Dec 28, 2011 The Obama administration hopes that the Senate will approve its two appointees -- one Democrat, one Republican -- to the Federal Reserve board.
Dec 22, 2011 The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.
Dec 21, 2011 The European Central Bank initiated a plan to stop a credit crunch in Europe, and demand for cheap money has exceeded expectations.
Dec 13, 2011 Federal Reserve officials are expected to announce that they will keep interest rates near zero, a level that has remained steady since the financial crisis
Dec 13, 2011 Former Fed economist Gary Shilling says it is unlikely the Fed will change the zero percent interest rate anytime soon, and when it does, the shift will be more the effect than the cause of a booming economy.
Dec 12, 2011 The Federal Reserve is talking about being more upfront about its projections and its targets for short-term interest rates, and its view of the jobs picture, and inflation.
Dec 12, 2011 The Federal Reserve's interest rate committee holds its last meeting of the year tomorrow. The Fed hopes to soon make its actions more easily understandable to individuals and business owners.
Dec 2, 2011 Is the U.S. borrowing trouble with the Federal Reserve's offer to swap dollars for shaky euros?
Nov 30, 2011 Six central banks, led by the U.S. Federal Reserve, have announced a plan to inject dollars into the life support system keeping European banks alive. The move was meant to restore confidence in the global financial system.