A turbocharged program of asset buying now being ramped up at the U.S. Federal Reserve could be Fed Chairman Ben Bernanke's way of making sure his legacy will not be a re-run of Japan's "lost decade."...
The U.S. Federal Reserve is expected to send a letter to a key lawmaker on Friday explaining that it must obtain sufficient collateral...
The Federal Reserve will likely be a willing buyer for the mountain of U.S debt that will need to be issued to fund efforts that President-elect Barack Obama and Congress plan to pursue to stimulate the shrinking U.S. economy.
Federal Reserve Chairman Ben Bernanke on Monday urged decisive action to protect the U.S. economy and said the central bank had alternative tools it could employ to help as interest rates approach zero.
WASHINGTON, Nov 20 - The U.S. Federal Reserve, facing a contracting economy and deflation despite extraordinary government interventions, said on Thursday it would expand its December policy meeting to two days to allow additional time...
WASHINGTON, Nov 19 - U.S. Federal Reserve officials slashed their growth forecasts through 2009 and some believed even deeper interest rate cuts may be necessary if growth slows further, minutes of their October meeting released...
WASHINGTON, Nov 12 - The U.S. Federal Reserve is prepared to take additional steps to stabilize malfunctioning financial markets and support a faltering U.S. economy, Fed Vice Chairman Donald Kohn said on Wednesday. "Although we...
WASHINGTON, Nov 3 - The world does need to modernize the architecture of international finance to reflect the post-Bretton Woods order, but don't expect miracles from an upcoming G20 meeting, a top Federal Reserve official...
The Federal Reserve agreed to provide $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, expanding its effort to unfreeze money markets to emerging nations for the first time.
The U.S. Federal Reserve is expected to cut lending rates at a two-day policy meeting this week in response to unprecedented turmoil in financial markets and the threat of a global recession.