| May 21, 2014
| 6:25 PM
Stanley Fischer, the former Bank of Israel head picked by President Obama for the No. 2 job at the Federal Reserve, won Senate confirmation Wednesday to become a member of the Fed's board of governors.
The 68-27 vote in favor of Fischer means he will...
| Feb 21, 2014
| 5:35 PM
WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead.
What was clear to them as they gathered for a regularly scheduled...
| Feb 25, 2014
| 11:03 AM
After eight years at the Federal Reserve, Ben Bernanke might have been ready for a vacation. But it's been less than a month since he stepped down as chair, and he's announced he's been planning a memoir. He expects to meet with publishers in the next...
| Feb 27, 2014
| 5:29 PM
WASHINGTON — The Federal Reserve is trying to figure out how much of the recent economic slowing was caused by the harsh winter weather, a determination that could prompt it to reconsider how fast it pulls back on its key economic stimulus.
| Mar 7, 2014
| 12:35 PM
Bitcoin fanciers should count themselves lucky that the entire world press has become obsessed with the cabaret over whether a 64-year-old Temple City software engineer is the Satoshi Nakamoto, the fabled mysterious/pseudonymous inventor/inventors of...
| Mar 19, 2014
| 5:00 PM
WASHINGTON — With the economy slowly improving, Federal Reserve officials are shifting their efforts from stimulating the recovery to restoring normal monetary policy — although new Chairwoman Janet L. Yellen tried to stress that day remains...
| Mar 21, 2014
The Federal Reserve said again this week that it didn't foresee raising short-term interest rates any time soon, although it did so in an official statement that was more vague than its previous pronouncements. Then new Fed Chairwoman Janet Yellen gave...
| Nov 13, 2013
| 7:16 AM
WASHINGTON -- Former Treasury Secretary Lawrence H. Summers, who was the perceived front-runner to be the next Federal Reserve chief until he pulled out in the face of liberal opposition, predicted Wednesday that nominee Janet L. Yellen would be a...
| Dec 11, 2013
| 8:12 AM
WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said.
Developing nations saw their borrowing costs...
| Oct 9, 2013
| 1:20 PM
WASHINGTON -- President Obama on Wednesday announced the nomination of Janet L. Yellen to be the first woman head of the Federal Reserve, calling her "one of the nation's foremost economists and policymakers" who would be a champion for American workers....
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....