President Obama's standard gripe is that the economy has performed so poorly during his term because of the financial crisis he inherited from George W. Bush. But this week it is Mr. Obama who has bequeathed to his successors a landmark in ...
For all those complaining about how the Federal Reserve's easy-money policies are debauching the currency, a look at artist Sean Monaghan's re-renderings of legal tender will be scary.
A Federal Reserve regional bank president on Thursday said board members should resign if they undermine public confidence in the central bank system.
In a post-crisis economy where monetary policymakers are forced to think and act outside the box, using traditional models to guide policy decisions poses many challenges, a top Federal Reserve official said Friday.
Jerome Powell was sworn in to the Federal Reserve's Board of Governors on Friday, the central bank said in a statement. Fed Chairman Ben Bernanke administered the oath to Powell, 59, in the central bank's Board Room Friday. The Senate ...
NEW YORK (MarketWatch) — Treasury prices turned up Wednesday, pushing yields back towards multi-month lows, after minutes from the Federal Reserve’s latest meeting showed some officials were not confident enough about signs of an upturn in ...
From an April 30 debate on Bloomberg Television between Rep. Ron Paul and economist Paul Krugman: Ron Paul: I don't want the government or the Federal Reserve fixing the rate of interest. That's price fixing. . . . This idea that somebody or ...
WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday announced a revised schedule for its interest-rate-setting meetings and said all of its decisions will be made over two days.
From a speech by James Grant to the New York Federal Reserve Bank, March 12: For reasons you never exactly spell out, you pledge to resist "deflation." You won't put up with it, you keep on saying—something about Japan's lost decade or the ...
Expectations for U.S. economic growth, while "pretty disappointing" at around 2.4%, is sufficient to keep the central bank from easing monetary policy, Federal Reserve Bank of New York President William Dudley said.
NEW YORK—U.S. Treasury prices rose as investors opted to head into the long holiday weekend with their money in the safe-haven bond market. The market rounds out the session early at 2 p.m. EDT and will remain closed Monday for Memorial Day. ...
Manufacturing activity in the Federal Reserve Bank of Kansas City's district this month recovered all the ground lost in April, according to a report released by the bank Thursday.
WASHINGTON (MarketWatch) — Federal Reserve officials weren’t confident in recent indicators to upgrade their description of the economy as “several” say more easing could be needed if momentum slows, according to minutes released by the ...
WASHINGTON (MarketWatch) — Downside risks to the economic outlook are a key reason for sticking to the current guidance that short-term interest rates are likely to remain ultra-low until late 2014, a key Fed official said Thursday.
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