Federal Reserve

Federal Reserve building © Ron Sachs/CNP/Corbis

What did the Federal Reserve say?

Janet Yellen and her Federal Reserve colleagues are still keeping leaving interest rates alone. But they offer new clues on when rates will rise again in their latest statement, written in the Fed's usual linguistic gymnastics. See how we score this round. Read more

How Fed moves affect mortgage rates

Click through the timeline below to see the effect the Fed's moves had on mortgage rates.

QE Tapered QE3 Begins QE2 Ends QE2 Begins QE1 Ends QE1 Begins 2008 financial crisis

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Mark Hamrick

The Fed’s not ready yet

Fed meeting minutes suggest policymakers aren't eager to take the plunge to higher rates.  ... Read more

The Federal Open Market Committee

The rate-setting Federal Open Market Committee meets at least eight times a year. Its members include the Board of Governors of the Federal Reserve System, the president of the Federal Reserve Bank of New York and a rotating selection of presidents of the other 11 reserve banks.

Janet Yellen

Board of Governors, Chair

William C. Dudley

Vice Chairman

Richard W. Fisher

Dallas

Narayana Kocherlakota

Minneapolis

Charles I. Plosser

Philadelphia

Loretta Mester

Cleveland

Jerome H. Powell

Board of Governors

Daniel K. Tarullo

Board of Governors

Stanley Fischer

Board of Governors

Lael Brainard

Board of Governors

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Sheyna Steiner

5 banks did very bad things

Five big banks are guilty of manipulating foreign exchange rates. They must pay some very big fines and the banks have promised to cease criminal activity.  ... Read more

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