Housing advocates protest OneWest Bank's appalling record on foreclosures. Two banks with troubled histories of foreclosures and squandered public bailouts are now asking the Federal Reserve to merge, making them “too big to fail”—and...Show More Summary
How can the Federal Reserve even think about raising rates when price pressures are falling so short of the central bank’s official 2% target? That’s been a question on the minds of many central bank watchers, some Fed officials and financial market participants for some time.
Federal Reserve Bank of San Francisco President John Williams said Friday the U.S. economy remains on a solid path that will open the door to interest-rate increases in the summer.
If Federal Reserve Chairwoman Janet Yellen would like to start shifting the central bank away from rhetoric that has pointed to a first interest-rate increase around midyear, next month’s semiannual testimony before Congress may be just the forum.
The path to higher interest rates could get bumpier for stock investors.
Federal Reserve Bank of St. Louis President James Bullard said in a television interview on Friday that the U.S. economy remains on a solid path that argues for raising interest rates relatively soon.
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for December 2014. In the past month, the indexes increased in 46 states and remained stable in four, for a one-month diffusion index of 94. Show More Summary
By Hideyuki Sano TOKYO (Reuters) - Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signaling that the U.S. central bank remains firmly on track with plans to raise interest rates this year. Show More Summary
For the first time since December 2009, Richmond Fed President Jeffrey Lacker was not the odd man out. Mr. Lacker did not dissent over the Federal Reserve policy statement Wednesday, joining his colleagues to say the central bank would be “patient” in deciding when to start raising short-term interest rates.
By Michael Flaherty and Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. Show More Summary
The Federal Reserve’s policy meeting Tuesday and Wednesday is likely to yield at most marginal changes to the central bank’s economic assessment and policy signals, with officials await more economic data before deciding when to raise interest rates. The central bank’s policy statement, to be released at 2 p.m. ET.
The Richmond Federal Reserve Bank said that manufacturing activity continued to expand modestly in January. The composite index of generalRead the Rest...
Texas manufacturers have been hurt by lower petroleum prices. The Dallas Federal Reserve Bank said that manufacturing activity contracted inRead the Rest...
The premise of this book is that Western countries are ultimately controlled by a group of private banks, which, according to the book, runs their central banks. This book uses the claim that the Federal Reserve is a private body to support its role. Show More Summary
By Ingrid Melander PARIS (Reuters) - After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path. Show More Summary
By Caroline Valetkevitch NEW YORK (Reuters) - The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan. Show More Summary
New research from the Federal Reserve Bank of Philadelphia argues that it’s possible for the economics profession to do better.
In Davos, former Treasury Secretary and would-be Federal Reserve Chairman Larry Summers warns the U.S. central bank to put off any increases to short term interest rates, citing deflation and secular stagnation as...
Authored by Tadashi Nakamae of Nakamae International Economic Research, Perhaps economic policymakers, including Federal Reserve Chair Janet Yellen and the Bank for International Settlements, should take a closer look at Japan, China,...Show More Summary
What’s more, Mike Corbat has some other goodies for his shareholders in the works as well. Morgan Stanley’s Betsy Graseck says the bank is “well positioned” for the Federal Reserve’s stress tests this spring. She estimates that Citigroup...Show More Summary