By Joseph Lawler | 02/11/14 01:36 PM
In her first public appearance as chairwoman of the Federal Reserve, Janet Yellen fielded questions from members of the House Financial Services Committee on Tuesday. During the hearing on monetary policy, which was required by law, Yellen addressed questions about her plans for the Fed and...
By Joseph Lawler | 02/11/14 09:00 AM
Janet Yellen will signal continuity with her predecessor Ben Bernanke in her first public appearance as Federal Reserve chairwoman before the House of Representatives Tuesday morning, saying that she expects the Fed to continue to taper its asset purchases in "measured steps" in the months ahead.
By Joseph Lawler | 02/10/14 05:26 PM
One question newly-installed Federal Reserve Chairwoman Janet Yellen is sure to face at this week's monetary policy hearings on Capitol Hill is what the rapidly falling unemployment rate means for the central bank's stimulus policies.
By Associated Press | 02/10/14 08:51 AM
Oil prices were fairly steady below $100 a barrel on Monday as investors awaited comments from the new chairman of the U.S. Federal Reserve in the wake of some mixed jobs figures.
By Christopher S. Rugaber | 02/06/14 08:08 AM
Fears of an economic slowdown are heightening anticipation of what Friday's U.S. jobs report for January might reveal.
By Joseph Lawler | 02/05/14 02:21 PM
Two authoritative government agencies reported this week that retiring baby boomers have contributed heavily to the shrinking of the nation's workforce, countering fears that the recovery from the financial crisis has stalled out. Before the recession hit, the labor force participation rate...
By Paul Bedard | 02/05/14 09:09 AM
The unemployment rate for recent college graduates has spiked higher, forcing many former students with huge school loan debt to take low-wage jobs in coffee shops and shopping malls just to scrape by, according to a report from the Federal Reserve Bank of New York.
By Joseph Lawler | 02/03/14 12:06 PM
Ben Bernanke's first stop after an eight-year tenure as chairman of the Federal Reserve will be the Brookings Institution, the Washington think tank announced Monday morning. Bernanke, a Republican, will be a "distinguished fellow in residence" at the center-left Brookings' Hutchins Center on...
By Joseph Lawler | 02/03/14 08:58 AM
Janet Yellen will be sworn in as the chairwoman of the Federal Reserve at 9 a.m. on Monday morning, making her the most important economic policymaker and one of the most powerful women in the world. As she takes up her office amid a U.S. economy that is still struggling to recover from the...
By Joseph Lawler | 01/29/14 02:36 PM
The Federal Reserve announced Wednesday that it would continue tapering the size of its monthly bond purchases, saying after Ben Bernanke's last meeting as chairman that the economy has improved enough to reduce the the stimulus by $10 billion to $65 billion. The cuts will come equally from...
By Martin Crutsinger | 01/29/14 08:48 AM
The Federal Reserve is expected Wednesday to further reduce its stimulus for the U.S. economy even though that prospect has unsettled global financial markets.
By Joseph Lawler | 01/27/14 07:59 AM
Members of the Federal Reserve's Board of Governors and regional Fed bank presidents will gather in Washington on Tuesday and Wednesday for the last monetary policy meeting headed by Chairman Ben Bernanke before Janet Yellen takes over in February.
By Paul Bedard | 03/09/14
By Charlie Spiering | 03/09/14
By Joel Gehrke | 03/08/14
By Joel Gehrke | 03/08/14
By Philip Klein | 03/06/14