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Fed Chair Janet Yellen Tours Daley College In Chicago
Brian Kersey, Getty Images
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Yellen: Fed Stimulus Still Needed for Job Market

Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.

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Federal Reserve Board Chair Janet Yellen arrives at a news conference
Federal Reserve Board Chair Janet Yellen arrives at a news conference (Alex Wong/Getty Images)
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Fed Clarifies Guidance on Short-Term Rates

The Federal Reserve is seeking to clarify when it might start to raise short-term interest rates from record lows.

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Fed Chair Janet Yellen Testifies To Senate Hearing On The Semiannual Monetary Policy Report
Fed Chair Janet Yellen Testifies To Senate Hearing On The Semiannual Monetary Policy Report (Mark Wilson, Getty Images)
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Yellen: Fed Monitoring Recent Weaker Economic Data

Federal Reserve Chair Janet Yellen noted Thursday that recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a temporary blip caused by severe winter weather.

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Fed Minutes Point to Continued Paring of Stimulus

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.

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Ben Bernanke
Alex Wong, Getty Images
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Fed Continues Stimulus Reduction [AUDIO]

The Federal Reserve further backed off of its economic stimulus program Wednesday, reducing bond purchases by another $10 billion.

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Federal Reserve Board Chairman Ben Berna
Federal Reserve Board Chairman Ben Berna (Alex Wong/Getty Images)
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Fed to Reduce Pace of Bond Buying by Another $10B

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.

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new 100-dollar bill
NewMoney.gov
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Federal Reserve Getting New Vice Chairman

President Barack Obama intends to nominate Stanley Fischer to be vice chairman of the Federal Reserve.

Fischer is a former head of the Bank of Israel. He would succeed Janet Yellen, who's succeeding Fed Chairman Ben Bernanke.

Fischer is a

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Federal Reserve Board Chairman Ben Bernanke
Federal Reserve Board Chairman Ben Bernanke ( Alex Wong, Getty Images)
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Fed Will Reduce Bond Purchases by $10 Billion in January

The Federal Reserve has sent its strongest vote of confidence in the U.S. economy since the Great Recession struck six years ago: It's decided the economy is finally strong enough to withstand a slight pullback in the Fed's stimulus.

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Federal Reserve Board Chairman Ben Bernanke
Federal Reserve Board Chairman Ben Bernanke ( Alex Wong, Getty Images)
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Fed will Reduce Bond Purchases by $10B in January

The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.

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Board Of Governors Of Federal Reserve Holds Open Meeting
Board Of Governors Of Federal Reserve Holds Open Meeting (Mark Wilson, Getty Images)
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Federal Reserve Leaves Low Interest-Rate Polices Unchanged

The Federal Reserve says the U.S. economy still needs support from the Fed's low interest-rate policies because it is growing only moderately.

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