federal Reserve slashes interest rates, eases banking rules

By Dave Boyer and Gabriella Muñoz - The Washington Times

In this Dec. 11, 2019, file photo Federal Reserve Chair Jerome Powell arrives to speak at a news conference after the Federal Open Market Committee meeting in Washington. (AP Photo/Jacquelyn Martin, File)

Fed leaves key rate alone but sees virus among global risks

By Christopher Rugaber - Associated Press

Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin) **FILE**

Fed cuts interest rate by quarter-point; first cut since 2008

By Dave Boyer - The Washington Times

Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)

Fed cuts key rate in its first reduction in more than decade

By MARTIN CRUTSINGER - Associated Press

FILE - In this March 26, 2019 file photo, an evening commuter is silhouetted against the glistening New York City skyline at sunset as he walks along Hudson River shoreline in Jersey City, N.J. On Wednesday, April 17, the Federal Reserve releases its latest &quot;Beige Book&quot; survey of economic conditions. (AP Photo/J. David Ake, File)

Fed sees moderate growth but problems in trade and floods

By MARTIN CRUTSINGER - Associated Press

FILE - In this Dec. 19, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington DC. With the Federal Reserve considered sure to leave interest rates unchanged Wednesday, investors will be looking to hear Powell sound a reassuring theme that a pause in the Fed’s rate hikes could last a while. (AP Photo/Susan Walsh, File)

Fed sees low rates well into future and excites Wall Street

By MARTIN CRUTSINGER - Associated Press

Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen)

Fed officials express caution about pace of future hikes

By MARTIN CRUTSINGER - Associated Press

FILE- In this June 14, 2018, file photo, Federal Reserve Board Chairman Jerome Powell, left, and Vice Chair Randal Quarles listen during an open meeting in Washington. The Federal Reserve has given the OK to 32 of the 35 biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. (AP Photo/Cliff Owen, File)

Fed gives OK to 32 of 35 biggest US banks to raise dividends

By MARCY GORDON - Associated Press