More Federal Reserve Articles

  • Yellen sees little threat to financial stability

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system. Yellen said she does see "pockets" of increased risk-taking. But she...

  • Why Janet Yellen won't raise rates to prevent another financial bubble

    There's no financial bubble right now worrisome enough to justify raising interest rates, Federal Reserve Chairwoman Janet Yellen reasserted Wednesday.

  • Most households still not borrowing

    Six years out from the financial crisis, most Americans are still not borrowing more, despite well-qualified borrowers taking out loans.

  • The week ahead in economics: Two big questions about the U.S. economy will be answered this week

    On Thursday, the Bureau of Economic Analysis will release May data on personal income and spending. That report will include the personal consumption expenditures price index, which is the price index that officials at the Federal Reserve watch most closely.

  • Fed sees healthy unemployment a year earlier than projected

    Federal Reserve Chairwoman Janet Yellen proclaimed “welcome news” in April: The prospect of a healthy economy was within the medium-term forecast. Fed officials expected the unemployment rate to fall to near 5.5 percent, with inflation stabilizing near the Fed's 2 percent target. The...

  • Janet Yellen sees no need to prick any bubbles or beat back inflation

    The Federal Reserve isn't likely to cut its stimulus programs short to stave off rising inflation or reduce the risk of an asset bubble, Chairwoman Janet Yellen suggested Wednesday. The Fed reasserted in its monetary policy announcement that its bond-buying program and promises to keep...

  • Federal Reserve takes a step toward ushering out stimulus

    The Federal Reserve moved closer to ushering out its massive quantitative easing program Wednesday, announcing that it would reduce its monthly stimulus by $10 billion.

  • International Monetary Fund cuts U.S. growth forecast

    The International Monetary Fund sees a more painful short-term future for the U.S. economy than the U.S. government does. The IMF on Monday projected U.S. growth clocking in at just under 2 percent this year, a significant downgrade from the IMF's projection of 2.7 percent growth last year....

  • Federal Reserve prepared to lower two big projections

    With inflation expected to rise and unemployment projected to fall, the taper is likely to continue despite negative economic growth.

  • Feds look to water down mortgage reform

    Three years after it was proposed, one of the major post-crisis mortgage regulations is on track to be finalized — but on terms much looser than originally envisioned.

  • Senate confirms two Federal Reserve nominees

    The Senate confirmed two candidates to the Federal Reserve Board of Governors Thursday afternoon, bringing the total number of board members to five just one week before the central bank's next monetary policy meeting. Next week's meeting of the Federal Open Market Committee will be the first...

  • Small businesses see a huge sign of improvement in the economy

    The U.S. economy notched an important step in its long and slow recovery Tuesday with the release of the National Federation of Independent Business's survey of small businesses. The share of firms saying that a lack of sales was their single most important problem fell to the lowest level...

  • Republicans should reclaim Ronald Reagan's economic voice

    Despite a shrinking economy in the first quarter and outright declines for consumer spending and manufacturing in April, the May jobs report delivered the fourth-straight monthly gain above 200,000, with nonfarm payrolls jumping 217,000. This is the best four-month increase since late 1999. And...

  • The Fed's unofficial new goal

    It appears that over the past 18 months the Federal Reserve has given itself a third, unofficial mandate. In 1977, Congress gave the quasi-independent central bank what's known as a dual mandate: It is supposed to promote "the goals of maximum employment, stable prices and moderate long-term...

From the Weekly Standard