| 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...
| 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...
| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| 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 9, 2013
| 6:23 PM
WASHINGTON — President Obama praised 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...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...
| Aug 16, 2013
| 1:10 PM
Victor "Vic" Turyn, a retired Federal Bureau of Investigation and Federal Reserve Bank of Richmond official who had been an outstanding quarterback at College Park in the late 1940s, died Aug. 11 of heart failure at his Ellicott City home. He was 91....
| Aug 21, 2013
| 8:44 AM
WASHINGTON -- The Federal Reserve could start reducing its bond-buying program next month, but won't raise its near-zero short-term interest rate until at least 2016 -- a year later than current central bank projections suggest, Pimco Chief Executive...