Stanley Fischer, the White House’s nominee for Federal Reserve vice chairman, on Wednesday received an award from the Stanford Institute for Economic Policy Research for his contributions to economic policy.
In choosing to be called "chair" -- not "chairwoman" -- of the Federal Reserve, Janet Yellen shows that leadership should be genderless
The Zambian kwacha has been falling for several months as the Federal Reserve's tapering of its asset purchase program has caused the dollar to strengthen, roiling currencies in emerging markets. More recently however, the blow to copper prices has weighed on the kwacha as well, as Zambia is Africa's largest copper producer. Show More Summary
On Monday night's episode of The Independents, the libertarian-leaning Rep. Jared Polis (D-Colorado) explained the impetus behind his ongue-in-cheek letter to Federal Reserve Chair Janet Yellen and other regulators asking them to consider banning the dangerous, untraceable, irritatingly anonymous U.S. dollar: Reason on Polis here. Show More Summary
President Obama’s nominees for Federal Reserve are slated to appear Thursday before the Senate Banking committee for their confirmation hearing. Here’s a quick refresher on who the candidates are and how they could shape the central bank: Stanley Fischer: The former governor of the Bank of Israel is a giant in the world of central banking, […]
Federal Reserve Vice Chairman-designate Stanley Fischer's prepared testimony before the Senate banking committee was released today.
According to the Federal Reserve, the net worth of all U.S. households combined recently hit a new all-time high at $80.66 trillion. That’s remarkable, especially when considering that before the 2008 Global Financial Crisis the Read More...
(Reuters) - Two nominees to top Federal Reserve policymaking posts stressed the importance of financial stability and getting Americans back to work as key goals for U.S. central bank.
An interview with John Williams, president of the Federal Reserve Bank of San Francisco, about recent economic trends and the Fed's response.
WASHINGTON (Reuters) - Federal Reserve Governor Jerome Powell said the U.S. central bank faces a "careful balancing" act in trying to remove its monetary policy accommodation at the right pace.
WASHINGTON (Reuters) - The U.S. Senate on Wednesday approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department, backing a critic of Wall Street to help coordinate an overhaul of financial regulations.
The Senate has confirmed Federal Reserve Governor Sarah Bloom Raskin as deputy secretary at the Treasury Department, making her the highest-ranking woman in the agency’s history. Raskin cleared the Senate on a voice vote nearly eight months after she was nominated for the position. Raskin joined the Fed in 2010 and was known for her focus […]
Since December, we have been covering a steadily building conversation on Wall Street about the possibility that the Federal Reserve seeks to move early in exiting its zero interest rate regime of extraordinary monetary stimulus, especially...Show More Summary
WASHINGTON (Reuters) - The Federal Reserve is expected to start raising U.S. interest rates in the third quarter of next year as the unemployment rate falls and the economy charts a new path of stronger growth, a Reuters survey of economists showed.
DoubleLine Funds' Jeff Gundlach doesn't expect the Federal Reserve to unwind its quantitative easing (QE) program without doing some damage to the markets and the economy. But if the Fed can pull it off, he thinks it could go down as one of the greatest discoveries of our time. Show More Summary
NEW YORK/SAN FRANCISCO (Reuters) - Janet Yellen's first policy-setting meeting as chair of the U.S. Federal Reserve will focus on how to finesse a rewriting of the central bank's promise to keep interest rates low without roiling financial markets.
This article originally appeared on institutionalinvestor.com on March 5 2014. To fulfill its dual mandate of price stability and full employment the Federal Reserve has been guided by the Taylor rule since the 1990s. The Taylor rule...Show More Summary
By J.J. McGrath: Share prices of the SPDR S&P 500 ETF (SPY), SPDR S&P MidCap 400 ETF (MDY) and iShares Core S&P Small-Cap ETF (IJR) all have been driven higher by the U.S. Federal Reserve's current quantitative-easing (QE) program, which was announced after a Federal Open Market Committee (FOMC) meeting on Sept. Show More Summary
By Bret Jensen: Income investors have had to be nimble over the last few years due to the ultra-low interest rate environment courtesy of the Federal Reserve. Many intrepid yield investors have learned to get outside their comfort zones...Show More Summary
Janet Yellen, our newly minted Federal Reserve chair, loves herself some JOLTS. The Job Openings and Labor Turnovers Survey (JOLTS) may not get as much attention as the monthly jobs report, but Yellen has cited JOLTS in the past as one of her favorite labor market indicators. Show More Summary