Friday's U.S. employment report will show continued steady job creation, leaving the Fed on track for before year-end tapering.
All eyes are on the Federal Reserve and Ben Bernanke this week, as the FOMC meets for its two-day policy meeting beginning on Tuesday.
A judge rejected the U.S. government's effort not to depose the Fed chair, saying he was a "central figure" in the AIG bailout decision.
Eight times a year, the Fed releases its Beige Book, a snapshot of business conditions in the Fed’s 12 regional bank districts.
The Fed chairman underscored that the stimulus reduction is "by no means on a preset course."
The mining and manufacturing sectors pushed U.S. industrial production ahead in June and capacity utilization also advanced.
U.S. stocks were little changed on Wednesday, ahead of the release of the latest minutes from the Federal Reserve's June FOMC meeting.
Investors will eye the Fed’s minutes for any clues as to when the central bank will begin to scale back its $85 billion-per-month quantitative easing program.
A “status quo” jobs report reflecting continued labor market healing will probably nudge the Fed toward tapering.
Fed Governor Jeremy Stein Friday told the Council on Foreign Relations that the asset purchase program will continue.
The White House is looking for the next U.S. Federal Reserve chairman, and the field is wide open right now.
William Dudley says the Federal Reserve will prolong its asset purchases if economy lags.
Asian markets fell again on Tuesday, led by a record fall in the Shanghai stock index, as concerns grew over liquidity in China’s banking sector.
New York Fed President William Dudley said that financial instability, itself, was reducing the effectiveness of monetary policy.
The BIS said the global economic crisis had peaked, and governments should take over from central banks the task of rejuvenating their economies.
The president of the St. Louis Federal Reserve Bank urged the U.S. Federal Reserve not to taper just yet.
Asian markets fell sharply on Thursday as the FOMC signaled an end to monthly bond-buying on Wednesday and on weak China factory output data.
This is how influential the chairman of the Federal Reserve is.
However, the Fed said downside risks to the economy and job market have "diminished since the fall."
The Fed chair ducked questions on a possible departure, and added he may start tapering QE this year. He wants "maximum employment."
Economists expect the Federal Reserve Wed. to continue, for the time being, its QE program of $85 billion in asset purchases per month.
Fed member Yellen's views on monetary policy resemble those of the U.S. central bank's current chairman, Ben Bernanke.