‘Bitcoin is a payment innovation that’s taking place outside the banking industry’
(WASHINGTON) — Federal Reserve officials agreed at their January meeting that further gradual reductions in their stimulus would be appropriate as long as the economy keeps improving.
Officials discussed the need to stress to investors that the Fed’s key short-term interest rate would remain near zero, according to the minutes of …
This morning, Janet Yellen began her first testimony to Congress as Federal Reserve chair. As she sums up the economic health of the nation and the direction that monetary policy will take over the next couple of hours, there are …
Tells lawmakers she foresees continuity with predecessor Bernanke
Takes the helm at a crossroads for the central bank
(WASHINGTON) — The Federal Reserve says it will cut its monthly bond purchases by an additional $10 billion to $65 billion because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus …
Despite a weak jobs report earlier this month
Homebuyers are in a sudden headwind of rising home prices, mortgage rates and lending limits.
Known as tapering