Craig Torres
Yellen to keep Fed rate options open amid turbulent markets
WASHINGTON - Janet Yellen’s big challenge next week is clear communication about a clouded outlook.
The Federal Reserve was expected to leave interest rates unchanged...
Boston Fed joins eight other banks in seeking discount-rate rise
WASHINGTON - The Federal Reserve Bank of Boston joined eight other reserve banks in requesting a quarter percentage-point increase in the discount rate before...
Yellen maintains outlook for first interest-rate rise in 2015
WASHINGTON - Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year and repeated that the subsequent pace of...
Fed officials reassess U.S. outlook amid global weakness
WASHINGTON - Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on American consumer spending...
Yellen: Labor market ‘yet to fully recover’
JACKSON HOLE – Federal Reserve Chair Janet Yellen said Friday she still isn’t satisfied with the U.S. labor market. Deciding when she is won’t...
Bernanke says premature Fed tightening would endanger recovery
WASHINGTON – Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy...
Fed stress tests show 17 of 18 banks weathering severe slump
WASHINGTON - The Federal Reserve said 17 of the 18 largest U.S. banks could withstand a deep recession and maintain capital above a regulatory...
Fed says credit quality of large loans improves for third year
WASHINGTON - The quality of large loans in the U.S. banking system improved for the third year in 2012, with problem credits falling 8.1...
Bernanke says highly accommodative stance meets Fed goals
WASHINGTON - Federal Reserve Chairman Ben S. Bernanke said that keeping monetary stimulus is warranted even as the unemployment rate falls and rising oil...
Tougher market discipline needed for banks, Brown’s Levine says
WASHINGTON - Regulators aiming to improve financial systems through tougher capital rules should also focus on strengthening market discipline, Brown University economist Ross Levine...
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