The Federal Reserve

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

Reuters | Posted 05.20.2012

Read More: Gold Standard, U.S. Central Bank, Video, Central Bank, Reuters, Central Banking, Ben Bernanke Federal Reserve, Ben Bernanke Gold Standard, The Federal Reserve, Business News, Federal Reserve, Monetary Policy, Ben Bernanke, Business News

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

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

AP | DEREK KRAVITZ and DAVE CARPENTER | Posted 05.09.2012

Read More: Wealth, Economic Hope, Stock Rally, Home Prices, Net Worth, Economic Confidence, The Federal Reserve, Net Worth Rising, The Fed, Borrowing, Money News

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 ...

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

AP | MARTIN CRUTSINGER | Posted 03.11.2012

Read More: The Federal Reserve, Business News, U.S. Economy, Federal Reserve, Video, Economic Downturn, Economic Recovery, Federal Reserve Payments to u.s., Business News

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

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Fed Rules For Bank Oversight Expected This Week

Posted 12.19.2011

Read More: Dodd-Frank Act, Federal Reserve Bank Oversight Rules, Video, Bank-News, Financial Reform, Bank-Oversight, Business News, The Federal Reserve, Federal Reserve, Ben Bernanke, Financial Regulation, Business News

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

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

Kevin L. Petrasic | Posted 11.21.2011

Read More: Sifi, The Federal Reserve, Resolution Authority, Sec, Securities and Exchange Commission, Dodd-Frank, Federal Deposit Insurance Corp, Dodd-Frank Act, Dodd-Frank Living Will, Dodd Frank Bill, Business News

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.

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Fed Expected To Reach Half A Century Back Into Their Playbook

AP | PAUL WISEMAN and MARTIN CRUTSINGER | Posted 11.21.2011

Read More: Interest Rates, u.s. Treasurys, Congress, Unemployment, High Inflation, "Operation Twist", Double-Dip Recession, The Federal Reserve, Fed Chairman Ben Bernanke, Business News

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

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

AP | DANIEL WAGNER and DEREK KRAVITZ | Posted 10.16.2011

Read More: Energy, Factory Output, Japan Earthquake, Japan Crisis, Mining, Double-Dip Recession, Great Recession, The Federal Reserve, Utilities, Manufacturing, Weather, U.S. Automakers, Business News

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

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Federal Reserve Plans For Potential U.S. Default

Posted 09.19.2011

Read More: Treasury Department, Congress, Charles Plosser, Debt Crisis, Debt Ceiling, President Barack Obama, Monetary Policy, U.S. Default, Fiscal Policy, Simon School of Business, The Federal Reserve, Ben Bernanke, Timothy Geithner, Economic Recovery, Philadelphia Federal Reserve Bank, Republicans, Video, Business News

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

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

Posted 09.05.2011

Read More: Mortgage Bond, Wells Fargo Bank, Dodd-Frank, Bonds, Credit Quality, Real Estate, Housing Crisis, Solaris Group, Bank Lending, BB&T, Barclays Capital, The Federal Reserve, Banks, Economic Recovery, JPMorgan Chase & Co, Citigroup, Video, Business News

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 ...

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Rise In Jobless Claims Suggests Little Improvement

Posted 08.23.2011

Read More: Labor Market, Unemployment, Weak Economy, Labor Department, Bond-Buying Program, The Federal Reserve, Quantitative Easing, Unemployment Benefits, Jobless, Jobs, Economic Recovery, The U.S. Central Bank, Business News

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

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David Leonhardt: A Mission Not Yet Accomplished

New York Times | DAVID LEONHARDT | Posted 07.04.2011

Read More: Debt Limit Increase, Unemployment, Economic Policy, Wall Street, Standard & Poor?S 500 Index, Economic Crisis, President Obama, The Federal Reserve, Osama Bin Laden Killed, Ben Bernanke, Economic Recovery, Osama Bin Laden, Business News

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...

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Ben Bernanke: Income Inequality Is 'Creating 2 Societies'

Posted 05.25.2011

Read More: Income Gap, Video, Unemployment, Qe2, Income Inequality, Third World America, 60 Minutes, Economy, Fed QE2, The Federal Reserve, Ben Bernanke, Recession, Business News

Federal Reserve Chairman Ben Bernanke believes the growing income gap is "creating two societies" in America. The central bank chief weighed in on ...

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Banks Slash Borrowing From Fed: $7.6 Billion In Fed Loans This Week

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: The Federal Reserve, Credit, Emergency Fed Loans, Fed, Talf, Banks, Term Asset Backed Security Loan, Wall Street, Ben Bernanke, Business News

WASHINGTON — Banks borrowed less from the Federal Reserve's emergency lending program over the past week, a fresh sign that credit problems are ...

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Rachel Maddow Questions Geithner About Role At New York Fed: 'Where Were You?' (VIDEO)

Posted 05.25.2011

Read More: Financial Reform, Aig, Chris Dodd, New York Fed, Recession, Rachel Maddow Show, Goldman Sachs, Wall Street, Bailout, Lehman Brothers, Tim Geithner, Consumer Financial Protection Agency, The Federal Reserve, Financial Crisis, Lehman Brothers Bankruptcy, Treasury Secretary, Video, Business News

Treasury Secretary Timothy Geithner described the nation's financial crisis as "deeply unfair" to average Americans Tuesday, during an interview with ...

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Fed Proposes Limits On Credit Card Penalty Fees

AP | EILEEN AJ CONNELLY | Posted 05.25.2011

Read More: The Federal Reserve, Mastercard, Congress, Credit Cards, Credit Card Penalties, Visa, American Express, Chase, Amex, Bailouts, Banks, Credit Card Companies, Interest Rates, The Fed, Wall Street, Business News

NEW YORK — The Federal Reserve on Wednesday proposed strict limits on penalty fees and other charges that credit card companies can slap on cust...

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Bernanke's Reappointment: A Colossal Failure Of Governance

Simon Johnson | Posted 05.25.2011

Read More: The Federal Reserve, Congress, Bernanke Reconfirmation, Monetary Policy, The Fed, Transparency, Senate, 2010, Alan Greenspan, Unemployment, Bailout, Economic Policy, Bernanke Reappointment, Treasury, Banks, Ben Bernanke, Wall Street, Jobs Lost, Business News

Have we really reached the situation where the Senate must bow down before financial markets and high-ranking executives who are really just talking their book?

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Geithner AIG Testimony: Treasury Secretary Says AIG Bailout Saved Economy, Not Individual Banks

Bloomberg | Rebecca Christie | Posted 05.25.2011

Read More: Tarp, Maiden Lane III, The Federal Reserve, AIG Bailout, Goldman Sachs, Economy, Financial Reform, Societe Generale, Aig, Frbny, The Fed, Transparency, New York Fed, Banks, Financial Crisis, Maiden Lane II, Geithner Testimony, AIG Assets, Business News

Click here to read Geithner's testimony about the New York Fed's aid to AIG. Treasury Secretary Timothy F. Geithner said the government rescued Ameri...

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Chris Dodd And Judd Gregg Confident Of Bernanke Confirmation

Reuters | Lisa Richwine | Posted 05.25.2011

Read More: Bernanke Fed, Chairman of the Federal Reserve, The Federal Reserve, Ben Bernanke Federal Reserve, Judd Gregg, Bernanke Confirmation, Ben Bernanke, Bhris Dodd, Politics News

"Based on our discussions with our colleagues, we are very confident that Chairman Bernanke will win confirmation by the Senate for a second term," Se...

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Exceptions To Derivatives Trading Rule Dilute Regulation

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Derivatives regulation has been on the nation's financial reform agenda for months. Undoing the Clinton-era law that exempted swaps from oversight is ...

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Federal Reserve: Senate Consensus Building To Weaken Central Bank

AP | ANNE FLAHERTY | Posted 05.25.2011

Read More: Fed Bill, The Federal Reserve, Bill to Weaken Fed, Federal Reserve, Senate Bill to Weaken Fed, Bill Weakening Fed, Weaken Federal Reserve, Senate Federal Reserve, Politics News

WASHINGTON — Consensus is building in the Senate for legislation that would significantly weaken the Federal Reserve by stripping its power to o...

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Newsweek: The Recession Is Over! But Not for You

newsweek.com | Posted 05.25.2011

Read More: Unemployment Lines, Economic Recovery, The Federal Reserve, Unemployment, Economic Crisis, Economists, The Fed, Recession, Recession Over, Business News

Irrational exuberance, it's not. But even stagnation would be an improvement over recent history. The U.S. economy shrank at nearly a 6 percent annual...

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Obama's Financial Reform: Fed Powers Worries some in Congress

AP | ANNE FLAHERTY and JIM KUHNHENN | Posted 05.25.2011

Read More: The Federal Reserve, Wall Street Reform, Congress, Obama Financial Reform, Geithner, Fed Powers, Business News

WASHINGTON — President Barack Obama's plan to increase oversight of banks and other financial institutions ran into skepticism Thursday on Capit...

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Here Comes Hyperinflation

Henry Blodget | Posted 05.25.2011

Read More: Inflation, Economy, The Federal Reserve, Arthur Laffer, The Fed, Business News

Arthur Laffer joins the chorus of economists predicting that the Fed's massive stimulus will eventually lead to hyper-inflation. And I agree.

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A Funeral for the Phillips Curve

Michael Pento | Posted 05.25.2011

Read More: The Federal Reserve, The Economy, Unemployment, John Hilsenrath, Phillips Curve, Economics, Wall Street Journal, Business News

Investors who are banking for a silver lining to this recession may be disappointed by both a continued increase in the unemployment rate, yet stubbornly high inflation.

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Do You Still Believe it Wasn't Speculation?

Jeff Madrick | Posted 05.25.2011

Read More: Financial Futures, The Federal Reserve, Oil Prices, Oil Speculation, Inflation, Oil Futures, Crude Oil Prices, Oil, Oil Futures Trading, Business News

Oil is a financial asset now. It attracts hundreds of billions of dollars of institutional investment. And like all financial assets throughout time, it is given to fashion and fad.

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