| Dec 14, 2013
WASHINGTON — To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, "Don't bet on it."
A new analysis by Fed staffers said the old-fashioned greenback is more durable...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Apr 6, 2014
| 5:00 AM
Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets.
But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave.
| Apr 9, 2014
| 7:01 PM
WASHINGTON — An account of the Federal Reserve's last meeting suggests that policymakers aren't as eager to take away the punch bowl as the market thought.
The minutes of the March 18-19 meeting state that Fed officials worried that their...
| Mar 25, 2014
| 6:32 AM
WASHINGTON -- Top Federal Reserve officials said financial markets overreacted to Chairwoman Janet Yellen's comments last week indicating the central bank could start raising interest rates early next year.
In speeches and interviews, the officials...
| Mar 27, 2014
On Feb. 20, Nigerian President Goodluck Jonathan fired his respected central bank governor, who was trying to discover what had happened to an estimated $20 billion that disappeared from the nation's oil revenue over an 18-month period.
Four days later,...
| 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...