
Washington: All but four of 19 major US banks got a green light on Tuesday from the Federal Reserve to boost their dividends and take other steps that will make their stocks more attractive to investors. The Fed declared them strong enough to survive a downturn worse than the Great Recession. The Fed's findings signaled its confidence that the financial system, which nearly collapsed 3 years ago, is healthy again....

08:26 AM, Mar 14, 2012

Washington: It isn't often you see the words "love", "romance", and "Federal Reserve" in the same sentence. But on Friday, the US central bank and many economists who spend countless hours monitoring its decisions began their Valentine's Day flirtations a bit early. It started with Justin Wolfers, an economist at the University of Pennsylvania, who tweeted this morning: "You're my long-run target; my nominal anchor" - with the attached hashtag,...

10:10 AM, Feb 11, 2012

New Delhi: Central banks from six developed nations had to resort to coordinated action on November 30 to ensure that the European debt crisis did not fundamentally destablise the global financial system. Europe's rolling debt crisis continues to trouble economies and markets. To prevent a lack of liquidity in the global financial system, The US Federal Reserve, the European Central Bank and the central banks of Canada, Britain, Japan and...

08:37 PM, Nov 30, 2011

Melbourne: Asian stocks pushed higher in early trade on Thursday in line with a firmer tone on Wall Street, extending a recovery from a sharp sell-off in August on hopes the US Federal Reserve will intervene in markets to support the economy. Global markets have gained strength in recent days, rebounding from several weeks of losses that saw Asian stocks post their worst month in August since May last year,...

08:53 AM, Sep 01, 2011

New York: In its latest move to jump start the sluggish recovery, the Federal Reserve announced it will pump billions into the economy. The central bank will buy $ 600 billion in long-term Treasuries over the next eight months, the Fed said on Wednesday. The Fed also announced it will reinvest an additional $ 250 billion to $ 300 billion in Treasuries with the proceeds of its earlier investments. The...

12:47 PM, Nov 04, 2010

Recession would have been a lot worse without US Fed chief: magazine. ...

06:33 PM, Dec 16, 2009

Fed chief says growth would be slow, job market subdued. ...

10:35 PM, May 05, 2009

He says the stimulus is essential to break the adverse feedback cycle. ...

01:28 AM, Feb 25, 2009

The US Federal Reserve cut its forecast for the economy for 2009. ...

06:34 PM, Feb 19, 2009

Citigroup shares surged as much as 72 per cent on the news on Monday ...

02:09 AM, Nov 25, 2008

The Fed says economic slowdown is affecting consumer expenditures. ...

10:33 AM, Oct 30, 2008

There seems no immediate light at the end of the tunnel. ...

03:24 PM, Oct 24, 2008

US is not the only country which has cut interest rates. ...

09:39 PM, Oct 08, 2008

Indian industry and economy stronger than western counterparts. ...

11:10 PM, Sep 18, 2008

The central bank, however, refused to save Lehman Brothers from bankruptcy. ...

01:30 PM, Sep 17, 2008