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Fed News

Tiger shark weighing more than 800-pounds fed to homeless in TX

Earlier this month an 809-pound tiger shark was caught in the Gulf of Mexico, and then it was cooked and fed to some of the homeless and poor in Texas.

Kocherlakota won't become Fed's next habitual dissenter

Minneapolis Federal Reserve Bank President Narayana Kocherlakota, whose differences with Fed Chair Janet Yellen over rewriting the central bank's pledge to keep interest rates low led him to cast the so...

New Fed Chair Yellen expected to stick to taper path

Washington - New Federal Reserve chief Janet Yellen is expected to stick to the game plan when she chairs her first monetary policy meeting this week, further cutting back economic stimulus.But, six weeks after inheriting Ben Bernanke's mantle, she is also under th...

Fed's Powell sees risks of removing accommodation too slowly or quickly

Federal Reserve Governor Jerome Powell said the U.S. central bank faces a "careful balancing" act in trying to remove its monetary policy accommodation at the right pace.

U.S. jobs growth last month hit by weather: Fed's Plosser

Severe winter weather likely affected U.S. jobs growth in February, a top Federal Reserve official said on Monday, the latest U.S. central banker to suggest a bit of weakness in the labor market is only temporary.

Fed's Dudley flags easy money now, rate rise around mid-2015

The Federal Reserve is not about to back off its highly accommodative policy, though investor predictions of a rate rise by midway through next year are reasonable, an influential U.S.

Rate rise around mid-2015 a reasonable assumption: Fed's Dudley

It is reasonable for investors to predict that the U.S. Federal Reserve will raise interest rates sometime around mid-2015, New York Fed President William Dudley said on Friday.

Fed's Dudley pushes policy guidance change at March FOMC: report

William Dudley, the head of the Federal Reserve Bank of New York, said a policy meeting later this month is a good time for the U.S.

Fed seen as raising rates a bit earlier after jobs report

U.S. short-term interest-rate futures contracts fell after a U.S. government report showed U.S.

Dudley says threshold high for changing taper plans

The U.S. economic outlook would have to change substantially for the Federal Reserve to alter the pace at which it is winding down asset purchases, a top U.S. central banker said on Thursday.

Bernanke enjoys 'fruits of free market' with first post-Fed speech

Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.

Weather seems to blame for U.S. slowdown, Fed's Yellen says

Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S.

Candid 2008 US Fed records detail crisis, action

Washington - At the beginning of 2008, US Federal Reserve Chairman Ben Bernanke was worried.

Tough winter makes economic assessment hard: Fed's Plosser

Assessing the U.S. economy's underlying economic trends has become more difficult because of record low temperatures and heavy snowfall across much of the nation, Federal Reserve Bank of Philadelphia President Charles Plosser said on Tuesday.

Yellen stays the course, says Fed to keep trimming stimulus

Janet Yellen, fresh from taking the helm of the Federal Reserve, made it clear on Tuesday she would not make any abrupt changes to U.S.

Senate votes in Yellen as first woman chair of Federal Reserve

Washington - The U.S. Senate, Monday, approved the appointment of Janet Yellen as head of the Federal Reserve. Yellen, 67, will become the first woman to preside over the US central bank, the most powerful in the world.

PayPal and other payment processors to be investigated by FED

The U.S. Federal Reserve is investigating possible risks in online payment processors such as PayPal Inc. as well as Bitcoin, the virtual currency.

Op-Ed: Another Misstep On Obama’s New Battle Front

There is little argument that the concluding G-20 meeting has been an international beat-up slugfest on America. Effective and substantial Strategic Planning is critical in the success of any significant endeavor.

U.S. Federal Reserve may continue overseeing major banks

On Sunday, key senators heard from Washington lobbyists concerning a proposal to keep federal oversight on key banks such as Citigroup and Bank of America.

Econonomic downturn: Bernanke sais Fed will not print more money

As the U.S. economy continues its downward spiral, Chairman Ben Bernanke sais that the United States could face a crisis rivaling that of Greece, and that the Fed has no intention of printing out more money to resolve it.

Op-Ed: Policy Development By Panic

American taxpayers should not read anything into today’s stock market supposed reactions to the President's verbal and policy attacks on banks. Markets have little to do with realities of the broader world and its economics.

Op-Ed: Are You Fed Up With Stories of Murdered Kids?

Three year old Shaniya Davis is murdered in North Carolina and her mother is arrested for allegedly selling her for drugs. The person she gave her daughter to was also arrested.

Op-Ed: Should the FED be setting salaries for corporations?

The short answer is I'm not sure. For me, it depends on several things about which I am completely ignorant. Nevertheless, I have an opinion or two.

Gold hits new high

Investors are becoming increasingly wary of the US government's trillion dollar deficits and are turning to the protection of gold.

Australia first G20 nation to raise interest rates

The Reserve Bank of Australia raised its chief interest rate today by a quarter of a percentage point to 3.25 becoming the first G-20 nation to do so.

Op-Ed: America, End Your Fear Of Wall Street

The Kings of Wall Street have long coveted the absolute supremacy they now enjoy over the largest economy in the world.

Op-Ed: Bernanke And The Super Fed Say It’s Over

The loud, national sigh we heard this week was America gratefully, but suspiciously, acknowledging Ben Bernanke’s claims that, well, it’s over. The Fed Chair is satisfied that the recession is in a turn around mode, or at least stabilizing.
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