The only surprise in this week’s Fed statement appeared in the “forward guidance,” in which the central bank tried once again to clarify the timing of a future interest rate increase.
Nominees for the Fed’s board of governors promise to help keep a careful course.
As he prepares to step down as Federal Reserve Chairman, Ben Bernanke offered thoughts on the past, present and future.
In the wake of the partial government shutdown, the Federal Reserve is continuing monthly asset purchases.
Top economists are weighing in on when the Federal Reserve will scale down its economic stimulus.
For investors nervous about a possible decision by the Federal Reserve to cut back on the jet fuel being supplied to the economy, the man in charge has a message.
The Federal Reserve says it will keep the federal funds rate near zero percent until joblessness drops.
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.
It’s hard not to find the current savings situation irritating. Banks broke the financial system taking on excessive risk, got a bailout and can now pay dividends to shareholders but depositors are still paid nothing.
Last week Ben Bernanke, the Chairman of Federal Reserve, announced what has been referred to as Operation Twist. In short, the Fed will roll over the short-term bond purchases they made as they mature and purchase long-term bonds in order to push interest rates down on mortgages and long term debt. But arguably just as