TheRepublic.com - Federal Reserve News

Fed weighed slowing its pace of bond purchases

Wed, 22 May 2013 14:52:07 -0400

WASHINGTON - Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June - if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.

Bernanke signals Fed to maintain stimulus efforts

Wed, 22 May 2013 14:29:44 -0400

WASHINGTON - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.

Bernanke forecasts gains from computer technology

Sat, 18 May 2013 11:28:06 -0400

WASHINGTON - Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Bank of Montreal ordered to fix oversight lapses

Fri, 17 May 2013 17:52:46 -0400

WASHINGTON - Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.