fomc

Will the Fed's New Hawks Force a Change of Course?

While most analysts don't expect a major departure from the December Fed meeting, the voting lineup has changed substantially. Now, Chairman Bernanke has to deal with three new members of the rate-setting committee who have expressed reservations about quantitative easing.

Bernanke Defends QE2 Plan to Boost Economy

A day after the the Federal Reserve announced a second round of quantitative easing measures to stimulate the economy, Fed Chairman Ben Bernanke responded to critics of QE2 in a Washington Post op-ed that explained how the bond purchases will work, and why they won't spark inflation.

The Fed Tries Again to Buy Economic Growth

U.S. Federal Reserve today launched the second phase of its quantitative easing program, the so-called QE2, saying it will buy up to $600 billion more in long-term U.S. Treasury bonds to help stimulate a U.S. economy that's growing too slowly.

Fed Will Create More Money, but Will It Help?

Just about everyone expects the Federal Reserve to announce a new program of buying bonds with the goal of stimulating the economy. But not many observers think it's a good idea -- and the chorus of critics is only getting louder.

The Fed Doesn't Give Equities Much Movement

Stocks closed mixed with little change on Tuesday after the Federal Reserve stood pat on interest rates and warned that falling prices are becoming a bigger concern. Tuesday's meeting did little to give equities direction after an initial mid-afternoon pop.

What Will the Fed Do With So-So Results?

The recent stream of modestly positive economic reports means the Fed probably won't take any further action to stimulate the economy at its meeting on Tuesday. But nobody is calling the economy healthy yet, and the debate over what the Fed should do next has the FOMC deeply divided.

Week Ahead: Housing Data, Fed Meeting, Earnings

Housing data is in the financial spotlight this week, including housing starts and new and existing home sales in August. Also, homebuilder Lennar is expected to report a profitable third quarter.

Fed Minutes Confirm Intense Debate Over Recovery

At its August meeting, the Fed agreed to maintain the current monetary policy, but the decision was hardly universal. Some members said the recovery was on track and expressed concern that the decision to reinvest Treasury proceeds would send the wrong signal.

Don't Blame the Economy on the Uncertainty

The government today is often blamed for causing economic uncertainty, which some point to as the source of all the economy's woes. But there's a deeper issue in play than the fact that we have to guess what's coming next: The problem is the bias in our guesses.

Time for Stimulus 2.0? The Debate Grows Louder

The recent litany of bad tidings has renewed the arguments about whether further government stimulus spending is necessary to reinvigorate the economy. And not surprisingly, economists are split in their answers.

Week in Preview: FOMC Meeting, Retail Earnings

At the upcoming Federal Open Markets Committee meeting, some quantitative easing may be on the table, given slowing economic. Plus, what to expect for the earnings of retailers like Nordstrom and Macy's.

Dueling With the Deflation Demon
at the Fed

The St. Louis Fed chief has written a document titled "Seven Faces of the Peril," in which he lays out two possible paths for the U.S. economy. One is that the country falls into a Japanese-style years-long rut of deflation.

The Fed Is Ready to Act if the Economy Slows

Federal Reserve Chairman Ben Bernanke wrapped up two days of testimony on Capitol Hill Thursday by reasserting the central bank's commitment to take further action if the the U.S. economy either slows substantially or grows too quickly, risking rising inflation.

Fed Faces Big Dilemma Amid Weak Economy

When the Federal Reserve ends a two-day meeting today, most economists will be looking for hints about when interest rates may start to move higher. But the Fed may have a more serious problem: what to do about deflation when rates can't go any lower.

Bernanke Reviews Stimulus Exit Plans

Anyone hoping the Fed chairman would tip his hand on when the central bank might start tightening again was disappointed. But Bernanke did have news for investors, and that came in communicating the methods the Fed will likely use to tighten its monetary policy, including hiking rates paid to banks on reserves they keep at the Fed.

Mildly Optimistic Fed Stands Pat on Interest Rates

The Federal Reserve did what it was widely expected to do and stood pat on monetary policy Wednesday, keeping the target federal funds rate within a historically low 0% to 0.25% range, and repeating its pledge to keep it there for an extended period.