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Federal Open Market Committee

Fed Says Economy Is Slowing, Won't Do Anything About It

AP | MARTIN CRUTSINGER | Posted 10.01.2012 | Business

WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to try to boost growth if hiring ...

Ryan Grim

Fed Officials Leave For Wall Street With Privileged Info

HuffingtonPost.com | Ryan Grim | Posted 04.16.2012 | Politics

WASHINGTON -- The Federal Reserve may be making an effort to open up some of its famously opaque decision making, but the newfound interest in transpa...

Fed To Shift Communication Strategy In Bid To Assure Public

AP | MARTIN CRUTSINGER | Posted 03.04.2012 | Business

WASHINGTON — In a major shift, the Federal Reserve will start announcing four times a year how long it plans to keep short-term interest rates a...

Fed Cuts GDP Forecast, Raises Unemployment Projections

Posted 01.02.2012 | Business

WASHINGTON (Reuters) - The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggest...

Bonnie Kavoussi

Fed Launches Stimulus To Abate 'Continuing Weakness' In Labor Market

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.21.2011 | Business

The Federal Reserve has unleashed another creative attempt to stimulate the economy, moving to increase its holdings in long-term securities in order ...

GOP Leaders: Americans 'Have Reason To Be Skeptical' Of Fed

AP | By MARTIN CRUTSINGER | Posted 11.21.2011 | Politics

WASHINGTON -- In an unusual move, Republican leaders of the House and Senate are urging Federal Reserve policymakers against taking further steps to l...

Shahien Nasiripour

Federal Reserve Risks Being Seen As Constantly Bailing Out Traders, Fed Official Says

HuffingtonPost.com | Shahien Nasiripour | Posted 10.17.2011 | Business

NEW YORK -- Investors will likely view the Federal Reserve's recent decision to keep short-term lending rates near zero for the next two years as part...

Bonnie Kavoussi

Federal Reserve Keeps Power On Reserve For Another Day

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.22.2011 | Business

NEW YORK -- Another major policymaker has decided to take a more detached stance toward the economic slowdown. Federal Reserve Chairman Ben Bernank...

Bonnie Kavoussi

Federal Reserve Admits Economic Recovery Is Slowing, But Announces No Bold Moves In Response

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.22.2011 | Business

UPDATE: Federal Reserve Chairman Ben Bernanke said on Wednesday that the Federal Reserve's monetary policy will remain essentially unchanged, even ...

Fed Officials Split Over Policy Changes

Reuters | Mark Felsenthal and Glenn Somerville | Posted 06.05.2011 | Business

WASHINGTON (By Mark Felsenthal and Glenn Somerville) - Some Federal Reserve officials last month believed they would have to hold to an easy monet...

Top Fed Official: We're 'Very Far Away' From Price Stability

Posted 05.25.2011 | Business

NEW YORK (By Kristina Cooke) - A top Federal Reserve official signaled on Friday the central bank won't tighten monetary policy any time soon, ev...

The Fed Works... for Chinese Workers

Dylan Ratigan | Posted 05.25.2011 | Business
Dylan Ratigan

It is the committee of American central bankers who decide who gets money, and who doesn't. And it's been quite a long time since they decided in favor of American workers instead of Wall Street and China.

New Voters May Sway Fed Actions

The New York Times | Sewell Chan | Posted 05.25.2011 | Business

WASHINGTON -- As the Federal Reserve debates whether to scale back, continue or expand its $600 billion effort to nurse the economic recovery, four me...

Why Bernanke's Problems Are Obama's

Christopher Whalen | Posted 05.25.2011 | Business

In the wake of Institutional Risk Analytics' comment last week about the lack of ideas inside the Obama Administration for resolving the economic mess...

'Club Fed': The Cozy Ties Between Fed And Big Investors

Reuters | Kristina Cooke, Pedro Da Costa and Emily Flitter | Posted 05.25.2011 | Business

The minutes from that same gathering of the powerful Federal Open Market Committee, or FOMC, are made available to the public -- but only after a thr...

Fed Officials Can't Agree On How To Fix The Economy

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Divisions within the Federal Reserve over how to pump up the economy and lower unemployment came into sharper view Wednesday. Thre...

The Market Overreacted To The Fed's Latest Statement, Top Official Says

Reuters | Posted 05.25.2011 | Business

MARQUETTE, Mich (Reuters) - The Federal Reserve's decision last week to buy more U.S. government debt should not be viewed as a sign the economic outl...

Shahien Nasiripour

Federal Reserve's Low Rate Policy Is A 'Dangerous Gamble,' Says Top Central Bank Official

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A top regional Federal Reserve official sharply criticized Friday the Fed's ongoing policy of keeping interest rates near zero -- and at record lows -...

Is It Time For Another Stimulus Package? Fed's Outlook Revives Debate

DailyFinance | CHARLES WALLACE | Posted 05.25.2011 | Business

With the Federal Reserve adopting a more a pessimistic view of the economic outlook, the revival has been swift in calls for the federal government to...

Federal Reserve Begins Massive Monetization of U.S. Government Debt

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

The Federal Reserve has decided on a process that will lead to an ever-growing proportion of the U.S. national debt and yearly budget deficits being monetized by its printing press.

Shahien Nasiripour

Thomas Hoenig, Top Fed Official, Warns Fed Risks Repeating Past Mistakes

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Nine of the 10 policy makers in the Federal Reserve voted to send a message Tuesday that the economic recovery is weakening and needs further stimulus...

Shahien Nasiripour

Federal Reserve: Continued High Unemployment Threatens Fed Policy Of Pursuing 'Maximum Employment'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Members of the Federal Reserve lowered their expectations for economic growth and raised their projections of the nation's unemployment rate, cautioni...

Shahien Nasiripour

Federal Reserve Gets Political, Sends Congress Veiled Message

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Facing perhaps the biggest loss of power in the institution's nearly 100-year history, the Federal Reserve fought back today with a little-noticed mov...

Shahien Nasiripour

Fed Boosts Projections For Recovery, Though Substantial Pitfalls Remain

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The nascent economy recovery taking shape from February to April boosted top policymakers' projections for the year, causing them to increase their ou...

Shahien Nasiripour

Fed Officials: Unemployment Will 'Remain Elevated For Quite Some Time'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

In yet another sobering acknowledgment that jobs will continue to remain scarce despite the seemingly improving economic situation, Federal Reserve of...