Federal Reserve System

The Fed

Janet Yellen's Speech on Monetary Policy: Three Big Questions Answered

Janet Yellen gave her first speech on monetary policy today (Wednesday) since assuming her position as chair of the U.S. Federal Reserve on Feb. 3, 2014.

While cautioning that the economy still needs the central bank's support, Yellen stated that the nation's economic recovery will be nearing completion within two years.

Get the full text of Janet Yellen's speech here.

The Fed

Janet Yellen Testimony: Key Takeaways as Fed Stays the Course

What stands out most from the Janet Yellen testimony Thursday to the Senate Banking Committee is that her remarks mirrored comments made on Feb. 11 in her first monetary policy testimony to a House panel.

Speaking on Capitol Hill about the Semiannual Monetary Report, Yellen repeated that the central bank is likely to maintain its approach of progressively trimming asset purchases. The taper will continue even as policy makers monitor data to determine if the recent spate of soft economy data is temporary or something more serious.

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The Fed

The Five Most Ridiculous Revelations from the Fed Hearings

On Friday, the U.S. Federal Reserve released the transcripts from its vital meetings over the state of the U.S. economy from 2007 through 2009.

The transcripts provide a staggering glimpse into the world of a central bank in crisis, or at least the inability for all parties concerned to grasp the problems at hand.

Here are the five most ridiculous takeaways from the Fed Reports.

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Energy Investing

Janet Yellen Sticks to the Script (Here's What It Means for Investors)

Janet Yellen made her debut before Congress Tuesday as the new head of the Fed

And just like they did for her predecessors, the markets hung on every single word.

Except in this case, nobody (and I mean nobody) expected any major fireworks. What they were looking for instead was a confirmation that it would be "business as usual."

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The Fed

Five Important Things Federal Reserve Chair Janet Yellen Said to Congress Today

On Tuesday morning, Federal Reserve Chair Janet Yellen spoke before the House of Representatives in the semiannual Monetary Policy Report. These are her first public comments since assuming the role as head of the U.S. central bank from her predecessor Ben Bernanke on Feb. 3, 2014.

Yellen, who until last week served as Vice Chair of the Fed, testified on the health of the U.S. economy, her commitment to the central bank's ongoing stimulus efforts, and regulatory needs for the financial system. Below are the critical highlights of her testimony, released this morning at 8:30 a.m.

Here are five key takeaways from Yellen's testimony...

The Fed

This Has Been Making Investors Rich for 140 Years

People are viewing the end of stimulus as a sunset. "My, what a wonderful day we've had," they say.

What they should be doing is investing for tomorrow's dawn – the turmoil we're seeing now as part of Yellen's arrival is actually par for the course.

It's also a great time to lock your sights on four companies that will lead the way when the smoke clears…

Top News

FOMC Meeting Today: How the Taper Is Affecting Markets

As many predicted, the Federal Open Market Committee (FOMC) meeting today ended with the announcement of more taper – cutting monthly bond purchases by $10 billion a month to $65 billion.

The U.S. Federal Reserve will reduce its purchases of long-term Treasury bonds from $40 billion a month to $35 billion, and mortgage-backed securities from $35 billion a month to $30 billion. The decision to continue the taper was unanimous among the FOMC’s 10 voting members.

we could be in for some surprises this year...

The Fed

What the Fed Taper Means for Markets and Your Money

I didn't think it would happen, but Fed Chairman Ben Bernanke up and did "it" a few minutes ago.

He announced the "Fed taper" – the Fed will cut its bond buying by $10 billion a month (to $75 billion) beginning in January.

I think there are a few points to consider about Bernanke's move. I want talk briefly about those, and then highlight what this news of a Fed taper means for your money.

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