| Apr 28, 2014
| 6:15 AM
Federal Reserve officials are expected to start slowly reducing the central bank's $4.2 trillion in assets next year after the end of a key stimulus program that has helped dramatically increase the size of its balance sheet, according to survey results...
| 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,...
| Jun 19, 2013
| 5:00 AM
WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference.
He has to try to reassure investors, analysts and politicians that the central bank has a plan for...
| Jun 28, 2013
| 7:15 AM
WASHINGTON -- The Federal Reserve doesn't have "unconditional optimism" about the economic recovery and won't pull back on stimulus efforts if conditions don't warrant it, a top central bank policymaker said Friday.
In prepared remarks to the Council on...
| Jul 31, 2013
| 11:39 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up.
Following a two-day meeting, the Federal Open...
| Aug 1, 2013
WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...
| Aug 2, 2013
| 11:34 AM
WASHINGTON -- A top Federal Reserve official indicated Friday that he was not prepared to start reducing the central bank's bond-buying stimulus program soon, saying policymakers needed to see more economic data before making a decision.
| Aug 5, 2013
| 11:36 AM
WASHINGTON -- Federal Reserve policymakers must “gird our loins” to start tapering the central bank’s bond-buying program this fall after the drop in the unemployment rate to 7.4%, a top official said Monday.
| Aug 6, 2013
| 8:05 AM
WASHINGTON -- The heated public debate over who should be the next head of the Federal Reserve risks hurting the nation's economy and President Obama should make a decision soon to end the "circus-like atmosphere," said Pimco chief executive Mohamed El-...
| Aug 7, 2013
| 7:28 AM
WASHINGTON -- The Bank of England on Wednesday said it would maintain its stimulus program until the unemployment rate falls to 7%, following the same strategy as the U.S. Federal Reserve in providing an explicit target for when it would raise interest...
| Aug 7, 2013
| 11:44 AM
An unusual but fierce campaign over who President Obama should appoint as the next Federal Reserve chair has had Washington in a tizzy as of late.
Will it be former Treasury Secretary Larry H. Summers or Fed Vice Chair Janet L. Yellen?