| Feb 12, 2014
| 8:27 AM
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions.
Sen. Elizabeth Warren of Massachusetts and Rep....
| Feb 12, 2014
| 1:39 PM
The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate.
The central bank previously said it would consider raising its...
| Jan 24, 2014
| 7:05 PM
NEW YORK — Wall Street took a drubbing for the second straight day as investors worry that an economic slowdown in emerging markets could trigger a correction in stocks.
The Dow Jones industrial average suffered a drop of 318.24 points Friday, the...
| 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...
| Jan 29, 2014
| 6:21 PM
WASHINGTON — Shrugging off the recent turbulence in financial markets, the Federal Reserve gave an upbeat take on the U.S. economy and went through with a second straight cut to its large bond-buying stimulus program.
Although the decision to...
| Jan 31, 2014
| 2:32 PM
The Wall Street Journal is on the hard-money side of the debate over recent monetary policy. But its editorial on the departure of Ben S. Bernanke as chairman of the Federal Reserve articulated a conventional wisdom that transcends that debate.
| Dec 18, 2013
| 6:38 AM
WASHINGTON -- The Federal Reserve's last chance this year to reduce a key stimulus program comes Wednesday when central bank policymakers wrap up a two-day meeting and Chairman Ben S. Bernanke holds his last scheduled news conference before stepping...