It is easy to recall the 1980s as being a boom time for the United States economy — a time of gleaming excess that, among other things, powered Ronald Reagan to a landslide reelection in 1984.

How the 2020s economy could resemble the 1980s

The United States Federal Reserve said that it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the US central bank copes with a surge of inflation.

US Federal Reserve signals three rate hikes in 2022 as inflation fight begins

President Joe Biden nominated Jerome Powell to serve a second term as chair of the US Federal Reserve, allowing him to lead the response to the economic damage caused by Covid-19 while dealing with a wave of record inflation.

Joe Biden: Jerome Powell 'right person' to lead federal reserve

President Biden has a chance to overhaul the stale culture of central banking. President Biden will soon have an opportunity to appoint two new members of the Federal Reserve’s Board of Governors and renew or replace the chair and vice-chair.

Biden needs to diversify the fed’s leadership

US Federal Reserve has held its key interest rates near zero and said it plans to continue supporting economic recovery. Fed is maintaining the policies until the economy heals further from the effects of COVID-19 pandemic.

World Business Watch: Powell waves inflation worries away as Fed holds rates near zero

The Federal Reserve's rate-setting committee began meeting Wednesday, a spokesperson said, hours after polls closed in the US presidential election which remains undecided.

Federal Reserve begins meeting as US vote yet to be decided

The Federal Reserve's policy setting committee meets this week at a turbulent time: one day after voters head to the polls in the deeply uncertain US presidential election.

Fed in holding pattern amid tense US election

Government spending will be "essential" to help struggling Americans weather the downturn caused by the coronavirus pandemic, Federal Reserve Governor Lael Brainard said Tuesday.

US government aid 'essential' to weather downturn: Federal Reserve Governor

The central bank will tolerate an inflation rate that exceeds its 2% target for an extended period before raising interest rates.

Federal reserve is taking a new approach to inflation

A top Federal Reserve said on Sunday that US Congress is in position to spend a huge amount on coronavirus relief efforts because the nation's budget gap can be financed without relying on foreign borrowing, given how much Americans are saving.

US Congress in position to spend big on coronavirus relief: Federal Reserve official

Shortage of coins is being witnessed in banks across the United States amid coronavirus crisis, which has forced the American Federal Reserve to ration the distribution and work with the US mint to boost the supplies.

United States witnesses shortage of coins amid coronavirus pandemic

The growing economic crisis amid the global coronavirus pandemic has led the Federal Reserve to announce drastic emergency measures. To shore up confidence and to keep the financial sector running, the Federal Reserve has slashed the key interest rate to virtually zero.

US Federal Reserve announces emergency measures amid coronavirus-triggered slowdown

The Bank of Japan was "ready to cut interest rates in negative areas" as it became the first G7 central bank to follow the Federal Reserve's weekend intervention.

Bank of Japan eases its credit policy to stem economy after Fed reserve slashes interest rates

Emergency action has been taken to support the economy during the Coronavirus epidemic, the Federal Reserve announced on Sunday that it would cut its target interest rate to near zero.

Federal reserve slashes interest rates to zero amid global economy crisis

Amid coronavirus outbreak, US stocks and bond yields tumbled on Tuesday, after the Federal Reserve lowered its benchmark interest rate by 0.5 percentage point, to a target range of 1.00% to 1.25%. The yield on the 10-year Treasury note briefly dropped below 1%, a record low.

US Fed rates cut by 0.5% to a target range of 1% - 1.25%

At a glance, the Federal Reserve has set a high bar for any change in interest rates this year: A "material reassessment" of the economic outlook would be required as set forth by the US central bank chief Jerome Powell.

For US Fed, 'material reassessment' may be in eye of beholder

Paul Volcker, the towering former Federal Reserve chairman who tamed US inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92, according to the New York Times, which quoted his daughter.

Former Federal Reserve Chief Paul Volcker dead at 92

President Donald Trump once again attacked the United States Federal Reserve on Thursday, calling for more interest rate cuts to stimulate the American economy just days before the key policy meeting.

Trump again attacks Federal Reserve, says central bank 'derelict in its duties'

Asian equities were mixed Wednesday, with attention turning to the Federal Reserve's key policy decision later in the day, while investors remain on alert for developments in the Middle East after the attack on Saudi oil facilities rocked markets.

Asian markets mixed ahead of key Fed meeting, oil drops again

President Donald Trump attacked the Federal Reserve again Thursday for not "acting quickly" like its European counterpart to provide stimulus to the US economy. After the European Central Bank unveiled a massive stimulus program earlier Thursday, Trump said on Twitter, "They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting US exports.

Trump criticises Federal Reserve for not 'acting quickly' as European Central Bank

President Donald Trump wants US "interest rates down to zero, or less," he tweeted Wednesday amid widespread expectations that the Federal Reserve will cut rates later this month.

Bring interest rates down to zero, or less: Trump to Federal Reserve

Oil prices clawed back the previous day's losses on Friday, with Brent nudging above $60 a barrel, as tighter supplies from key producers offset slowing demand growth while investors await clues from the Federal Reserve on US monetary policy.

Oil prices eke out small gains ahead of Federal Reserve Chair Jerome Powell speech

Asian shares struggled to make any headway on Friday as weak US manufacturing activity and uncertainty over how much further the Federal Reserve would cut rates added to the general air of caution in markets buffeted by global growth fears.

Asian stocks shaky before Fed Chairman Jerome Powell's speech as growth woes weigh

Oil rose further above $60 a barrel on Thursday, supported by a drop in US crude inventories and OPEC-led supply cuts, although worries about the global economy weighed.

Oil steadies above $60 over OPEC supply cuts, global slowdown worries

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