Fed policymakers apparently spent considerable time hashing over the words “considerable time.”
The Fed’s “QE3” bond-buying program is expected to come into dock this week.
The Federal Reserve has added a bit more detail about how it plans to end some of the extraordinary measures put in place during and after the financial crisis. In minutes released from the mid-June policy-setting session, the nation’s central bank cautions that while asset purchases are “not on a preset course,” it envisions a
Fed Chair Janet Yellen tells senators the central bank is watching the effects of weather and Bitcoin.
Notes from the most recent Fed meeting indicate central bankers are impressed with the economy’s performance.
Janet Yellen is preparing to take over the Federal Reserve, but will face a number of challenges.
Between a possible reduction in asset purchases and a shift in leadership, interest rates may be headed upward. But when?
The Fed hadn’t seen enough improvement in the economy to begin cutting asset purchases.
In the wake of the partial government shutdown, the Federal Reserve is continuing monthly asset purchases.