More Federal Reserve Articles

  • Survey: Economists see US growth pickup this year

    With the pace of U.S. economic growth seen speeding up later this year and next, many business economists expect the Federal Reserve to end its bond purchases this fall or even earlier.

  • The week ahead in economics: Clarifying Janet Yellen, the debt and consumer confidence

    Last week, Federal Reserve Chairwoman Janet Yellen briefly threw off markets with an offhanded remark following the Fed's monetary policy announcement that the first interest rate hikes in more than five years would likely come roughly six months after the Fed's monthly asset purchases have been...

  • Nearly all major US banks pass Fed 'stress tests'

    WASHINGTON (AP) — More than five years after the financial crisis struck, the biggest U.S. banks are better able to withstand a severe recession than at any time since the meltdown, the Federal Reserve has determined. Results of the Fed's annual "stress tests" showed Thursday that all but one...

  • Asian markets bounce on upbeat US economic data

    HONG KONG (AP) — Asian stock markets rebounded Friday as upbeat U.S. economic data helped shake off worries about future increases in U.S. interest rates. Trading was subdued as Japanese markets were closed for a public holiday. The Conference Board index of leading indicators, a measure of...

  • Federal Reserve: Banks better positioned to withstand crisis, even with huge losses

    U.S. megabanks are better poised now to survive a crisis than they were in 2008, the Federal Reserve announced Thursday, despite the fact that they would suffer massive losses in another panic. The Fed announced the results of the stress tests it conducts as required by the Dodd-Frank...

  • The five numbers Janet Yellen watches for signs the jobs market is improving

    On Wednesday, the Federal Reserve announced that it was discontinuing its 6.5 percent unemployment rate threshold for considering raising short-term interest rates above zero percent. Instead of the unemployment rate, the Janet Yellen-led Fed said that it would “assess progress” toward...

  • Asian stocks fall on Fed interest-rate message

    TOKYO (AP) — Asian stocks fell Thursday after comments from the new head of the Federal Reserve suggested U.S. interest rates could rise sooner than financial markets were anticipating. Janet Yellen's comments after the Fed's first policy meeting since she replaced Ben Bernanke sent Wall...

  • Yellen's tightrope walk in first Q&A as Fed chair

    WASHINGTON (AP) — At her first news conference as Federal Reserve chair, Janet Yellen had a message for the financial world: The U.S. economy may need several more years to fully heal from the Great Recession. With investors around the world hanging on her words, she conveyed the calm voice...

  • New Fed chair's 'dashboard' of job-market gauges

    WASHINGTON (AP) — The Federal Reserve on Wednesday downplayed the unemployment rate as a guide to the U.S. economy's health. But Janet Yellen, the new Fed chair, didn't leave investors in the dark. Instead, she listed five gauges that make up her "dashboard" for tracking the economy. She also...

  • Beyond unemployment: Yellen lists key job gauges

    WASHINGTON (AP) — The Federal Reserve on Wednesday downplayed the unemployment rate as a guide to the U.S. economy's health. But Janet Yellen, the new Fed chair, didn't leave investors in the dark. Instead, she listed five gauges that make up her "dashboard" for tracking the economy. She also...

  • Fed clarifies guidance on short-term rates

    WASHINGTON (AP) — Janet Yellen tried at her first news conference as Federal Reserve chair to clarify a question that's consumed investors: When will the Fed start raising short-term interest rates from record lows? Yellen stressed that with the job market still weak, the Fed intends to keep...

  • Janet Yellen comes off as a monetary 'hawk' in first press conference at Federal Reserve

    Janet Yellen sounded "hawkish" -- more inclined to raise rates and avoid inflation -- in her first press appearance as chairwoman of the Federal Reserve Wednesday. Or, at least, that was what investors took away from her comments. Stock markets fell after the Fed released its statement of...

  • Gold prices sink after Fed scales back stimulus

    Gold prices slid Wednesday after the Federal Reserve decided to scale back its support for the economy. The April gold contract fell $17.70, or 1 percent, to settle at $1,341.30 an ounce. The Fed voted to trim its monthly purchase of bonds by $10 billion to $55 billion. The Fed also said a...

  • Comparing US Fed's views on economy, rates

    A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting Jan. 28-29: INTEREST RATES: Now: The Fed has become less specific about when it will raise its benchmark short-term interest rate: "The Committee will assess progress — both...

  • Text of the Federal Reserve's statement Wednesday

    WASHINGTON (AP) — The statement the Federal Reserve released Wednesday after its two-day policy meeting: Information received since the Federal Open Market Committee met in January indicates that growth in economic activity slowed during the winter months, in part reflecting adverse weather...



From the Weekly Standard