Economists at the Federal Reserve Bank of New York expect slower, trend-like growth this year due to the drag created by government taxation and spending policies, and project things will speed up next year.
America’s biggest cities are continuing to outgrow their suburbs as the plodding recovery makes it harder for city dwellers to move to greener pastures.
One of Wall Street’s toughest Capitol Hill critics is again trying to keep bankers off the boards of directors for regional Federal Reserve banks, calling the practice a “clear conflict of interest.”
Federal Reserve minutes from its April 30-May 1 policy meeting suggested it is heading toward some difficult debates on when to pull back its bond buying program.
A home computer isn’t going to improve a child’s performance at school, according to a new paper by two economists at the University of California, Santa Cruz.
Brazil's government faces an intractable budget dilemma this year--how to meet surplus targets against a background of stalled growth and persistent inflation.
Federal Reserve Chairman Ben Bernanke made clear Wednesday in testimony to the Joint Economic Committee that the exit from the Fed’s $85 billion-a-month bond buying program will be much different than past Fed exits.
A Fed official at the heart of the monetary-policy decision-making process said he's open to changing the pace of central bank bond buying when economic conditions warrant, although he added an uncertain outlook means it's still unclear whether the purchases should be boosted or cut.
