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The Federal Reserve

Janet Yellen Stakes Out Position On Fighting Financial Stability Risks

Reuters | Posted 07.02.2014 | Politics

By Michael Flaherty and Howard Schneider WASHINGTON, July 2 (Reuters) - Monetary policy faces "significant limitations" as a tool to c...

Janet Yellen Wants To Be Called 'Chair', Not 'Chairwoman'

Posted 02.04.2014 | Women

Janet Yellen, now one of the most powerful people in the world, is notoriously private -- but clearly a badass. The newly appointed chair of the Fe...

Prepare for Currency Chaos

Michael Pento | Posted 03.30.2014 | Business
Michael Pento

We are currently suffering through a huge correction in the equities of emerging market economies. The threatened end of Fed stimulus has caused these currencies to plummet against the dollar, taking their markets down for the ride.

The Summers of Our Discontent

Jim Worth | Posted 12.24.2013 | Politics
Jim Worth

Obama's expected nomination of Summers was a perfect example of that critical flaw. Repeated appointments of inadequate individuals with questionable résumés -- whether out of loyalty or cronyism -- leaves the government vulnerable to recurrent failure.

Adam, Eve and the Serpent

William B. Bradshaw | Posted 11.21.2013 | Religion
William B. Bradshaw

The story of Adam, Eve, and the serpent in the garden of Eden is found in chapters 2 and 3 of Genesis, the first book in the Bible. Whether you inter...

Obama to Take Over Baton From Fed?

Andy Langenkamp | Posted 09.11.2013 | Politics
Andy Langenkamp

One thing is certain. Once Bernanke (and his printing press) retreat into the shadows, the politicians will definitely have to come up with the goods and take more decisive action than they have hitherto done.

Krugman: 'The Fed Was Foolish Here'

Posted 07.01.2013 | Business

The Federal Reserve made a big mistake when it spoke of tapering bond purchases earlier this month, Paul Krugman wrote in a blog post Sunday morning. ...

Federal Reserve Stands By Stimulus

AP | MARTIN CRUTSINGER | Posted 05.20.2013 | Business

WASHINGTON — The Federal Reserve on Wednesday stood by its efforts to keep borrowing costs at record lows, saying it isn't yet convinced that th...

Could The Mortgage Crisis Make A Comeback?

www.nytimes.com | Posted 04.02.2013 | Business

IN January, federal regulators announced an $8.5 billion agreement with 10 mortgage servicers to settle claims of foreclosure abuses, including bungle...

Labor Market Continues to Heal Unevenly

Diane Swonk | Posted 04.06.2013 | Business
Diane Swonk

Non-farm payrolls rose 157,000 in January, which was less than expected. Benchmark revisions, however, showed that we created significantly more jobs ...

Economic Myths 101: A Top Ten List

Diane Swonk | Posted 10.26.2012 | Business
Diane Swonk

When I was in graduate school at the University of Michigan, I got to work with the "Michigan Model," a statistical model of the U.S. economy that had gained national recognition for its accuracy and simulation capabilities.

11 Lies About The Federal Reserve

The Huffington Post | Bonnie Kavoussi | Posted 10.08.2012 | Business

The Federal Reserve has a lot of haters, and those haters are spreading some rumors. Texas Governor Rick Perry echoed many conservatives' sentimen...

Our Loss in Wealth Shows We're All in This Together

Tiziana Dearing | Posted 08.18.2012 | Money
Tiziana Dearing

If you live in America, and not under a rock, you probably heard that the Fed announced earlier this week that U.S. wealth fell nearly 40 percent from 2007 through 2010.

Bankers To Fed: We're Feeling Some 'Unnecessary Tension' Over Executive Pay

Posted 06.12.2012 | Business

Apparently company shareholders don't agree with the Federal Reserve about how executives should get paid, according to those executives. The Fede...

Bernanke: Gold Standard 'The Reverse Of What A Central Bank Would Normally Do'

Reuters | Posted 05.20.2012 | Business

WASHINGTON, March 20 (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday took aim at proponents of the gold standard, saying that such a sy...

Fed: You're Wealthier, Even If You Can't Tell

AP | DEREK KRAVITZ and DAVE CARPENTER | Posted 05.09.2012 | Money

WASHINGTON — Americans are climbing further out of the hole they sank into during the Great Recession. A stock rally at the end of 2011 helped ...

Fed Paid U.S. The Second-Highest Amount In U.S. History Last Year

AP | MARTIN CRUTSINGER | Posted 03.11.2012 | Business

WASHINGTON — The Federal Reserve paid the federal government $76.9 billion in 2011, the second highest amount in history. The central bank earne...

Fed Rules For Bank Oversight Expected This Week

Posted 12.19.2011 | Business

WASHINGTON (Reuters) - The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest bank...

The Dodd-Frank Living Will... Will It Work?

Kevin L. Petrasic | Posted 11.21.2011 | Business
Kevin L. Petrasic

While it is tempting to think that things could have turned out differently for some of these firms if they had implemented and executed a Dodd-Frank living will, the reality is that probably not much would have changed.

Fed Expected To Reach Half A Century Back Into Their Playbook

AP | PAUL WISEMAN and MARTIN CRUTSINGER | Posted 11.21.2011 | Business

WASHINGTON — The Federal Reserve said Wednesday it will shuffle $400 billion of its portfolio to try to drive down long-term interest rates and ...

U.S. Factory Output Sees Biggest Growth Since Japan Crisis

AP | DANIEL WAGNER and DEREK KRAVITZ | Posted 10.16.2011 | Business

WASHINGTON — U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewe...

Federal Reserve Plans For Potential U.S. Default

Posted 09.19.2011 | Business

The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14....

U.S. Banks Finally Increasing Lending In Good Sign For Investors

Posted 09.05.2011 | Business

Major U.S. banks appear to be finally opening the lending spigot. Second-quarter earnings reports due this month are likely to reveal a slight ...

Rise In Jobless Claims Suggests Little Improvement

Posted 08.23.2011 | Business

WASHINGTON - New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, suggesting little imp...

David Leonhardt: A Mission Not Yet Accomplished

New York Times | DAVID LEONHARDT | Posted 07.04.2011 | Business

It’s obviously been a good week for the Obama administration. But it comes at a dangerous time, for both the administration and the economy. The exc...