Yellen, new Fed chair, takes hot seat at Capitol
WASHINGTON (Reuters) - The health of the U.S. economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when...
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Fed study suggests U.S. labor market rosier than thought
NEW YORK (Reuters) - A key measure of the U.S. labor market appears to exaggerate the damage brought on by the Great Recession, according to a fresh study by the...
Fed draws criticism from abroad as emerging markets still reeling
MUMBAI/NEW YORK (Reuters) - The Federal Reserve's decision to keep trimming its economic stimulus drew fire on Friday as India's central bank chief said Americans should be more attuned to...
Emerging-market drop hasn’t hurt U.S. prospects: Fed’s Williams
(Reuters) - The recent drop in emerging markets and U.S. stocks has not hurt the growing momentum of the U.S. economy or its labor market, a top Federal Reserve official...
Fed no less committed to stimulus after cut to QE: Bernanke
PHILADELPHIA (Reuters) - The U.S. Federal Reserve is no less committed to highly accommodative policy now that it has trimmed its bond-buying stimulus, Ben Bernanke said on Friday in what...
Israel’s Fischer picked to be next Fed vice chair: source
(Reuters) - Stanley Fischer, who led the Bank of Israel for eight years until he stepped down in June, has been asked to be the Federal Reserve's next vice chair...
Bank of England’s Carney sees hopeful signs in UK economy
NEW YORK (Reuters) - Britain's economic recovery is showing signs that it can reach self-sustaining momentum, but monetary policy will need to remain exceptionally loose for some time to come,...
Fed’s Plosser: positive jobs growth another reason to taper QE
PHILADELPHIA (Reuters) - A top U.S. central banker on Friday praised last month's positive jobs growth, saying it was reflective of a stable rate of expansion over the last several...
Fed official strongly backs proposed repo tool, cites policy
NEW YORK (Reuters) - The Federal Reserve's point person in financial markets on Monday gave a strong and detailed endorsement of a proposed tool for smoothing the eventual tightening of...
Fed’s Dudley ‘hopeful’ on recovery; Plosser calls for capping QE
NEW YORK (Reuters) - Top Federal Reserve officials from opposite sides of the policy spectrum pointed to improvement in the U.S. economy on Monday, adding more weight to the notion...