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 Joseph Lawler | 09/04/14 03:38 PM
The average American family's finances continued to suffer long after the recession ended and the recovery began, new data show.
By Joseph Lawler | 09/04/14 12:06 PM
European Central Bank President Mario Draghi said the bank's governing council was "unanimous in its commitment to using additional unconventional instruments within its mandate" if they became necessary to prevent inflation from falling too low.
By Joseph Lawler | 09/03/14 08:51 PM
In addition to requiring banks to hold more liquid assets, regulators have finalized plans to mandate banks to have more capital relative to their risk-weighted assets.
By Joseph Lawler | 09/03/14 11:55 AM
An official at the Federal Reserve said the new measure would ensure that banks hold enough assets that "can be converted quickly and easily into cash in the amount needed" to avoid having its assets tied up when a creditor demands payment.
By Joseph Lawler | 09/01/14 12:55 PM
For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.
08/26/14 02:00 PM
WASHINGTON (AP) — Economists appear to be of two minds about the Federal Reserve. They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk...
By Lawrence Kudlow | 08/25/14 10:07 PM
The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.
By Joseph Lawler | 08/25/14 08:57 AM
New Jersey Republican Senate candidate Jeff Bell, who is running against incumbent Democrat Sen. Cory Booker, is making criticism of the Fed and a return to the gold standard the centerpiece of his campaign.
By Ed Sykes | 08/22/14 05:01 PM
Federal Reserve Chairwoman Janet Yellen's speech Friday at an annual summit of central bank leaders paints a picture of what to expect in the coming months.
By Joseph Lawler | 08/22/14 11:00 AM
The Fed chairwoman, speaking Friday at a conference of top central bankers in Jackson Hole, Wyo., acknowledged that the Fed is nearing a tipping point in its calculation between tightening monetary policy at the risk of creating more unemployment and keeping money too loose for too long.
By Joseph Lawler | 08/20/14 03:17 PM
Most Fed officials expect that job gains will continue to accelerate and inflation will start rising in 2014.
By Joseph Lawler | 08/19/14 09:17 AM
Although consumer inflation, as measured by the Consumer Price Index, slowed in July, it also has now been above 2 percent annually for longer than any time since 2012.
By Lawrence Kudlow | 08/18/14 08:40 PM
The sooner we truly give up on Keynesianism, the sooner we can fix this economy.
By Joseph Lawler | 08/18/14 04:29 PM
A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts.
By Brian Hughes | 09/22/14
By Byron York | 09/22/14
By Paul Bedard | 09/21/14
By Washington Examiner | 09/22/14
By Kelly Cohen | 09/22/14