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Saturday, August 19, 2017
monetary policy

Fed-Audit Idea Gains Steam In Congress, Though Details Scant

By Kevin G. Hall, McClatchy Washington Bureau WASHINGTON — Who audits the biggest bank of them all? Once dismissed as a crackpot cause, the idea of a complete and real-time audit of the Federal Reserve is gaining support in Congress. Senator Rand Paul, a Kentucky Republican with presidential aspirations, introduced legislation earlier this month to […]

February 28, 2014

Fed’s New Chief Yellen: No Change To Policy

Washington (AFP) – New Federal Reserve chair Janet Yellen said Tuesday that she had no plans to change monetary policy from that mapped out by her predecessor Ben Bernanke. In her first comments on the U.S. central bank’s path forward after the took the helm on February 1, Yellen said the Fed would continue to […]

February 11, 2014

Loose Money Will Keep Economy From Sliding Away

(BLOOMBERG) – The Federal Reserve is now the subject of more political controversy than at any point since the beginning of the 1980s. The debate centers on what the Washington Post calls its “ultra-easy” monetary policy: Is it hurting or helping the economy? Has the Fed already loosened so much that it has used up […]

August 16, 2011