Has President Obama ordered the Federal Reserve to adopt the Euro?
What could possibly be more ubiquitous than McDonald's? Payday lenders, according to an article running in Inside the Vault, a newsletter put out by the St. Louis Federal Reserve. By its count, there are roughly 20,000 payday lender locations in the US, which works out to one for about...
By Jason Lange WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year. Show More Summary
``Despite the Federal Reserve ending its purchases of Treasury bonds, U.S. monetary policy remains accommodative -- and will be for a long time to come. The downside is too great. Withdrawing fiscal stimulus would slow economic activity. Show More Summary
U.S. inflation remained below the Federal Reserve's annual 2% target for the 30th consecutive month in October.
Samuel Rines Economics, United States The Federal Reserve has been accused, among many other things, of ignoring the global economy. Vice Chairman Stanley Fischer would beg to differ. In a speech in early October he delivered to theShow More Summary
The Federal Reserve has been under fire of late — accused of coddling the Wall Street bankers it’s tasked with regulating. In September, Jake Bernstein broke the story of Carmen Segarra’s revelations about the inner workings of the New York Fed for ProPublica and the public radio...
Nancy Teeters, who in 1978 became the first woman on the Federal Reserve board of governors, then continued to stand out by opposing Fed Chairman Paul Volcker's anti-inflation campaign, has died. She was 84.
Submitted by Michael Snyder of The Economic Collapse blog, From the dawn of history, elites have always attempted to enslave humanity. Yes, there have certainly been times when those in power have slaughtered vast numbers of people,Show More Summary
WASHINGTON (Reuters) - The U.S. Federal Reserve on Tuesday proposed to impose tougher capital standards on General Electric's finance unit, one of a handful of non-bank firms deemed critically important to the health of the financial system. Show More Summary
New figures released by the Federal Reserve Bank of New York on Tuesday show that mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans since 2000.
Household debt rose to $11.71 trillion in the third quarter. According to the New York Federal Reserve's latest Household Debt and Credit report, household debt in the third quarter rose 0.7%, or $78 billion, to $11.71 trillion, up from $11.62 trillion in the second quarter. Show More Summary
The NAM November 24 joined the Coalition for Derivatives End-Users in submitting comments to the Federal Reserve and Prudential bankingRead the Rest...
The biggest financial stories this fall centered around two whistleblowers: Carmen Segarra whose secret recordings showed that the New York Federal Reserve was in the hands of Goldman executives, and Alayne Fleishmann who violated her "$9 billion gag order" to reveal JP Morgan's fraudulent mortgage practices. Show More Summary
The Richmond Federal Reserve Bank said that manufacturing activity expanded at a slower rate in November. The composite index ofRead the Rest...
Last Friday New York Federal Reserve Chairman and former Goldman Sachs Chief Economist William Dudley went before the Senate Banking Subcommittee on Financial Institutions and Consumer Protection. Dudley testified in the wake of a slew...Show More Summary
The Federal Reserve is still engaging in what economist Terry Burnham calls “stealth quantitative easing.” Photo by Flickr user Paul Nicholson. Editor’s Note: By all accounts, the Federal Reserve ended its bond buying program, known as quantitative easing, at its policy meeting at the end of last month. Show More Summary
The Dallas Federal Reserve Bank said that manufacturers continued to expand in November. The composite index of general business conditionsRead the Rest...
Michael Corbat has circled Jan. 5, 2015, on his calendar. That's when his administrative staff at Citigroup (NYSE: C) will turn in reams of paperwork for the Federal Reserve's Comprehensive