| 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%,...
| 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...
| Jan 6, 2014
| 6:49 AM
WASHINGTON -- Senators on Monday are expected to confirm Janet L. Yellen as the next head of the Federal Reserve, scheduling a late afternoon vote that could be the closest ever for a leader of the central bank.
Yellen, 67, a former UC Berkeley...
| 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....
| Jan 28, 2014
| 11:13 AM
Outgoing Federal Reserve Chairman Ben Bernanke, 60, probably won't win many popularity contests. He's frequently been vilified by the political left for doing too little and by the right for doing too much. Most Americans probably have no idea what he...
| Jan 29, 2014
| 6:21 PM
WASHINGTON — Shrugging off the recent turbulence in financial markets, the Federal Reserve gave an upbeat take on the U.S. economy and went through with a second straight cut to its large bond-buying stimulus program.
Although the decision to...
| Jan 31, 2014
| 2:32 PM
The Wall Street Journal is on the hard-money side of the debate over recent monetary policy. But its editorial on the departure of Ben S. Bernanke as chairman of the Federal Reserve articulated a conventional wisdom that transcends that debate.
| 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 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....