By Joseph Lawler | 11/13/13 12:57 PM
Who will begin unwinding the Fed's $85-billion-a-month bond-buying program: Ben Bernanke or Janet Yellen?
By Joseph Lawler | 11/13/13 12:40 PM
Ted Cruz is joining fellow Republican Sen. Rand Paul's bid to get a Senate vote on a bill to audit the Federal Reserve by holding up Janet Yellen's nomination to be Fed chairman. Ahead of Yellen's confirmation hearing on Thursday morning, the Texan said in a statement: "I agree with Rand Paul:...
By Associated Press | 11/13/13 09:39 AM
Oil hovered above $93 a barrel Wednesday after a plunge the day before, when investors worried that U.S. crude supplies remain high and that the Federal Reserve could decide soon to reduce its economic stimulus program.
By Timothy P. Carney | 11/12/13 06:09 PM
A small group of unelected government officials in Washington have the power to bail out banks and other financial institutions, free from budgetary constraints or democratic accountability. Yet insiders don't think the public has any right to know what's going behind the curtain. Sen. Rand...
11/12/13 02:42 PM
Federal Reserve Bank of Atlanta President Dennis Lockhart, who has backed record stimulus, said he wants to see inflation accelerate toward the Fed’s 2 percent goal before the central bank reduces $85 billion in monthly bond purchases.
By Joseph Lawler | 11/12/13 12:14 PM
The Federal Reserve's quantitative easing program is "the greatest backdoor Wall Street bailout of all time," according to one former Federal Reserve official. Writing in the Wall Street Journal's opinion pages, Andrew Huszar says the Fed has made large-scale purchases of Treasury and...
By Joseph Lawler | 11/12/13 11:21 AM
America’s small businesses remain pessimistic about the economy, but the problems they’re facing have changed over the past year.
By Associated Press | 11/12/13 09:37 AM
LONDON (AP) — Markets were unmoved Tuesday by a promise from China's political leaders for the free market to play a bigger role in the country's state-dominated economy. At the end of a four-day meeting aimed at producing a reform blueprint for the coming decade, Communist Party leaders...
By Joseph Lawler | 11/11/13 02:56 PM
American Action Forum President Douglas Holtz-Eakin is pushing back against complacency over deficits this week and calling for renewed attention to the problem of the United States’ long-term debt.
11/11/13 12:22 PM
(www.nytimes.com) At a meeting on financial crises, Lawrence H. Summers and Ben S. Bernanke engaged in a lively debate on the Fed’s monetary policy.
By Charlie Spiering | 12/04/13
By Paul Bedard | 12/05/13
By Noemie Emery | 12/04/13
By Paul Bedard | 12/04/13
By Joel Gehrke | 12/03/13