| Mar 31, 2014
| 10:32 AM
WASHINGTON -- Federal Reserve Chairwoman Janet Yellen, saying the job market is far from normal, made clear Monday that the central bank remains committed to providing extraordinary support for the economy for some time to come.
| Mar 18, 2014
| 6:43 AM
WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday.
Over the previous year, the consumer price index has risen 1.1%. The...
| Mar 19, 2014
| 6:07 AM
WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
| Mar 19, 2014
| 11:27 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%.
The Federal Open...
| Mar 10, 2014
| 8:00 AM
Bad weather is largely responsible for some recent weak economic data and should not lead the Federal Reserve to stop reducing a key stimulus program, a top central bank official said Monday.
Instead, with economic growth still forecast to pick up...
| Mar 13, 2014
| 10:41 AM
WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
| Feb 24, 2014
| 3:30 PM
Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then.
“I'd like to be...
| Mar 3, 2014
| 5:33 PM
(Reuters) - The United States has put trade and investment talks with Russia on hold as a rebuke for Russia's incursion into Ukraine, a U.S. official said on Monday.
"We have suspended upcoming bilateral trade and investment engagement with the...
| 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 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
| 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...