That Federal Reserve Chairman Ben Bernanke was about as dovish as dovish can be on interest rates that will be held very low for an awfully long time was hardly

Federal Reserve Chair nominee Janet Yellen’s well-handled testimony just ending before the Senate Banking Committee can best be summarized in just three words, “vote for me!” Yellen’s overall tone was as

There is no other way for Federal Reserve officials to react to this morning’s Nonfarm Payroll numbers except to say wow while at the same time scratching their heads a

Federal Reserve Chair-designate Janet Yellen’s  courtesy calls on Capitol Hill have so far gone as well and as smoothly as could be expected in the run up to her confirmation

The two papers being presented today at an International Monetary Fund’s annual research conference by William English and David Wilcox, the heads of the Federal Reserve Board’s monetary affairs and

The single biggest takeaway we read into the Federal Open Market Committee’s statement this afternoon is what they could have said, but didn’t. *** But first, the sum of the

The FOMC statement tomorrow is highly unlikely to offer much, if anything, in the way of substantial policy changes. In that sense, the Minutes to the meeting in three weeks

Some attention is being garnered this morning by Kentucky Republican Senator Rand Paul who is making noises about putting the nomination of Janet Yellen as the next Chair of the

This morning’s disappointing Nonfarm Payroll number — the last clean labor market measure before the noise of the shutdown — will probably have only a marginal impact on the deliberations

That there is little to no chance for a taper at the Federal Open Market Committee’s October 30-31 meeting is hardly a daring observation to make. It would be a real

After the circus atmospherics of the brawl these last few months over who will be the next Chair of the Federal Reserve, President Obama’s formal nomination of Fed Vice Chair

As if the Federal Reserve did not already have enough on their plate in sorting out the confusion over their near term policy path in the wake of the decision

No two ways around it, we were taken aback by the Federal Open Market Committee’s decision not to taper even by the increasingly gentle and by now uncontroversial $10 billion

It would be difficult to overstate how bad and indecisive President Obama looks after the stunning turn of events leading to Lawrence Summers’ withdrawal from consideration to succeed Ben Bernanke