The U.S. Federal Reserve is unlikely to tighten policy by either raising rates or halting the second edition of the asset purchase program known as QE2, when its policy board meets today, according to analysts.
U.S. stock futures point to a sharply lower opening for Wall Street Tuesday, following slump in European and Asian stock markets amid fears of a nuclear disaster in Japan.
The Federal Reserve could tell major banks as soon as next week whether regulators' stress tests show they're healthy enough to boost stock dividends.
The president of the New York Federal Reserve Bank doesn't normally face a raucous crowd.
A top Federal Reserve official signaled on Friday the central bank won't tighten monetary policy any time soon, even as the jobs recovery looked set to quicken.
The Federal Reserve Bank of New York said on Friday it had received American International Group Inc's
offer to buy back residential mortgage-backed securities taken over at height of the financial crisis.The price of gold may touch $5,000 an ounce in the next 4 to 5 years, California-based Capital Gold Group Inc. says.
Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of monetary policy and making next week's policy meeting all the more contentious.
There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
The Federal Reserve's $600 billion bond purchase program will be completed as planned, top Fed officials signaled on Monday, though they saw heightened economic uncertainty from unrest in the Middle East.
A senior U.S. Federal Reserve official warned on Monday that he would vote to scale back or stop the central bank's $600 billion bond-buying program if it proves to be demonstrably counterproductive.
Uprisings in the Middle East and North Africa have increased U.S. economic uncertainty, and Federal Reserve policy-makers should not rule out further bond purchases if things worsen, a top central bank official said on Monday.
The Federal Reserve cannot rule out expanding its $600 billion stimulus as political upheaval in the Middle East and North Africa heighten U.S. economic uncertainty, a top Fed official said on Monday.
Most economists believe the Federal Reserve's bond-purchase program is helping to support U.S. growth, though many remain skeptical, a survey released on Monday found.
Gold rose above $1,430 an ounce on Friday, while silver surged 3 percent to 31-year highs, as soaring oil prices fueled by widening clashes in Libya prompted investors to pile into safe havens.
Against gold, the US dollar has been falling rapidly in recent years, which betrays some investors' lack of confidence in the currency.
Gold rose toward $1,425 an ounce on Friday as U.S. February payrolls data supported expectations the Federal Reserve will hold off tightening monetary policy and as unrest in North Africa continued.
Mystery solved? For the first time in months, the Labor Department's job market assessment matches up with private surveys showing a pick-up in employment that is finally fast enough to put a substantial dent in the unemployment rate.
The U.S. Federal Reserve is right to carry on with its cheap money policy to fight high unemployment, but policymakers must stay on guard for signs of inflation, two top Fed officials said on Thursday. Atlanta Fed President Dennis Lockhart, speaking in Tallahassee, Fla., said the Fed should stay vigilant for any rise in inflation
The U.S. Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank continued to purchase bonds, Fed data released on Thursday showed.
The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but policymakers must stay on watch for signs of inflation, two top Fed officials said on Thursday.
The U.S. Federal Reserve Bank should complete its $600 billion bond-buying program, but should only extend it if inflation continues to fall, a top Fed official said on Thursday.
