Federal Reserve
Former Federal Reserve Chairman Paul Volcker
Connections
Quotes
I am inspired by Mr. Stanke. Fifty years from now, when I may want to reminisce about what inspired me to become Federal Reserve chairman, I am sure his will be the first name that comes to my mind
No employee of a bank holding company or other entity regulated by the Board of Governors of the Federal Reserve System may serve on the board of directors of any Federal reserve bank.
classifies himself as a fiscal and social conservative who believes in state rights, entitlement reform, hard action against an increasingly belligerent Iran and a reduction in the power of the Federal Reserve.More quotes »
Newsday's coverage
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Spain concerns drag markets down
Growing concerns over Spain's financial condition increasingly weighed on markets on Monday, after investors had initially bid up stocks on hopes that the Federal Reserve would provide more stimulus to the U.S. economy.Official data on Monday confirmed S Read more »
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Bernanke cautious on further stimulus
WASHINGTON -- Federal Reserve Chairman Ben Bernanke left open the possibility Wednesday of further Fed action to stimulate the economy.Speaking at a news conference, Bernanke walked a fine rhetorical line: He signaled the Fed would act more aggressively Read more »
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NY Fed chief: Economy not out of woods
SYRACUSE -- The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thu Read more »
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Stocks hit by Fed's wait-and-see stancee
Stocks around the world took a big hit Wednesday, a day after minutes to the last rate-setting meeting of the U.S. Federal Reserve indicated that a further monetary stimulus was unlikely.Though Fed policymakers voiced some concerns over U.S. economic gro Read more »
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Fed minutes show worries about hiring
WASHINGTON -- Federal Reserve policymakers are worried that recent strong gains in hiring could fizzle if U.S. economic growth doesn't pick up.Minutes of the Fed's March 13 meeting show that members expressed those concerns before sticking with a plan to Read more »
Around the web
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Volcker Urges Overhaul on Global Financial System After Crisis
Italy in particular. You wish they could be a little more decisive. When Europe has a problem, so does the world.” Former Federal Reserve Chairman Paul Volcker said, “Time is passing, it’s very important to protect Spain and Italy in particular. You wish they 59 m ago from Bloomberg.com Read more »
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Fed's Bullard says more quantitative easing unlikely for now, warns on Europe
it is up to European governments to follow a plan that reassures financial markets they can repay their debt, St. Louis Federal Reserve President James Bullard told reporters in Tokyo. Investors are on edge amid doubts about whether Spain can afford to bail 3:21 AM from International Business Times Read more »
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Appointment puts board back at full strength
— Jeremy C. Stein was sworn in Wednesday as the seventh member of the Federal Reserve Board of Governors, putting the panel at full strength for the first time since before the recession hit. Stein, a Harvard University economics professor and former Obama 2:18 AM from Cape Cod Online Read more »
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Fed's Bullard: don't see possibility of more QE now
May 31 (Reuters) - The Federal Reserve could resort to more quantitative easing if the U.S. economy deteriorates, but this situation is unlikely as it is on track for a moderate recovery, an official of the U.S. central bank said on Thursday. Europe is a potential 1:54 AM from Reuters Mobile Read more »
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A case of economic sabotage
is crumbling. China is slowing. The Federal Reserve is dithering. Yet the biggest threat to the emerging U.S. economic recovery may be Congress. John Boehner, the leader of the House Republicans, has promised yet another fight with the White House over the 5/30/12 from Albany Times-Union Read more »