By Joseph Lawler | 09/03/14 08:51 PM
In addition to requiring banks to hold more liquid assets, regulators have finalized plans to mandate banks to have more capital relative to their risk-weighted assets.
By Joseph Lawler | 09/03/14 11:55 AM
An official at the Federal Reserve said the new measure would ensure that banks hold enough assets that "can be converted quickly and easily into cash in the amount needed" to avoid having its assets tied up when a creditor demands payment.
By Joseph Lawler | 09/01/14 12:55 PM
For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.
08/26/14 02:00 PM
WASHINGTON (AP) — Economists appear to be of two minds about the Federal Reserve. They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk...
By Lawrence Kudlow | 08/25/14 10:07 PM
The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.
By Joseph Lawler | 08/25/14 08:57 AM
New Jersey Republican Senate candidate Jeff Bell, who is running against incumbent Democrat Sen. Cory Booker, is making criticism of the Fed and a return to the gold standard the centerpiece of his campaign.
08/23/14 12:16 AM
JACKSON HOLE, Wyoming (AP) — If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message: The picture is still hazy. Though the unemployment rate has steadily dropped, Yellen suggested that other gauges of the...
By Ed Sykes | 08/22/14 05:01 PM
Federal Reserve Chairwoman Janet Yellen's speech Friday at an annual summit of central bank leaders paints a picture of what to expect in the coming months.
By Joseph Lawler | 08/22/14 11:00 AM
The Fed chairwoman, speaking Friday at a conference of top central bankers in Jackson Hole, Wyo., acknowledged that the Fed is nearing a tipping point in its calculation between tightening monetary policy at the risk of creating more unemployment and keeping money too loose for too long.
08/22/14 07:30 AM
WASHINGTON (AP) — Two days after the Federal Reserve revealed an intensifying internal debate over interest rates, Chair Janet Yellen will address the annual Fed conference in Jackson Hole, Wyoming, with investors seeking any clear hints of when it will start raising rates. The subject of...
08/21/14 11:46 PM
HONG KONG (AP) — Asian stocks inched higher on Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. Gains were tempered as investors awaited a key meeting of U.S. central bankers that's expected to shed light on...
08/20/14 04:15 PM
WASHINGTON (AP) — Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates. Minutes of the Fed's discussion at its July 29-30...
08/20/14 04:15 PM
NEW YORK (AP) — A late round of buying is leaving stock indexes mostly higher. Bond prices fell, sending yields higher, on word that Federal Reserve policymakers were leaning toward raising interest rates. The Dow Jones industrial average rose 59 points, or 0.4 percent, to close at 16,979...
By Joseph Lawler | 08/20/14 03:17 PM
Most Fed officials expect that job gains will continue to accelerate and inflation will start rising in 2014.
08/20/14 01:16 PM
WASHINGTON (AP) — Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his...
By Becket Adams | 09/16/14
By Paul Bedard | 09/16/14
By Paul Bedard | 09/17/14
By David M. Drucker | 09/16/14
By Susan Crabtree | 09/17/14