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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 67-77
  • Stocks fall on fears of weakness abroad

    It was the steepest of roller-coaster rides for investors this week, and it ended with a 115-point drop in the Dow Jones industrial average that wiped out the year's gains for the benchmark index. Throughout the nation and worldwide, major indexes...
  • Fed's Plosser not too concerned about below-target inflation

    NEW YORK (Reuters) - One of the Federal Reserve's most hawkish policymakers said on Friday he is "not too concerned" that inflation has remained a bit below the U.S. central bank's 2-percent goal the last couple of years. Charles Plosser, head of the...
  • Fed's George repeats call to move soon on hiking rates

    (Reuters) - The U.S. economy is performing well and the Federal Reserve needs to move soon to raise interest rates, a top Fed official said on Friday. Kansas City Federal Reserve Bank President Esther George said the central bank should raise rates...
  • Fed's Fisher: may have 'overshot' on interest rates

    DALLAS (Reuters) - The Federal Reserve may have gone too far with its super-easy accommodative interest rate policy, a top Federal Reserve official said on Friday. The gap between yields on risky corporate bonds compared with yields on Treasuries, seen...
  • Email alias of former Fed chair Bernanke comes out in AIG trial

    Email alias of former Fed chair Bernanke comes out in AIG trial
    WASHINGTON — Of all the key government players involved in saving the U.S. economy from collapse in the autumn of 2008, Edward Quince has hardly earned a mention. But at the trial of former American International Group CEO Hank Greenberg, Quince'...
  • Ex-Fed Chair Bernanke: wanted to stop AIG default, not punish firm

    Ex-Fed Chair Bernanke: wanted to stop AIG default, not punish firm
    WASHINGTON (Reuters) - Former Federal Reserve Chairman Ben Bernanke said on Friday that he was hesitant to bail out American International Group in 2008, but he was primarily concerned that the insurer "was on the brink of default" and not about punishing...
  • Top Fed official fears people 'expect too much' from central bank

    Top Fed official fears people 'expect too much' from central bank
    A top Federal Reserve official said Friday that Americans “expect too much” from the central bank, particularly when it comes to reducing unemployment. Charles Plosser, a voting member on the policymaking Federal Open Market Committee, said...
  • Former Fed chief Ben Bernanke defends AIG bailout in court

    Former Federal Reserve Chairman Ben S. Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe. Bernanke took the stand at a trial of a...
  • Showbiz Stocks Hit As Dow Plunges Over 300 Points

    The Dow Jones Industrial Average sank more than 300 points on Thursday while the NASDAQ gave up 90 points as two weeks of seesaw activity in the major indices drove investor anxiety. The Dow's 334-point drop on Thursday came on the heels of a 272-point...
  • Big stock market swings to be the norm for a while

    Don't expect Wall Street to get tame any time soon. The wild gyrations seen in recent days will probably continue as investors weigh worries over the sluggish global economy with the prospects of the Federal Reserve's easy-money policies coming to an...
  • Bill Gross gives somber outlook for financial markets

    In his first presentation to investors since his abrupt departure from Pacific Investment Management Co., "bond king" Bill Gross acknowledged he'd had a "rough few weeks" and would have preferred to retire from Pimco, the Newport Beach investment firm...