Federal Reserve

The Fed Just Inched Closer To Raising Interest Rates

The announcement alarmed left-leaning activists concerned about slow wage growth.
By 

Federal Reserve Accidentally Leaks Secret Documents

Another dent in the Fed's reputation for keeping secrets, secret.
By Reuters

Ben Bernanke Criticizes Europe Over Greek Debt Crisis

The former central banker speaks out against austerity.
By 

Fed Chair To Jobless African-Americans: You're On Your Own

By 

August 15, 1971

What happened on that late-summer day? It was a Sunday, and President Richard Nixon suspended convertability of the US dollar into gold, effectively ending the 25-year Bretton Woods era of fixed currency exchange rates against the US dollar.
By 

The Fed's Jelly Donut Policy

I believe that stocks are depressed because there is a pervasive feeling that something awful is going to happen. What is this enormous tail-risk? It's the intersection of reckless fiscal policy with overindulgent "Jelly Donut" monetary policy.
By 

Report: Fed Ignored Warnings During Critical Period

When Fed Signals Stimulus, It's 'Balls To The Walls,' Says Hedge-Fund Manager (VIDEO)

By 

Proposals for the Banking System

Now that the President is looking at banking reform, here are a number of proposals for the banks, the FDIC, Federal Reserve, and Treasury.
By 

How to Restore Small Bank Lending

The Fed should lend unsecured and in unlimited quantities to all member banks at its target interest rate, while dropping all requirements that a percentage of bank funding be 'retail' deposits.
By