Federal Reserve Chairwoman Janet Yellen said Friday that overseas central bank stimulus is mixed but ultimately positive for the U.S. economy.
Despite significant cost-cutting measures taken in recent years, Illinois school districts are having to tap into their reserves and borrow more as state and federal funding dries up, according to a new report by the Illinois State Board...Show More Summary
Andrew Harrer/Bloomberg via Getty ImagesFederal Reserve Chair Janet Yellen By Ann Saphir and Michael Flaherty SAN FRANCISCO and WASHINGTON -- An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual...Show More Summary
Here are five key quotes from Federal Reserve Chairwoman Janet Yellen's remarks to a conference at the San Francisco Fed.
But the Federal Reserve chair stresses that any rate increases would likely be very gradual
Federal Reserve chair says 'gradualistic approach,' spells out hawkish risks.
Federal Reserve chair Janet Yellen said interest rate hikes could be coming later this year. In a speech at the San Francisco Fed on Friday, Yellen said: With continued improvement in economic conditions, an increase in the target range for that rate may well be warranted later this year. Show More Summary
The Federal Reserve’s No. 2 official urged regulators to be vigilant in monitoring risks in the so-called shadow-banking sector.
The Federal Reserve should be very cautious about raising interest rates just because the headline unemployment rate is falling, according to new research from two former central bank officials who are concerned the often-cited figure vastly overstates improvements in the job market.
Americans are becoming increasingly comfortable using their cell phones for basic banking and payments, though security concerns still inhibit greater traction in mobile banking, according to a Federal Reserve survey of consumers published Thursday.
As the stock market prepares to close later today, Yellen will deliver a speech on the new normal for monetary policy at a conference hosted by the San Francisco Federal Reserve, of which she was previously the President.
This chart comes from the Federal Reserve's new report on mobile banking. In most of these categories, people who claim not to be mobile payments users have actually made some kind of mobile payment — almost to the extent that self-identified mobile payments users have. Join the conversation about this story » NOW WATCH: 14 things you didn't know your iPhone headphones could do
Investors seem pretty optimistic about the European stock market. With fears of a June interest rate hike by the Federal Reserve abating and worries rising about U.S. corporate earnings, investors pushed into European equity funds during the seven-day span ending March 25 and exited U.S. funds during the same period, according to data released by [...]
NEW YORK (Reuters) - U.S. stock index futures dipped on Friday, setting indexes up for a full week of daily declines, as the dollar index added to the previous session's rebound ahead of a speech from Federal Reserve Chair Janet Yellen. Show More Summary
(Reuters) - U.S. Federal Reserve Vice Chair Stanley Fischer said on Friday that the nonbank financial sector today is less vulnerable to the type of shocks that played a key role in spreading the U.S. financial crisis. Fischer, who chairs...Show More Summary
Back in 1965, much as today, the Federal Reserve's main inflation gauge was running at a low 1.25%, labor costs were growing slowly and the unemployment rate was half a percentage point above what then was viewed as optimal.
The expansionary monetary policies of the ECB and the Bank of Japan will make it more difficult for the Federal Reserve to achieve policy normalisation.
Federal Reserve Bank of Atlanta President Dennis Lockhart said Thursday he's paying increased attention to what has been a rising dollar to see if it's weighing on the economy at a time where the central bank is getting closer to raising interest rates.