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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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Spencer Platt, Getty Images
Spencer Platt, Getty Images
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Wall Street Faces Many Questions [AUDIO]

Stock markets reached new record all-time highs this week on news the Federal Reserve will continue bond-buying to stimulate the economy.

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Ben Bernanke
Alex Wong, Getty Images
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Fed Delays Bond Tapering, Wants To See More Data

The Federal Reserve has decided against reducing its stimulus for the U.S. economy, saying it will continue to buy $85 billion a month in bonds because it thinks the economy still needs the support.

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Wall Street
Mario Tama, Getty Images
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Dow Sinks for Sixth Day

Stocks fell sharply Wednesday after the Federal Reserve disclosed that its top officials were mostly in agreement that the central bank should end its massive bond-buying program.

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FBI Arrest Suspect In Plot To Bomb New York Federal Reserve
FBI Arrest Suspect In Plot To Bomb New York Federal Reserve (Spencer Platt, Getty Images)
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Man Gets 30 Years in Prison For Fed Plot in NYC

A Bangladeshi student who came to the U.S. intending to commit jihad was sentenced Friday to 30 years in prison after pleading guilty to terrorism charges for trying to blow up the Federal Reserve Bank in New York. The plot was a phony operation engineered by undercover agents.

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Economy-300x199
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Fed: Growth Improves Moderately Throughout U.S.

A Federal Reserve survey says the U.S. economy grew in most parts of the country from late May through early July, bolstered by the housing recovery, consumers and more factory output.

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