Economists Lower Growth Estimates Ahead of FOMC Meeting
SIFMA's Diane Swonk cites geopolitical risk and consumers stuck “shouldering the burden of growth” as headwinds.
10 Best Finance Tweets of the Month: April
Stephen Colbert snarks on "Lean In" book, Kevin Roose finds regulators tougher than the SEC, and two charts show what market cycles really look like.
Alan Blinder Offers Stark Economic View; Sees Fed Rate Bind
Princeton economist and former Fed vice chairman Alan Blinder talks at IMCA conference about what’s next for the Fed and his take on regulation.
Fed Says Economy Has Picked Up as It Trims Bond Buying Further
The Federal Reserve said the economy is gaining momentum as consumers spend more, and said it would continue to trim the pace of bond purchases.
Expect Volatility as 4 Big Economic Reports Collide: LPL’s Canally
This week brings four major market-moving reports, a rare confluence that John Canally says can mean 20% more market volatility.
Old Normal Returns as PIMCO Sees ‘New Destination’ for U.S. Growth
PIMCO’s Bill Gross sees a good year ahead. The bond firm's new leaders say stagnation is not the new norm, and a passle of economists agree.
Fed Governor Stein Resigns to Return to Teaching at Harvard
Jeremy Stein is a known as a thought leader on the linkage between monetary policy and financial stability.
Yellen: Economy Will Need Fed’s Support for ‘Some Time’
Federal Reserve Chair Janet Yellen used a speech to a community development conference in Chicago to make the case for continued Fed stimulus.
Fed Changes Interest Rate Policy, Linking to Wider Data Range
The Fed gave itself room to keep interest rates low by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
Fed Links Rate Outlook to Range of Data; Drops 6.5% Jobless Threshold
FOMC said ‘highly accommodative stance of monetary policy remains appropriate’ before its first meeting led by Janet Yellen.