Federal Reserve

Federal Reserve Ends Meeting, No Policy Changes Expected

The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.

2013/05/01

Federal Reserve chairman Ben Bernanke waits for the start of the International Monetary and Financial Committee (IMFC) meeting during the 2013 World Bank/IMF Spring meetings in Washington on April 20, 2013. (credit: NICHOLAS KAMM/AFP/Getty Images)

Bernanke Leaving? Fed Head Skipping Conference Intensifies Speculation

Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed’s annual August conference in Jackson Hole, Wyo.

2013/04/23

Looking To Avoid ‘Too Big To Fail’ Scrutiny, Banks Set To Announce Earnings

As big financial institutions like Goldman Sachs and JPMorgan Chase get set to report earnings over the next week, they are under pressure to show investors they can correct mistakes from the financial crisis and still post big profits. While profitable of late, there are worries that the recent run-up in earnings is just masking the problems.

2013/04/11

Nearly 340,000 Seek Weekly US Unemployment Benefits, A 5-Year Record Low

The number of people seeking U.S. unemployment aid barely changed last week, and the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.

2013/03/21

Federal Reserve Projects High Unemployment Into 2015

The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record lows at least until then.

2013/03/20

Billionaire Warren Buffett, CEO and chairman of investment company Berkshire Hathaway, speaks during a conversation with David Rubenstein, president of the Economic Club of Washingtron, during the club's 25th anniversary dinner in Washington, D.C., on June 5, 2012. (credit: NICHOLAS KAMM/AFP/Getty Images)

Buffett: ‘Banks Will Not Get This Country In Trouble’

Billionaire Warren Buffett says American banks are stronger than they’ve been in years, and won’t derail the economy.

2013/01/10

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke: Banks’ Overly Tight Lending Standards May Be Hold Back Economy

Federal Reserve Chairman Ben Bernanke said Thursday that banks’ overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.

2012/11/15

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference on Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke Warns Congress: Don’t Change Law To Review Fed’s Policy Discussions

Chairman Ben Bernanke offered a sharp defense Monday of the Federal Reserve’s bold policies to stimulate the weak economy, while cautioning Congress to respect its private discussions.

2012/10/01

Republican presidential candidate Mitt Romney speaks at a campaign rally in Fairfax, Va., on Sept. 13, 2012. (credit: NICHOLAS KAMM/AFP/Getty Images)

Romney: Bernanke Showing That Obama Is Wrong On The Economy

Republican Mitt Romney is trying to shift the focus of the presidential campaign away from anti-American violence overseas and back to the economy, accusing President Barack Obama of ignoring Chinese trade violations and pointing to a new Federal Reserve effort to bolster the economy as evidence of Obama’s weak policies.

2012/09/14