Federal Reserve Chairman Ben Bernanke gave a first-ever press conference yesterday. The dollar dropped in reaction, but share prices and gold have hit new highs.
In an historic press conference, Federal Reserve Chairman Ben Bernanke discussed why the recovery is taking so long, why he's not concerned about inflation long term, and when interest rates might increase.
The Federal Reserve will host its first ever press conference today starring Fed chief Ben Bernanke. The Fed's nuanced language in today's public statement is intended to calm nervous markets and bankers.
Richard DeKaser, economist with the Parthenon Group, explains the Federal Reserve's quantitative easing policy, and forecasts the future of the project.
Julia Coronado, chief economist with BNP Paribas, explains what's expected out of the Federal Reserve's two-day meeting, and what the future is for the Fed's stimulus efforts.
The Federal Reserve is expected to signal an end to it's post-crisis easy money policies. New York bureau chief Heidi Moore explains how this could impact the economy.
This week new rules from the Federal Reserve go into effect that aims to help consumers get a better deal on a home loan. The rules require brokers that sell mortgages to steer consumers to the lowest-price loan available.
According to documents released yesterday by the Federal Reserve, the central bank supplied emergency loans to not only the U.S. banking system, but to many of foreign banks as well.
Today the Federal Reserve named the banks that borrowed money from its emergency "discount window" at the height of the financial crisis. Matt Winkler, editor-in-chief of Bloomberg News, explains why it's a momentous occasion.
