17869 Stories, most recent news story added 36 minutes ago
WASHINGTON - The Federal Reserve doesn't expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its efforts to keep the rebound...
What's Your Reaction? WASHINGTON — The Federal Reserve doesn't expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its efforts to keep the rebound going could feed a new speculative bubble.
The central bank of the United States , the Federal Reserve, is under intense scrutiny for its unprecedented actions following the 2008 financial crisis.
The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the sit.
Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.
Federal Reserve officials are increasingly confident the U.S. economic recovery is sustainable, even if they do not see employment picking up soon, minutes from their November meeting showed.
A new Federal Reserve rule requires banks and credit unions to get clients' OK before charging steep fees to pay debit card and ATM overdrafts.
The Federal Reserve on Tuesday raised its estimate for economic growth next year and forecast lower unemployment ahead, although the jobless rate will stay uncomfortably high for at least the next three years.
The Federal Reserve says the unfolding recovery will probably be gradual, as modest growth keeps the nation's unemployment rate elevated over the next several years.
A brighter economic forecast from the Federal Reserve helped the stock market pare losses that followed uninspiring reports on consumer sentiment and housing.
A brighter economic forecast from the Federal Reserve helped the stock market pare steep losses that followed uninspiring reports on consumer sentiment and housing.
U.S. stocks fell on Tuesday on lackluster economic data in a session marked by low volume and choppy trading, but losses eased after the Federal Reserve raised its expectations for growth in 2010.
U.S. stocks slipped on Tuesday on lackluster economic data in a session marked by low volume and choppy trading ahead of the Thanksgiving Day holiday, but losses eased after the Federal Reserve increased its expectations for growth in 2010.
The dollar was mixed Tuesday as economic reports signaled a modest rebound, while the Federal Reserve said it could take "five or six years" for a recovery and inflation is under control.
U.S. stocks were mostly flat in low volume on Tuesday as the Federal Reserve lifted its growth estimates for 2010, offsetting data that showed the economy grew at a slower-than-expected pace in the third quarter.
U.S. stocks trimmed declines on Tuesday, with the S&P 500 turning positive as minutes showing Federal Reserve officials are confident the recovery is sustainable offset an earlier report that the economy grew at a slower-than-expected pace.
Open slideshowReuters
Open slideshowReuters
Open slideshowAFP/Getty Images/File
Open slideshowAFP/File
