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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
April 10, 2013
Several Federal Reserve officials said the central bank should begin tapering its quantitative easing program later this year and stop it by year end, minutes of their March meeting showed.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
March 20, 2013
The Federal Reserve will keep up its bond buying at a pace of $85 billion a month even as the world’s largest economy and the job market pick up.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
January 3, 2013
Federal Reserve policy makers said they will probably end their $85 billion monthly bond purchases sometime in 2013 with members divided between a mid- or end-of-year finish.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
November 14, 2012
A number of Federal Reserve officials said the central bank may need to expand its monthly purchases of bonds next year after the expiration of Operation Twist, according to minutes of their last meeting.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
October 1, 2012
Federal Reserve Chairman Ben S. Bernanke renewed a pledge to sustain record stimulus even after the U.S. expansion gains strength, while saying policy makers don’t expect the economy to remain weak through 2015.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
July 11, 2012
A few Federal Reserve policy makers said the central bank will probably need to take further action to boost the labor market and meet its inflation target, according to minutes of their June meeting.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
March 21, 2012
Federal Reserve Chairman Ben S. Bernanke said Europe must further strengthen its banks and that its financial and economic situation “remains difficult” even as stresses have lessened.