Fed tipped to keep stimulus trim despite market turbulence

Jan 28, 2014

Fed tipped to keep stimulus trim despite market turbulence

Just as Ben Bernanke prepares to turn the chairmanship of the Federal Reserve over to Janet Yellen, global markets are on edge over the prospect that she’ll extend a policy he began: a steady pullback in the Fed’s extraordinary economic stimulus. Managing a slowdown ...

Yellen aims to take over Herculean effort at Fed

Oct 10, 2013

Yellen aims to take over Herculean effort at Fed

by Neil Irwin

President Barack Obama formally nominated Janet Yellen as the 15th chair of the Federal Reserve on Wednesday, ensuring that the powerful U.S. central bank will be led for the next four years by someone who shares the basic philosophy of the current chairman, Ben ...

Sep 22, 2013

The Fed's surprise decision

The decision by the U.S. Fed to continue its bond-buying program surprised financial market players who had thought that the U.S. was on a path of gradual economic recovery.

Fed approves rules requiring banks to set aside more capital

Jul 3, 2013

Fed approves rules requiring banks to set aside more capital

The Federal Reserve Board on Tuesday ordered banks to set aside more capital as a cushion against losses, bringing the United States in line with developing international standards and opening the door for a set of tougher rules for the nation’s biggest financial institutions. ...