US Federal Reserve System

Fed likely to signal rate hike on track despite global woes

A sturdy US recovery is expected to trump global economic worries as the Federal Reserve concludes its last policy meeting of 2014 on Wednesday, with officials likely to signal they are still on track to raise interest rates next year.

Dec 17, 2014, 18:06 PM IST

Bank examiner says Fed feared Goldman Sachs: Report

The Federal Reserve was accused Friday of taking a light regulatory hand to large banks, especially Goldman Sachs which Fed inspectors let skirt rules to avoid clashes with the management.

Sep 27, 2014, 03:28 AM IST

US Fed renews zero rate pledge, but hints at steeper rate hike path

The US Federal Reserve on Wednesday renewed a pledge to keep interest rates near zero for a "considerable time" but it issued projections that suggested it may raise borrowing costs a bit quicker than it had been thinking a few months ago.

Sep 18, 2014, 00:01 AM IST

Yellen resolved to avoid raising rates too soon, fearing downturn

Approaching a historic turn in US monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she`d rather fight inflation than another economic downturn.

Aug 13, 2014, 00:08 AM IST

Fed leaves policy unchanged, further reduces bond purchase by $10 bn

The Fed as expected reduced its monthly bond purchases by $10 billion, taking the program to $25 billion a month.

Jul 31, 2014, 09:00 AM IST

Federal Reserve meets amid calls for tighter policy

The US Federal Reserve began a two-day policy meeting Tuesday under rising pressure to step off its ultra-dovish stance to address rising inflation and worries of overheated markets.

Jul 29, 2014, 22:27 PM IST

Fed cuts 2014 growth forecast but maintains confidence in recovery

The Federal Reserve on Wednesday slashed its forecast for US economic growth this year but expressed confidence the recovery was largely on track and would allow it to begin raising interest rates in 2015.

Jun 18, 2014, 23:45 PM IST