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.
Fed chair, chairman or chairwoman: Which title will Janet Yellen choose?
President Barack Obama nominates Janet Yellen to be the next Federal Reserve Chair.
Fed Chairman Ben Bernanke and his colleagues surprised some by sticking with the current monetary policy.
The Fed is less optimistic about the economy and uncertain about when to trim the stimulus program that has long helped keep rates low.
The Fed’s decisions come as the economy shows uneven performance, weighed down by sputtering foreign economies.
If investors were looking for a great deal of clarity regarding future actions by the Federal Reserve in release of the June meeting minutes, they may have been disappointed.
Central bank policymakers decide to keep doing what they’re doing to fuel the economy.
What was unsaid by Bernanke might be more notable than what he actually expressed outright.