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.
Nov 14, 2012 The number two official at the U.S. Federal Reserve, Vice Chair Janet Yellen, has thrown her weight behind a major change in Fed policy. The issue is how the central bank should schedule its stimulus policies.
Oct 22, 2012 Now the Federal Reserve's money-counting machines can read bills worth $20 or less even if they're upside-down. They used to destroy bills that weren't stacked correctly.
Oct 19, 2012 A group in San Francisco has found a way to report informal lending circles popular among some immigrant groups to credit bureaus -- as a way to boost the credit scores of participants.
Oct 12, 2012 Many of us have heard that in order to keep our credit in good standing, it is actually best to keep some debt on the books. But is there really any truth to this?
Stacey Vanek Smith
Sep 14, 2012 Yesterday Federal Reserve Chief Ben Bernanke laid out the Fed's new economic stimulus plan. It's round 3 of so-called quantitative easing. The Fed will buy $40 billion worth of mortgage-backed securities every month, until it decides the economy has improved.
Sep 14, 2012 The Fed will spend $40 billion a month buying mortgage securities. Yesterday, that news was a big help to markets here in America. Today, it seems to be giving a helping hand to Europe as well.
Sep 14, 2012 Yesterday, Ben Bernanke announced the Federal Reserve is going to do another round of what’s called “quantitative easing.” The Fed will buy $40 billion worth of mortgage-backed securities every month until Bernanke and his colleagues are satisfied the job market -- and the economy -- have improved.