Paul Krugman may not be pleased with the Fed's decision Wednesday to end their bond buying, but he is heartened by Janet Yellen's concern for the unemployed.
After six years of financial stimulus to mitigate the fallout from the 2008 collapse, the Federal Reserve is ending its money creation programs. But the country is still in economic recovery and the role of the Federal Reserve is still…
After six years, the Federal Reserve announced the final drawdown of its bonding-buying program known as quantitative easing, or QE, at the end of its two-day policy meeting Wednesday.
As the Federal Reserve's policy committee ends its two-day meeting Wednesday, Nashville money manager Jon Shayne (aka econo-crooner Merle Hazard) releases his latest music video bemoaning the central bank's "Dual Mandate" to, on the one hand, keep prices stable, and,…
Matthew Quirk’s “The Directive,” a sequel to his bestselling novel “The 500,” imagines a heist to steal billions from a trading desk at the Federal Reserve. Jeffrey Brown talks to Quirk about how he researched the high-stakes break-in.
Wall Street money manager Doug Dachille identifies two risk factors for market volatility and argues that unless the Fed has cooked up a new economic therapy to respond to the next bout of deflation, there may be more significant economic…
Washington is forever arguing over benefit increases versus tax cuts to stimulate the economy. In a paper from the National Bureau of Economic Research, former Obama economic adviser Christina Romer and her husband show that tax cuts deliver a more…
The Dow Jones industrial average closed at a record high today after a Federal Reserve announcement affirming the continuation of a near zero short-term interest rate for a "considerable time."…
The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?…
At an economic conference in Jackson Hole, Wyoming, last week, Federal Reserve Chair Janet Yellen said the central bank is awaiting more recovery in the labor market before deciding when to raise interest rates. That was bad news for economist…
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