| Mar 4, 2014
| 7:42 AM
Although the Federal Reserve has been criticized for its unprecedented efforts to fight the 2008 financial crisis, former Fed chief Ben S. Bernanke said Tuesday the central bank could have done more.
"Although we have been very aggressive, I think on...
| Feb 13, 2014
| 8:07 AM
A five-week decline in fixed mortgage rates has ended, with Freddie Mac’s survey showing the 30-year home loan averaged 4.28% early this week, up from 4.23% a week ago.
The 15-year fixed-rate mortgage was unchanged at an average of 3.33%,...
| Feb 17, 2014
| 4:30 PM
WASHINGTON — Brutal winter weather contributed to a downturn in job growth and other economic data, raising questions about the strength of the recovery and testing the Federal Reserve's resolve in unwinding its key bond-buying stimulus program....
| Feb 21, 2014
| 8:24 AM
WASHINGTON -- The Federal Reserve on Friday released transcripts of its 2008 meetings when central bank policymakers were grappling with the financial crisis.
The transcripts from official Federal Open Market Committee sessions are made public after...
| 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 3, 2014
| 7:13 AM
WASHINGTON -- Ben S. Bernanke, whose eight-year tenure as Federal Reserve chair ended Sunday, will join the Brookings Institution think tank as a distinguished fellow in residence.
The news came Monday as his replacement, Janet L. Yellen, was sworn in...
| Feb 11, 2014
| 6:15 AM
La nueva presidenta de la Reserva Federal (Fed), Janet Yellen, garantizó hoy la "continuidad" de la política monetaria de su predecesor, Ben Bernanke, y habló de la posibilidad de nuevos recortes "comedidos" en las compras de bonos si la economía del país...
| Feb 11, 2014
| 5:39 PM
WASHINGTON — The Federal Reserve's new leader, Janet L. Yellen, signaled that the central bank is likely to keep scaling back its signature stimulus program despite a recent string of weak economic data.
Making her first congressional appearance...
| Feb 12, 2014
| 8:27 AM
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions.
Sen. Elizabeth Warren of Massachusetts and Rep....
| Jan 25, 2014
| 8:44 PM
WASHINGTON — As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy.
On one hand, his unprecedented efforts to...
| Jan 28, 2014
Re "Bernanke leaves legacy of stimulus and stagnation," Jan. 26
The article may leave readers with a misunderstanding of the primary roles of the Federal Reserve. Those responsibilities are to promote maximum employment, keep prices stable and to...