Federal Reserve

Last call for the Fed's record-low rates? © iStock

Last call for the Fed's record-low rates?

The clock is winding down on the Federal Reserve's bargain interest rates. Is the central bank getting ready for higher rates this fall? Read more

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Rate increase this week? See Bankrate's Fed-ometer.

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Sheyna Steiner

An optimistic shade of Beige Book

Federal Reserve Chair Janet Yellen says higher rates are "likely" this year as the Fed releases an upbeat survey.  ... 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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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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Dr Don Taylor

The siren song of closed-end funds

Morningstar is reporting that the number of closed-end funds has shrunk over the past five years.  ... Read more

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