12:51pm: Lawyer and investment banker Jerome Powell and Harvard economics professor Jeremy Stein to take 14-year terms on the Federal Reserve Board of Governors. More
That's more than America's top 5 banks combined.
The Federal Reserve voted Tuesday to make no changes to its ongoing stimulus programs, but says the job market has improved recently.
Federal Reserve Chairman Ben Bernanke is far from upbeat about the economic recovery, but he's dropping no hints the Fed will start a third round of asset purchases either.
Precious metals plunged Wednesday after the Fed chairman hinted at no QE3. But gold has already bounced back.
Federal Reserve Chairman Ben Bernanke tells Congress the job market remains 'far from normal' and outlook for economy in 2012 isn't exactly rosy.
The Fed just finished selling all of them and their return on investment isn't too shabby. The sales of the $19.5 billion portfolio turned a $2.8 billion profit for taxpayers.
By keeping interest rates low, the Federal Reserve also lowers payments on the national debt.
The Federal Reserve has little ammunition left to resuscitate the struggling housing market, according to a new paper from top economists.
Lingering problems in the housing market are limiting the effectiveness of Federal Reserve policies, Ben Bernanke said Friday.
Despite criticism from Republicans, Federal Reserve Chairman Ben Bernanke veers away from joining the political fray.
| Latest Report | Next Update |
|---|---|
| Inflation (CPI) | May 15 |
| Retail sales | May 15 |
| Home Prices | May 29 |
| Consumer Confidence | May 29 |
| GDP | May 31 |
| Jobs | Jun 1 |
| Manufacturing (ISM) | Jun 1 |
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