Fed Chairman Bernanke testifies on Capitol Hill in Washington
Federal Reserve Board Chairman Ben Bernanke testifies before a House Financial Services Committee hearing on the Humphrey-Hawkins Semi-Annual Report of the Federal Reserve on Monetary Policy in Washington on July 21, 2009. (UPI Photo/Kevin Dietsch)
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New York Federal Reserve President William Dudley said Monday that gains in the labor market were not convincing enough to change central bank monetary policy.
The U.S. Federal Reserve's most recent policy decision may have cost the central bank some of its credibility, analysts on Wall Street said.
Easy money is a painkiller, not a cure.
Billionaire investor Warren Buffett, the so-called Oracle of Omaha, said his pick to succeed U.S. Federal Reserve Chairman Ben Bernanke is -- Ben Bernanke.
The U.S. Federal Reserve said Wednesday it will keep its current monetary policy in place, a decision that sent stock markets soaring.
Stock prices jumped Wednesday after the Federal Reserve Board and Fed Chairman Ben Bernanke said they will not alter current policy on promoting employment.
Wall Street markets jumped to record highs Wednesday after the U.S. Federal Reserve said its monetary policies would remain intact.
Lawrence Summers withdrew his name from consideration Sunday to succeed outgoing U.S. Federal Reserve Board Chairman Ben Bernanke.
Former Treasury Secretary Hank Paulson said Sunday the financial crisis in 2008 could have been as bad as the Great Depression.
UPI Almanac for Sunday, Sept. 15, 2013.
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