Advisors Downplay Fed’s Interest Rate Decision
“Too much emphasis is being placed on the significance of this event,” one advisor said as the FOMC announced it was keeping rates unchanged.
Fed Leaves Rates Unchanged
Federal Reserve opted to delay a rate increase amid stubbornly low inflation, an uncertain outlook for global growth and recent financial-market turmoil.
Dallas Fed’s Fisher Backs Bernanke in Blame Game
"The government has the ability to incent the private sector through tax and spending programs," Fed president Richard Fisher said. "Get on with it."
Fed Launches QE3 With Open-Ended Security Purchases
The Federal Reserve has launched a third round of quantitative easing, pledging to expand its balance sheet by nearly a half a trillion dollars a year beyond existing commitments. An LPL analyst called the move "not very bold."
Fed Says U.S. Economy Has Slowed, but Takes No New Action
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth, but it took no new action.
4 Fed Bankers: No Need for QE3
In further proof the days of presenting a united front at the Fed are gone, four central bankers said Tuesday that further stimulus won’t be needed.
Fed to Keep Rates Low Through 2014
The Federal Reserve went further than ever Wednesday to assure consumers and businesses that they'll be able to borrow cheaply well into the future.