: Senate Banking Committee votes 14-8 to send Yellen's nomination on for consideration before the full Senate. More
The Fed's third round of stimulus, known as QE3, is on track to be its largest bond-buying program yet, if it follows the path predicted by Wall Street.
President Obama spoke highly of Janet Yellen as he nominated her to head the Federal Reserve.
Federal Reserve officials were torn on whether to continue their stimulus program at their last meeting in September, according to minutes released Wednesday.
With each day the shutdown continues, it becomes increasingly likely the Fed will keep its stimulus program in place longer. Here are 3 reasons some economists say the taper may not happen until 2014.
Before Ben Bernanke can ride off into the sunset, the market may need him to come to the rescue one more time.
The Federal Reserve may be planning to begin raising rates as early as 2015, but bond king Bill Gross expects the central bank's interest rates will stay low for a "long, long time."
Highbridge Capital's Glenn Dubin and Avenue Capital's Mark Lasry are disappointed that Larry Summers won't be the next chairman of the Federal Reserve.
The economic recovery is still not strong enough to persuade New York Fed President William Dudley that it's time to cut back on the central bank's stimulus program.
Dennis Lockhart of the Atlanta Federal Reserve explained his "mojo triad."
President Obama should nominate Janet Yellen to be next Fed chair.
Federal Reserve officials have been broadcasting for months that they intend to start winding down the bond-buying program this year. It's safe to say, it's going to happen -- if not this week, then in the next three months.
|Latest Report||Next Update|
|Home prices||Aug 28|
|Consumer confidence||Aug 28|
|Manufacturing (ISM)||Sept 4|
|Inflation (CPI)||Sept 14|
|Retail sales||Sept 14|
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