Former Fed chief Bernanke endorses BOJ's inflation goal

Business / Economy May 24, 2017

Former Fed chief Bernanke endorses BOJ's inflation goal

Former head of the U.S. Federal Reserve, Ben S. Bernanke, endorsed the Bank of Japan's extraordinary easing measures to break free of persistent deflation and underlined the importance of coordinating monetary policy with fiscal stimulus. "Despite improvement in the Japanese economy, I think there's still ...

Yellen aims to take over Herculean effort at Fed

Business 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 ...

Editorials 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

Business 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. Almost ...