U.S. Fed chairman tells Congress that central bank is flexible on bond buying.
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.
Minneapolis Fed president says the U.S. Fed may need to let inflation top its 2% target to lower unemployment faster.
Stock markets remained relatively solid Monday amid evidence of a steady economic recovery in the U.S.
Officials growing nervous about the dangers of a swelling balance sheet.
Bank of Japan bows to new Abe government's demands for 2% inflation target and unlimited monetary easing.
For most of 2007, Fed felt problems in housing and banking would be moderate and short-lived, newly released transcripts show.
Fed appears evenly divided on whether to end bond-buying program mid-year, end-year or next year.
The U.S. Federal Reserve announced a fresh round of bond buying to boost the U.S. economy, and said it would hold interest rates at least until unemployment fell to 6.5%.