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.
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.
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.