Earlier this month, Fed Chair Janet Yellen told Congress that the economy is improving but hasn't bounced back all the way.
Pablo Martinez Monsivais/AP
July 30, 2014 The Fed announced modest cuts in its bond-buying program and noted that inflation is becoming an issue. But with room to grow in the labor market, the bank is not ready to raise interest rates.
Federal Reserve Chair Janet Yellen speaking Monday in Chicago.
March 31, 2014 What may seem like bad news from the central bank chief — "the recovery still feels like a recession to many Americans" — was good news to investors trying to gauge the Fed's next move. Here's why.
Ben Bernanke is seen leaving his Washington, D.C., office on Jan. 31, his last day as chairman of the Federal Reserve.
Saul Loeb/AFP/Getty Images
February 25, 2014 Also: The man behind the infamous @GSElevator twitter account is outed by The New York Times; Neil Young has a deal for a second memoir; Chimamanda Ngozi Adichie condemns Nigeria's anti-gay laws.
Fed Chair Janet Yellen.
February 11, 2014 The central bank's new chair makes her first appearance before Congress since being confirmed. She'll also say that the economy picked up speed last year and will likely continue to grow at a "moderate pace" this year and next.
Janet Yellen smiles Monday before being sworn in as Federal Reserve Board chair at the Federal Reserve in Washington, D.C.
February 3, 2014 Ben Bernanke, who saw the country through a recovery from the worst financial crisis since the Great Depression, will join Brookings' Hutchins Center on Fiscal and Monetary Policy.
J.P. Morgan: Not a pussycat.
Hulton Archive/Getty Images
December 20, 2013 On today's show, we tell the creation story of the Federal Reserve — one of the most powerful financial institutions on the planet.
Janet Yellen, who is poised to move from the No. 2 to the No. 1 post at the Federal Reserve.
Alex Wong/Getty Images
December 20, 2013 Janet Yellen would be the first woman to head the central bank. On Friday, the Senate voted to head off any potential filibuster of her nomination. A confirmation vote is scheduled for Jan. 6.
Federal Reserve Chairman Ben Bernanke delivers remarks Wednesday in Washington, at his final planned news conference before he steps down.
December 18, 2013 The Federal Reserve will trim its bond-buying program, reducing its purchases by $10 billion per month.
December 6, 2013 The unemployment rate fell to 7 percent and employers added 203,000 jobs to payrolls in November, according to the latest report from the Bureau of Labor Statistics. The largely positive data could build anticipation that the Federal Reserve might move to taper its stimulus program.
Janet Yellen during her confirmation hearing earlier this month. She's expected to win Senate approval to take over as head of the Federal Reserve.
Brendan Smialowski /AFP/Getty Images
November 21, 2013 If confirmed by the full Senate in December, Janet Yellen would become the first woman to lead the central bank. She's currently the Fed's vice chairman. Analysts do not expect major policy shifts after the departure of current Chairman Ben Bernanke.
Janet Yellen, President Obama's nominee to become the next chairman of the Federal Reserve Board, is sworn in Thursday on Capitol Hill for her confirmation hearing.
November 14, 2013 Janet Yellen cleared a key hurdle in her path to become the next chair of the U.S. Federal Reserve, after a Senate Banking Committee hearing went smoothly Thursday. The most difficult questions centered on the Fed's stimulus efforts.
November 14, 2013 Janet Yellen, President Obama's nominee to head the Federal Reserve, has her confirmation hearing Thursday. Before she spoke, there was word that the number of first-time claims filed for jobless benefits fell only slightly last week.
The Fed pointed to a somewhat weaker housing market in recent months.
Scott Olson/Getty Images
October 30, 2013 The Federal Reserve says it needs more evidence of a sustained recovery before halting or tapering off its bond-buying program.
October 9, 2013 Also: Boehner says short-term shutdown deal would be 'unconditional surrender" and U.S. to cut some military aid to Egypt.
September 26, 2013 We ask a former Fed economist: What does the chairman actually do? The short answer: Runs the meetings. Turns out, this is actually a big deal.
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