New York Federal Reserve

Can the Fed Keep Downplaying Inflation?

When a Federal Reserve committee meets Tuesday to consider the federal interest rate, it will likely revise its glum outlook into something brighter. But will it also acknowledge the U.S.'s growing inflation problem?

New York Fed May Try to Force Banks to Repurchase Bad Loans

The Federal Reserve Bank of New York may try to force banks to repurchase past-due home loans that back some of the securities it holds. The move would boost the value of the institution%u2019s Maiden Lane portfolio, which held $67.4 billion in assets in the week ending July 28, Reuters reported.