WASHINGTON (Reuters) - The Federal Reserve would win sweeping new powers over nonbank financial firms and keep much of its authority over banks, under revised legislation to be unveiled on Monday by the chief architect of financial reform in the Senate. In ...
The US Federal Reserve's policy makers are expected to maintain benchmark interest rates at virtually zero percent at their meeting this week amid intense debate on how soon the central bank should tighten monetary policy. More than a year after the central ...
Federal Reserve meeting moves to forefront as traders look for clues on potential rate change The stock market doesn't want any surprises from this week's Federal Reserve's meeting. It is widely expected that the Fed will keep the fed funds rate, its ...
Fed policymakers to debate how and when to signal that higher interest rates are on the way Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates. ...
NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to this week's economic data and statement from the central bank for evidence the recovery is still on track. After tumbling during the ...
Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting. "We are in the process of testing our highs from mid-January on the S&P 500," ...
US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank. San Francisco regional central bank chief Janet Yellen, a policy dove, is a ...
Retail sales show surprising gain in February WASHINGTON (AP) — Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the ...
Summary Box: Yellen at Fed would likely favor low-rate policy RESHAPING THE FED: President Barack Obama needs to fill three vacancies at the Federal Reserve. Janet Yellen, president of the Federal Reserve Bank of San Francisco, is his top pick to be ...
Yellen emerges as likely pick for Fed; would favor low-rate policies to ease unemployment President Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment ...
