By Joseph Lawler | 09/18/14 10:18 AM
The Fed chairwoman noted that families are still struggling in the wake of the recession, even though the economy has steadily, if slowly, improved.
By Joseph Lawler | 09/17/14 02:32 PM
The central bank's monetary policy committee maintained its promise that it would keep short-term interest rates near zero for a "considerable time" in its statement following a two-day meeting Wednesday.
By Joseph Lawler | 09/17/14 08:52 AM
The Bureau of Labor Statistics reported Wednesday that consumer prices rose 1.7 percent for the year ending in August. The Consumer Price Index fell at a 0.2 percent annual rate in August, adjusted for seasonal variation.
09/16/14 02:15 PM
WASHINGTON (AP) — When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time." The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first increase in...
By Joseph Lawler | 09/15/14 08:14 PM
Chairwoman Janet Yellen and the Fed's monetary policy committee will meet this week. The Fed will decide how long it will wait to raise short-term interest rates after reducing purchases of Treasury and mortgage-backed securities to zero.
By Joseph Lawler | 09/12/14 04:33 PM
The Federal Reserve is taking new steps to guard against again being caught by surprise by threats to the financial system.
By Timothy P. Carney | 09/12/14 12:57 PM
An underappreciated aspect of inflation, in my view, is how it allows real wages to fall.
By Joseph Lawler | 09/10/14 07:47 PM
If Republicans take control of the Senate after the November elections, Obama's ability to appoint his preferred candidates to the Federal Reserve Board of Governors would be limited.
By Joseph Lawler | 09/09/14 01:38 PM
Warren launched into an extended criticism of regulators at a Senate hearing after Federal Reserve Governor Daniel Tarullo said that he didn't know whether his agency had referred any bank executives to the Justice Department for criminal prosecution.
By Joseph Lawler | 09/09/14 12:18 PM
Federal regulators expect to finish writing this year a long-overdue mortgage regulation that was one of the most important provisions of the 2010 Dodd-Frank financial reform law.
By Joseph Lawler | 09/08/14 06:57 PM
Requiring big banks to hold extra capital is required by the 2010 Dodd-Frank financial reform law and the Basel III international accords on banking regulations, both of which were drafted in the wake of the 2008 crisis to prevent bank failures that threaten to bring down the financial system and...
By Joseph Lawler | 09/06/14 02:06 PM
Four years after the Dodd-Frank financial reform law passed Congress, most of its big regulatory provisions have been written. But that doesn't mean that the lobbying and politicking over the legislation is over.
By Paul Bedard | 09/05/14 10:32 AM
The latest disappointing jobs report, which showed unemployment creeping up, shows that the economy continues to rely on cheap and temporary labor, according to a key financial analyst.
By Joseph Lawler | 09/04/14 07:15 PM
New regulations intended to prevent future financial panics will force banks and other companies to hold more Treasury securities.
09/04/14 05:30 PM
WASHINGTON (AP) — The richest 10 percent of Americans were the only group whose median incomes rose in the past three years, the Federal Reserve said Thursday in a report on consumer finances. The Fed said that incomes declined for every other group from 2010 to 2013, widening the gap between...
By Philip Klein | 09/19/14
By Paul Bedard | 09/21/14
By Susan Ferrechio | 09/21/14
By Susan Ferrechio | 09/21/14
By Paul Bedard | 09/18/14