Fed Chair Janet Yellen repeated her stance that the economy needs much support given the "considerable slack" in the labor market.
Federal Reserve Chair Janet Yellen said there is still "considerable slack" in the labor market; geopolitical tensions pose risks.
In a New York speech, Fed Chair Yellen said central bankers and many economists see full employment and stable prices by the end of 2016.
Central bank governor played a leading role in elevating the topic of financial stability.
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
A German central bank official criticized certain speculation about the central bank's motives as “wild and ridiculous conspiracy theories.”
Jonathan Corpina, senior managing partner at Meridian, discussed two things to watch during Fed Chair Janet Yellen's press conference.
Fed Chair Yellen said it will take a major shock to the economy for the Fed to change its tapering timetable.
Markets will look to the outcome of the two-day Federal Reserve meeting for clues about the future of monetary policy.
The Feb. jobs report wasn't spectacular, but given current demographic trends, investors and job seekers will take it.
Economists are bracing for another weak employment report Friday, as the U.S. experienced the third most severe winter in 50 years.
In prepared remarks, there were few surprises in the new fed chairwoman's initial address to Congress.
Yellen, historically a monetary policy dove, may not be so dovish as Fed chair.
At this stage, there's no good reason (not even the recent emerging market wobbles) for the Fed to deviate from its stimulus reduction plan.
The Yellen-Fischer duo arrives at a crucial time. Their task now is to manage the QE exit while avoiding major hiccups.
While the U.S. jobs report was a huge disappointment, economists say the picture will look very different when we get revisions next month.
The question remains: Will Janet Yellen reduce stimulus measures at the same pace that Bernanke would likely have done so?
Including Yellen's, 10 nominations are awaiting Senate confirmation, and many of these could be pushed to after the holidays.
The Federal Reserve issued the following statement announcing it would reduce its asset purchasing program in January.
Ahead of the FOMC announcement, Mark Newton of Greywolf Execution weighs in on three main indicators investors should watch for tapering.
Any stimulus reduction talk will be analyzed for its impact on gold prices, in the last major economic event of the year.
Fischer is well-known in international economic policy. At MIT, Fischer once taught current Fed Chairman Bernanke and ECB President Draghi.