At Ben Bernanke’s last meeting as Federal Reserve Chairman, the Fed announced it will start to gradually reduce its huge bond-buying economic stimulus program.
Janet Yellen, Fed vice chair, would be the first woman to head a major central bank. Marron commends Yellen nomination
Investor tensions eased before the Federal Reserve winds up crucial policy meeting.
President is facing pressure from liberal Democrats who oppose the former treasury boss as the next chairman of the Federal Reserve.
U.S. Fed chairman tells Congress that central bank is flexible on bond buying.
U.S.-listed bond mutual funds and exchange-traded funds saw record monthly redemptions of $61.7 billion through June 24, Bloomberg reports.
St. Louis Fed president criticizes colleagues' decision to have U.S. Fed chairman lay out a plan to reduce the central bank's bond buying.
Will hold its bond purchases steady for now at $85 billion a month but lays out possible courses for tapering them.
Ben Bernanke is to deliver remarks before Congress on the state of the U.S. economy.
Urged lawmakers to reach a deal to reduce deficit, avoid the fiscal cliff, and raise the debt ceiling.
