By Joseph Lawler | 11/14/13 05:32 AM
As a star economist and vice chairman of the Federal Reserve since 2010, Janet Yellen had a compelling claim to succeed Ben Bernanke as Fed chairman. But it was political machinations that led to her nomination for the top job.
By Joseph Lawler | 11/14/13 05:13 AM
Is tapering tightening? Janet Yellen may not get that question in those exact words at her confirmation hearing Thursday, but it is one she will have to answer successfully to succeed if she is installed as the chairman of the Federal Reserve early next year.
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 | 11/12/13 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.
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 Joseph Lawler | 10/30/13 02:53 PM
The Federal Reserve announced no significant changes to monetary policy Wednesday afternoon, meaning that its $85 billion a month bond-buying program will remain in place and at its current size for now. No major moves were expected. In a statement released at the end of a two-day meeting of...
By Philip Klein | 12/11/13
By Paul Bedard | 12/12/13
By David Freddoso | 12/12/13
By Charles Hoskinson | 12/12/13
By Noemie Emery | 12/11/13