| Dec 18, 2013
| 1:11 PM
Nothing like a little sugar to help investors swallow a bitter pill from the Fed.
The Federal Reserve's Open Market Committee announced Wednesday that it will finally start tapering its extraordinary efforts to stimulate the economy. Instead of printing...
| Dec 18, 2013
| 5:50 PM
WASHINGTON — The Federal Reserve took its first step toward curtailing its unprecedented efforts to boost the economic recovery — a sea change in policy that over time will result in interest rates drifting higher for businesses and...
| Dec 19, 2013
| 6:20 PM
WASHINGTON — Now that the Federal Reserve has started to ease a key economic stimulus, the reins of managing monetary policy to finish the job soon will be turned over to Janet L. Yellen, the central bank's vice chair.
She won't find it easy....
| 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 “...
| 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...
| Jul 19, 2013
| 4:32 PM
Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble."
But after the Federal Reserve indicated that...
| Nov 27, 2012
| 10:53 AM
Floridians' consumer confidence fell in November after rising to five-year highs the previous two months, according to a University of Florida survey released Tuesday.
Blame the confidence drop on the election and worries that Washington won't come to...
| Jun 18, 2013
| 6:36 AM
President Obama suggested he might not renominate Ben S. Bernanke for a third term as chairman of the Federal Reserve, saying the central bank chief has already stayed in the job longer than originally planned.
In a PBS interview that aired late Monday,...