Dec 13, 2012 What did Federal Reserve Chairman Ben Bernanke do yesterday? He put speed limit signs up on the freeway.
Dec 13, 2012 European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
Dec 13, 2012 The Federal Reserve has spelled out what it’s going to do to try to juice up the economy. Yesterday, Fed Chairman Ben Bernanke announced a new strategy that ties the Fed’s actions to unemployment and inflation rates.
Dec 12, 2012 Fed chairman Ben Bernanke said he's going to keep interest rates at or near zero as long as the unemployment rate is higher than 6.5 percent, and the inflation rate is 1.5 percent or less.
Dec 12, 2012 It's the second and final day of the regular policy meeting at the Federal Reserve. Later today we'll hear what, if any, additional monetary stimulus the Fed Board might endorse as the latest round of quantitative easing is set to expire.
Dec 11, 2012 The Federal Reserve committee that sets U.S. monetary policy meets today and tomorrow.
Dec 11, 2012 Fed boards hopes to nurture housing recovery with purchase of mortgage-backed securities.
Dec 5, 2012 If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.
Nov 22, 2012 European Union leaders are gathering in Brussels to hammer out a budget for the EU. And the task will not be easy with the continent still trying desperately to claw its way out of debt.