Joshua Zumbrun
Fed cuts QE pace to $75 billion on labor market outlook
WASHINGTON – The Federal Reserve announced plans to cut its monthly bond purchases to $75 billion from $85 billion, taking its first step toward...
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 boosts QE with $45B in monthly Treasury purchases
WASHINGTON - The Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and...
Bernanke says solving fiscal woes may bring ‘very good’ year
WASHINGTON -Federal Reserve Chairman Ben S. Bernanke said that an agreement on ways to reduce long-term federal budget deficits could remove an impediment to...
Fed creates council to study stress tests
WASHINGTON - The Federal Reserve created an advisory council of economists to help evaluate the models used in so-called stress tests judging how banks...
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...
Rosengren urges Fed purchases for housing, small businesses
HARTFORD, Conn. - Federal Reserve Bank of Boston President Eric Rosengren said the central bank could strengthen the U.S. economy by targeting stimulus policies...
Fed’s Rosengren backs more rules for banks based outside U.S.
WASHINGTON - Federal Reserve Bank of Boston President Eric Rosengren said the challenges at some banks based outside the U.S. highlight how regulators need...
Fed’s Rosengren backs efforts to spur refinancing, GDP growth
NEW YORK - Federal Reserve Bank of Boston President Eric Rosengren called for more government efforts to help homeowners refinance their mortgages while saying...
Fed likely to begin ‘Operation Twist’ easing, economists say
WASHINGTON - Federal Reserve officials Wednesday will probably announce a program for monetary easing that will do little to help 14 million unemployed Americans...
