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The Senate confirms two new members of the Federal Reserve Board, giving it a full seven-member board for the first time in six years.
At the Fed’s FOMC press conference Wednesday, Fed Chairman Ben Bernanke discussed …
Like the economy itself, the Federal Reserve seems to be locked in a holding pattern.
With mixed signs of an economy in recovery, find out why the Fed left interest rates unchanged.
New minutes released show the discussions among the Federal Reserve’s policy-making body before they kept a key rate unchanged last month.
The Fed keeps the federal funds rate low. Find out what it said about the state of the economy.
The Fed elects to leave the federal funds rate unchanged. Experts give their take on why.
The Fed meeting this week brought a couple of changes to the economic projections from the Federal Reserve.
The projections are released four times per year and typically include forecasts for the direction of the gross domestic product, unemployment and inflation. This week’s new additions incorporate forecasts of the federal funds rate, including where participants believe
This week’s meeting of the Federal Open Market Committee proved fairly eventful, particularly because there were no significant changes to monetary policy.
The developments include the first press conference of the year given by Federal Reserve Chairman Ben Bernanke, and a new addition to the Fed’s Summary of Economic Projections showing the forecast of the federal
The Federal Reserve’s Open Market Committee voted to keep the key federal funds rate near zero, where it has been since December 2008. The biggest news is that the current low rate will likely persist through late 2014 rather than the previous projection of mid-2013, according to the FOMC statement:
The Committee decided today to keep
