By Joseph Lawler | 03/19/14 05:46 PM
Janet Yellen sounded "hawkish" -- more inclined to raise rates and avoid inflation -- in her first press appearance as chairwoman of the Federal Reserve Wednesday. Or, at least, that was what investors took away from her comments. Stock markets fell after the Fed released its statement of...
By Joseph Lawler | 03/19/14 03:40 PM
The Federal Reserve revamped its stimulus program Wednesday in the first meeting run by new Chairwoman Janet Yellen, continuing the “taper” of its bond-buying program while abandoning a benchmark for its policy of zero-percent interest rates that had become obsolete. As expected, the...
By Joseph Lawler | 03/10/14 05:29 AM
By initiating the tapering of the Federal Reserve's quantitative easing program, former chairman Ben Bernanke left office knowing he had set in motion the process that would ultimately wind down the Federal Reserve's massive balance sheet and return to more normal times. But the taper won’t...
By Washington Examiner | 04/19/14
By Byron York | 04/19/14
By Joel Gehrke | 04/18/14
By Mark Tapscott | 04/18/14
By Rebecca Berg | 04/20/14