U.S. Federal Reserve
Asian markets lifted by China manufacturing data
Mar 21, 2013 07:23 EDT
Asian markets were mixed Thursday as Chinese data showing manufacturing activity in the world's number two economy picked up in March, while Tokyo was lifted by renewed weakness in the yen.
Cyprus to decide on new plan aimed at securing bailout
Mar 20, 2013 23:19 EDT
Cypriot leaders are to decide on Thursday on a newly drawn up plan aimed at securing a bailout for the near-bankrupt eurozone member, after parliament rejected a controversial tax on savings.
Stocks rise as Fed keeps aggressive easing in place
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
Fed holds course amid government spending cuts
Mar 20, 2013 16:39 EDT
The Federal Reserve kept its easy monetary policies in place Wednesday, saying high unemployment and the government's sharp spending cuts remain barriers to full recovery from the 2008 crash.
Cyprus shuts banks in scramble to secure bailout
Mar 20, 2013 16:11 EDT
Cyprus ordered banks to stay shut for another five days as ministers scrambled Wednesday to draw up a Plan B aimed at securing a bailout after parliament rejected a controversial tax on savings.
Fed trims US GDP outlook, sees lower unemployment
Mar 20, 2013 14:25 EDT
The Federal Reserve kept its monetary easing policies in place Wednesday as it trimmed its 2013 and 2014 economic growth forecasts for the US economy.
European equities stage rebound
Mar 20, 2013 13:27 EDT
Most European stock markets rebounded on Wednesday following two days of losses caused by Cyprus' bailout drama.
Asian markets mixed after Cyprus vote
Mar 20, 2013 07:35 EDT
Asian markets were mixed on Wednesday after Cypriot lawmakers comprehensively rejected a plan to tax savings as part of a crucial bailout deal.
Euro sinks as Cyprus rejects bank deposit tax
Mar 19, 2013 17:48 EDT
The euro sank 0.5 percent Tuesday as Cyprus threw its EU-IMF bailout in question when legislators rejected a controversial bank deposit tax meant to raise funds for the government.
US stocks fall on Cyprus bailout worries
Mar 18, 2013 18:13 EDT
US stocks fell for a second straight day Monday as the Cyprus banking crisis sent jitters through markets.
Euro plummets on Cyprus bailout turmoil
Mar 18, 2013 18:04 EDT
The euro sank against other major currencies Monday after the proposed bailout for Cyprus, including a steep tax on bank depositors, revived concerns about the eurozone.
Fed likely to stay course as Cyprus roils markets
Mar 18, 2013 16:10 EDT
The Federal Reserve looked set to keep its loose monetary policy in place this week as a shock Cyprus plan to seize bank deposits stoked fears of a reigniting eurozone banking crisis.
US senators blast JPMorgan 'whale' debacle
Mar 15, 2013 13:58 EDT
US senators Friday blasted banking giant JPMorgan Chase over its mammoth trading losses on complex derivatives last year and called for tougher regulatory scrutiny of the banking industry.
European stocks fall amid Cyprus talks
Mar 15, 2013 13:35 EDT
Europe's main stock markets fell on Friday in downbeat pre-weekend trading before the outcome of a major eurozone ministers meeting aiming to agree a bailout for the Cyprus government, dealers said.
European stocks fall before Cyprus talks
Mar 15, 2013 11:32 EDT
Europe's main stock markets fell on Friday in downbeat pre-weekend deals before the outcome of a major eurozone ministers meeting that seeks to agree a bailout for the Cyprus government, dealers said.
Japan parliament approves Kuroda as BoJ chief
Mar 14, 2013 22:36 EDT
Japan's parliament on Friday approved a new central bank management team that is widely expected to support the government's demands for more action to stoke the world's third-biggest economy.
Fed finds faults in Goldman, JPMorgan capital plans
Mar 14, 2013 18:06 EDT
The Federal Reserve on Thursday cited weaknesses in the capital programs of top banks Goldman Sachs and JPMorgan Chase, raising questions about their plans for dividends and share buybacks to reward investors.
Fed OKs capital plans for 16 of 18 top US banks
Mar 14, 2013 16:51 EDT
The Federal Reserve on Thursday told Goldman Sachs and JPMorgan Chase to revise their capital plans within months to address weaknesses, as it signed off on the plans of 16 of 18 major banks.
European stocks mixed, mainly weaker at the close
Mar 11, 2013 13:41 EDT
European stock markets closed on Monday with mixed but mainly weaker results as disappointing Chinese economic data offset positive job numbers out of the United States, analysts said.
Asian markets mixed, China data offsets US jobs news
Mar 11, 2013 08:08 EDT
Asian markets were mixed Monday after another record-breaking performance on Wall Street while Shanghai dipped as disappointing economic data fuelled concerns about China's economy.
Facts from the Wikipedia page:
| Federal Reserve System | |||||
| |||||
| Headquarters | Washington, D.C. | ||||
|---|---|---|---|---|---|
| Chairman | Ben Bernanke | ||||
| Central Bank of | United States | ||||
| Currency | U.S. dollar | ||||
| ISO 4217 Code | USD | ||||
| Base borrowing rate | 0–0.25% | ||||
| Base deposit rate | 3.5% | ||||
| Website | federalreserve.gov | ||||
