| Oct 9, 2013
| 5:57 PM
WASHINGTON — The Federal Reserve appeared poised a few weeks ago to start pulling back on its unprecedented support for the economy, but surprisingly stopped short out of fear the recovery still was too fragile.
That was before the budget...
| Oct 10, 2013
Congress has spent much of the last three years stumbling about like a traveler who's lost his map, with no coherent strategy for bolstering the weak economy or putting more jobless Americans back to work. Meanwhile, the Federal Reserve has worked...
| Oct 11, 2013
| 6:41 AM
WASHINGTON -- A conservative group has launched a campaign to stop Janet L. Yellen from becoming the next head of the Federal Reserve, arguing her confirmation would lead to an expansion of easy money policies that would cause prices to soar.
| Oct 23, 2013
| 6:03 AM
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
| Oct 25, 2013
For months it was a matter of intense speculation: Who would President Obama nominate to chair the Federal Reserve? Now that he has named Janet Yellen, currently the Fed's vice chair and an exceptionally well-qualified candidate, maybe we can move on to...
| Oct 28, 2013
Fed Chairman Ben S. Bernanke could not have been more precise about the projected cutbacks in the monthly $85-billion bond-buying program. He said in December that the Fed would continue the program until the national unemployment rate fell to 6.5%. And...
| Oct 28, 2013
| 7:31 AM
WASHINGTON -- The Senate Banking Committee expects to hold a confirmation hearing in November on Janet L. Yellen's nomination to be the next head of the Federal Reserve as supporters try to get her formally in place before current Fed chief Ben S....
| Oct 29, 2013
| 5:00 AM
WASHINGTON — The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions — fast approaching $4 trillion — that some worry the central...
| Oct 30, 2013
| 11:11 AM
Russian President Vladimir Putin is the most powerful person in the world, outflanking President Obama, whose authority was damaged by the recent government shutdown and budget crisis, Forbes magazine reported Wednesday in its annual rankings of global...
| Oct 30, 2013
| 5:58 PM
WASHINGTON — The Federal Reserve kept intact its large-scale campaign to stimulate the economy, saying it was awaiting more evidence of sustainable progress in the recovery.
Although the Fed's decision Wednesday to hold the line on its monthly...
| Jul 29, 2013
| 7:19 AM
WASHINGTON -- President Obama said his pick for the next head of the Federal Reserve would need to focus on both parts of the central bank's dual mandate -- keeping inflation in check and promoting maximum employment -- while helping improve the lives...