| 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...
| May 7, 2014
| 9:02 AM
If there's one thing Federal Reserve chairmen are sensitive to, it's timing. So when W.W. Norton chose this week to announce a forthcoming book by former Fed Chairman Ben Bernanke, which it dubs "the ultimate insider's memoir of the global financial...
| May 13, 2014
| 5:16 PM
Traders may have made up to $256 million in illicit profit by getting early word of the Federal Reserve’s decisions to loosen or tighten the money supply, according to researchers at Singapore Management University.
The researchers cited “...
| Jul 17, 2014
There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV.
| Jun 18, 2014
| 6:16 PM
The Federal Reserve seemed to give investors and the business world just about everything they wanted to hear.
The Fed endorsed the view that the sharp contraction in the first quarter was a blip: The economy has rebounded from the weather-related...
| Jun 11, 2014
| 3:42 PM
David Brat, who scored a huge political upset with his primary election defeat of House of Representatives Majority Leader Eric Cantor, is a conservative Tea Party Republican and a college professor who has written about the role of religion in economic...
| Aug 18, 2014
| 11:02 AM
Federal Reserve Chair Janet Yellen has a stubborn warning light blinking on her labor market dashboard: A group of Americans larger than Washington state's population can find only part-time work.
As Yellen heads to this week's Fed symposium in...
| Aug 1, 2014
| 4:56 PM
If Ohio's senior senator were named Sharon Brown instead of Sherrod Brown, progressives would have a plausible political pin-up and a serious alternative to the tawdry boredom of Hillary Clinton's joyless plod toward her party's presidential nomination....
| Jun 19, 2013
| 11:24 AM
WASHINGTON -- Federal Reserve policymakers said Wednesday that they would continue the central bank’s controversial bond-buying stimulus program and leave short-term interest rates near zero to help boost the economic recovery, which they said was...
| Aug 9, 2013
| 2:57 PM
WASHINGTON -- President Obama praised both Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
| Sep 18, 2013
| 12:13 PM
WASHINGTON -- Despite improvement in the labor market over the last year, central bank policymakers were not confident enough yet that the economy could handle a reduction in a key stimulus program to move ahead with a pullback this month, Federal Reserve...