Fed

(AP Photo)

How Fed policymakers affect the economy

(The Associated Press) – The Federal Reserve’s chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy. Here is a look at how the […]

05/02/2013

(AP Photo)

Fed keeps stimulus, says taxes and cuts have hurt

WASHINGTON (AP) — The Federal Reserve on Wednesday stood by its aggressive efforts to stimulate the economy and reduce unemployment. And it sent its most explicit signal to date that tax increases and spending cuts […]

05/01/2013

Ben Bernanke

Bernanke: Low interest-rate-policies benefit trade

WASHINGTON (AP) — Chairman Ben Bernanke said Monday that the Federal Reserve’s low-interest-rate policies are helping to boost growth around the world, rejecting criticism that they could lead to a global currency war.

03/25/2013

Ben Bernanke

Bernanke: Stimulus hinges on sustained improvement

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said Wednesday that even though the U.S. economy has improved in recent months, the Fed won’t alter its aggressive stimulus policies until it is convinced the gains can be sustained.

03/20/2013

(AP Photo)

Fed stands by stimulus, sees stronger US economy

WASHINGTON (AP) — The Federal Reserve said Wednesday that the U.S. economy has strengthened after pausing late last year but still needs the Fed’s extraordinary support to help lower high unemployment.

03/20/2013

Ben Bernanke

Fed to change timing of policy statement

WASHINGTON (AP) — The Federal Reserve is changing its schedule for issuing policy statements, a shift that will give Chairman Ben Bernanke more control over how investors respond to the Fed’s decisions.

03/13/2013

Fed official hints at longer period for low rates

WASHINGTON (AP) — Federal Reserve Vice Chairman Janet Yellen says the central bank may keep its key short-term interest rate at a record low even after unemployment falls close to a more normal level.

02/11/2013

(AP Photo)

Fed: Hackers breached website with contact info

WASHINGTON (AP) — The Federal Reserve says an internal website was briefly breached by hackers but no critical Fed operations were affected.

02/06/2013

Transcripts show Fed underestimated crisis in 2007

WASHINGTON (AP) — Federal Reserve officials in 2007 underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the worst recession since the Great Depression.

01/18/2013

Bernanke makes strong defense of Fed rate policies

WASHINGTON (AP) – Chairman Ben Bernanke is offering a sharp defense of the Federal Reserve’s bold policies to stimulate the weak economy, while cautioning Congress to respect its private discussions. Bernanke says the Fed needs […]

10/01/2012

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