Result Page 39 for Federal reserve news & latest pictures from ibtimes.com

Traders work on the floor of the New York Stock Exchange

Stock Index Futures Signal Higher Wall Street Open

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 rising 0.5 to 0.6 percent.

Gold Falls as Dollar Rallies, Euro Declines

Gold dropped on Tuesday as the dollar rallied versus the euro onrenewed fears of credit downgrades in major European economies and uncertainty over Greece's bailout.

Occupy Wall Street Demands: The 99 Percent Declaration Calls for July 4 General Assembly in Philadelphia

One frequent criticism of the Occupy movement was its lack of coherence in formulating demands. Today, the 99 Percent Declaration puts an end to those assertions.

Man walks past Bank of Japan headquarters in Tokyo

Bank of Japan Boosting its Asset-Buying Program

The Bank of Japan said Tuesday it increased its asset buying program by $130 billion and set an inflation target of one percent to stimulate economic growth and combat deflation.

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Federal Reserve Chairman Ben Bernanke waits to be introduced at a conference in Washington

Bernanke Urges Creditors to Rent Properties, Not Try to Sell Them

The head of the U.S. central bank, in his second public statement on housing policy in as many weeks, told an audience of residential builders Friday that creditors who own vacant homes should consider renting the properties as a way to stanch urban blight.

U.S. GDP Forecast Lowered to 2.2% in 1Q: Survey

U.S. GDP is projected to grow at an annual rate of 2.2 percent this quarter, lower than a previous estimate, according to a survey by the Philadelphia Federal Reserve, released on Friday.

U.S. Unemployment Rate Projected to Fall Faster in 2012: Philly Fed

The Philadelphia Federal Reserve released a survey Friday that suggests the employment rate will drop further as 2012 progresses. Currently the unemployment rate in the country hovers near 8.5 percent.

Consumer confidence dropped in early March

Consumer Sentiment Weaker in February as U.S. Spenders Look for a Brighter Future

Consumers are feeling relatively upbeat about where the economy will be six months from now, but right now, after maxing out their credit card and perhaps purchasing a big-ticket item over the holidays, they're planning on sticking to a budget. Those are the main findings from a preliminary survey of February consumer confidence conducted by the University of Michigan and Thomson Reuters, which was released Friday morning.

U.S. Day Ahead: Michigan Consumer Sentiment Index, Trade Balance in Focus

Futures on major U.S. indices point to a lower opening Friday after eurozone finance ministers asked Athens for more cuts to release the second bailout package.

U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for U.S. Monetary and Fiscal Policy on Capitol Hill

Inflation, Deflation Debate: Which is Greater Threat to U.S. Economy?

There is a debate that has been heating up recently, and it's likely to continue to split some of the smartest minds from coast to coast. This debate revolves around whether prices for goods in the United States are on the rise or not.

Nikkei Slips Below 9,000 on Europe Fears

Japan's Nikkei average eased from a three-month high to trade below 9,000 Thursday amid uncertainty over the outcome of the Greek bailout talks.

Chairman of the Federal Reserve Ben Bernanke holds a news conference in Washington

Jobs Rebound Dampens QE3 Prospects: Fed Officials

The pick-up in jobs has caught the eye of two top Federal Reserve officials who said on Wednesday that continued improvement in the beleaguered labor market dampens prospects for more economic stimulus measures from the central bank.

A Goldman Sachs sign is seen on at the company's post on the floor of the New York Stock Exchange

Goldman Sachs Buys $6.2B in Mortgage Bonds from Fed

Goldman Sachs Group Inc. (NYSE:GS) has purchased mortgage bonds valued at $6.2 billion from the Federal Reserve Bank of New York, previously owned by the insurance giant American International Group Inc. (NYSE:AIG), until its government bailout in 2008.

Richmond Fed Chief Opposes More Easing

A top Federal Reserve official said Wednesday he does not see a rationale for more asset purchases if U.S. economic data continue to show the recovery is picking up steam.

Need for more Fed bond buys a close call: Williams

The U.S. central bank may yet need to buy more bonds to bolster the weak recovery, but better-than-expected jobs data makes it a close call, a top Federal Reserve official said on Wednesday.

Goldman Looks on the Bright Side of Volcker Rule

Wall Street has been lashing out against the Volcker rule since it was proposed, but a senior Goldman Sachs executive said on Wednesday the trading restriction might actually help the investment bank's profitability.

Fed may need to buy more mortgage bonds: Williams

The U.S. central bank may need to buy more bonds to bolster a housing market whose distress is at the heart of a frustratingly slow economic recovery, a top Federal Reserve official said on Wednesday.

Fed May Resume Bond Buying, SF Fed President Says

The president of the Federal Reserve Bank of San Francisco said Wednesday the Fed may resume expanding its balance sheet to boost the U.S. economy if the recovery loses momentum or inflation stays below two percent.

Bernanke repeats vow to shield U.S. from Europe fallout

Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

Credit Card Charges in December Spike Consumer Credit

U.S. borrowers tacked on $19.6 billion in revolving -- mostly credit card-related -- debt in December, according to preliminary data from the Federal Reserve. Non-revolving credit was also up. Borrowing grew across all categories -- be it charges on commercial credit cards, student promissory notes, auto loans of fixed-term mortgages.

Bush Defends Auto Bailouts Amid Growing Political Debate: 'I'd Do It Again'

Former United States President George W. Bush defended the emergency bailout funds his administration provided to General Motors Co. and Chrysler Group LLC in a speech to car dealers Monday, saying he would do it again.

Bernanke testifies before the Senate Banking Committee

Bernanke Urges Congress to Address Bush Tax Cuts

Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the U.S. economic recovery.

SEC Weighs 2 Money Market Fund Proposals

The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations.

Bernanke's testimony on economy to Senate panel

Below are highlights from Federal Reserve Chairman Ben Bernanke's testimony on Tuesday on the state of the U.S. economy to the Senate Budget Committee. Bernanke's prepared testimony was virtually identical to testimony on Thursday to the House Budget Committee.

Truck at Newmont Mining's Twin Creek's, Nev., operation

Gold Prices Rise on Expectations of a Fix to Greece's Woes

Gold prices rose 1 percent on Tuesday as expectations that a Greek rescue deal will be completed drove the dollar down sharplyagainst the euro.

Fed's Bernanke, Before Senate, Is Diplomatic on Fiscal Policy, Aggressive in Monetary Defense

Federal Reserve Chairman Ben Bernanke held his policy prescription cards close to his vest Tuesday morning, skirting around several questions from Senate Banking Committee members that seemed designed to pigeonhole the central bank chief into supporting ideologically-charged positions. At the same time, the top U.S. central banker was effusive in his defense of the Federal Reserve's expansionary monetary policy.