Fed Governor Jeremy Stein Friday told the Council on Foreign Relations that the asset purchase program will continue.
By hinting at a QE expiration date, Bernanke has essentially hit the reset button on the global financial system. But it’s all for the better.
Asian markets fell again on Tuesday, led by a record fall in the Shanghai stock index, as concerns grew over liquidity in China’s banking sector.
The global sell-off continued Monday, after China's central bank announced efforts to systematically slow down its growth rate.
The president of the St. Louis Federal Reserve Bank urged the U.S. Federal Reserve not to taper just yet.
Can the chairman of the world's most powerful central bank still sway markets with his words? Take a look.
U.S., German and French stocks fell, on average, about 2.5%, as investors fled the markets on fears the Fed will turn off the money spigot.
The price of gold has fallen by nearly one-third since October 2012 - but where is the world's most precious metal headed from here?
U.S. stock index futures point to a lower open on Thursday weighed down by weak Chinese data, and concerns about the Fed's bond-buying program.
This is how influential the chairman of the Federal Reserve is.
However, the Fed said downside risks to the economy and job market have "diminished since the fall."
The Fed chair ducked questions on a possible departure, and added he may start tapering QE this year. He wants "maximum employment."
Which types of U.S. investors will gain when the Federal Reserve eventually tapers -- i.e., decreases -- its quantitative easing program?
Economists expect the Federal Reserve Wed. to continue, for the time being, its QE program of $85 billion in asset purchases per month.
ECB's Mario Draghi said Tuesday that the bank may resort to unusual policy measures such as negative deposit rates to save the euro zone.
The global party may be ending. Investors dump stocks on concern the U.S. will stop shoveling cheap money into the markets.