Fed Chairman Ben Bernanke says banks are stronger, but that hasn’t stopped the Senate from pushing forward with higher capital requirements for big banks.
The Federal Reserve chairman spoke about why he’s worried about the “fiscal cliff” and how the Fed’s transparency on rate movement will benefit markets.
After an eventful September meeting, this time the Federal Reserve’s policymaking committee took a rest.
Looks like Ben “The Beard” Bernanke is at it again! But will his latest scheme to fix our economy get us some more jobs?
At a scheduled press conference, Federal Reserve Chairman Ben Bernanke cited the continued struggles of the U.S. job market as the reason for announcing QE3.
The Federal Reserve’s rate-setting committee will start its third large-scale asset purchase plan — which makes it officially QE3.
The Beige Book shows that through July and August the economy grew slowly, though there are some economic bright spots including retail and real estate.
Happy Thursday! The Federal Reserve sat on rates for the 35th time while mortgage rates dropped.
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
If you’re annoyed about rock-bottom CD rates, take some comfort in the fact that Federal Reserve Chairman Ben Bernanke feels your pain. When asked about the issue by Bankrate contributor Katherine Lewis at a press conference last week, Bernanke acknowledged Federal Reserve policies, including Operation Twist, were pushing down yields on CDs: We are quite