WASHINGTON— Federal Reserve Chair Janet Yellen met Friday with a group of conservative activists who are unhappy with the way the central bank is conducting its interest-rate policies. Yellen rejected the GOP criticism as unfounded. Representatives of the Heritage Foundation and Cato Institute also participated in the meeting.
WASHINGTON— Federal Reserve Chair Janet Yellen came under fire Wednesday from House Republicans, who challenged the central bank's lack of accountability during her second day of testimony to Congress. After she gave her semiannual economic report, GOP lawmakers on the House Financial Services Committee grilled Yellen with a basket of complaints.
WASHINGTON— Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but for now the Fed is sticking with patience in raising interest rates because the labor market is still healing and inflation is too low. In her semiannual economic report to Congress, Yellen sought to explain how the Fed would begin raising rates from...
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.
MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.
Treasury Deputy Secretary Sarah Bloom Raskin attends the Making Home Affordable Help for Homeowners event in Baltimore- 1700 GMT. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.
WELLINGTON- Reserve Bank of New Zealand announces Monetary Policy Statement and Official Cash Rate. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.
WASHINGTON- Federal Reserve Board Governor Daniel Tarullo and other banking officials testify before Senate Banking Committee on Wall Street Reform- 1400 GMT. Counselor to the Treasury Secretary Michael Stegman speaks before the 2014 American Mortgage Conference in Raleigh- 1715 GMT.
Dick Bove, Rafferty Capital VP of equity research, reacts to the Fed's decision to give banks an extra 2 years to conform to the part of the Volcker Rule that would force them to sell "riskier" forms of debt.
A U.S. bank regulator said the Volcker Rule could cost the industry a one-time annual charge of up to $4.3 billion.
Will the bull run continue? The question is whether conditions are ripe for economic growth and corporate earnings to rise.
Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.
Though the Federal Reserve’s stimulus efforts have wide approval among investors and bankers, some argue its policies distort and harm the economy.
CNBC's Kayla Tausche reveals why regulators have gone back to the drawing board on certain parts of the Volcker Rule, and what it means for the banks.
CNBC's Mary Thompson reports regulators are reviewing a ban on banks holding certain debt securities, and explains how this will impact smaller banking institutions.
Former Fed Chair Sheila Bair shares her thoughts on the Volcker Rule and weighs in on the state of the banking sector. CNBC's Rick Santelli provides perspective.
Three Fed chairmen from different eras: Paul Volcker, Ben Bernanke and Alan Greenspan. CNBC's Steve Liesman provides insight.
Looking back on 100 years of the Federal Reserve, with Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow and CNBC's Steve Liesman.
The Federal Reserve is marking 100 years today with speeches from all living Fed Chairmen: Paul Volcker, Alan Greenspan and Ben Bernanke. Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow, discuss.