While the Federal Reserve has given stress tests to the nation’s banks since the financial crisis, the Fed chair’s semi-annual testimony before both houses amounts to Congress’ own version of stress testing the nation’s top central banker. But in her first of two days of appearances on Capital Hill, Fed Chair Janet Yellen’s so-called Humphrey-Hawkins
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
With the Federal Reserve expected to begin raising short-term interest rates next year, outside observers say the central bank should soon begin holding news conferences after every regularly scheduled policy meeting. If the more frequent briefings don’t start this year, then they most certainly should early in 2015, the observers say. It was only three
The Fed giveth and the Fed taketh away. Say bye-bye to another $10 billion per month in stimulus.
A new Fed survey indicates the economy is picking up steam but still has issues.
Federal Reserve officials aren’t ready to raise interest rates anytime soon. They’re still trying to figure out how to do it. Just-released minutes from the April 29-30 Federal Open Market Committee meeting detail how officials are still trying to grapple with how to reverse extraordinary and unprecedented measures taken during and after the financial crisis.
This word cloud shows which words today’s Federal Reserve statement uses most often.
The Fed finds that the winter thaw has helped the economy rebound from cold-weather slowdowns.
The FOMC meeting and Janet Yellen’s press conference moved the currency market. Should investors care?
Fed Chair Janet Yellen sought to allay any fear that an interest rate increase could be looming.