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Federal Reserve System
Aug 22, 2012 — Many Federal Reserve members said there would have to be action fairly soon if the economy didn't pick up, according to the minutes of their most recent meeting. Separately, the CBO warned of a recession if the economy goes off a "fiscal cliff" at the end of year.
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Jun 13, 2012 — Using additional Federal Reserve data, White House officials on the president's National Economic Council argued that while household net worth fell before President Obama took office, it has risen since then and he bears some of the credit.
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Jan 25, 2012 — The central bank also says it likely won't be switching gears and nudging interest rates higher until at least 2014. Fed Chairman Ben Bernanke concedes its longer-term forecasts are "a best guess."
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Jun 22, 2011 — Higher food and energy prices, disruptions caused by the earthquake and tsunami in Japan and a depressed housing sector continue to be drags on growth, the central bank says.
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Apr 27, 2011 — Fed Chairman Ben Bernanke will have more to say about current conditions when he holds a news conference later this afternoon.
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Sep 2, 2010 — Fed Chair Ben Bernanke was optimistic that the too-big-too-fail problem will shrink because of market and regulatory forces. Members of the Financial Crisis Inquiry Commission weren't so sure.
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Mar 18, 2008 — The former director of the Federal Reserve Board sheds light on the role of the Fed.


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