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World

Trump says Fed keeping rates low because of pressure from Obama

WASHINGTON (Reuters) - Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration, questioning the motives of an institution whose work hinges on maintaining its independence.

World

Fed keeps stimulus in place as U.S. economy "paused"

WASHINGTON (Reuters) - The Federal Reserve on Wednesday left in place its monthly $85 billion (53.7 billion pounds) bond-buying stimulus plan, arguing the support was needed to lower unemployment even as it indicated a recent stall in U.S. economic growth was likely temporary.

World

White House denounces Perry as Republicans target Fed

WASHINGTON (Reuters) - The White House denounced Republican presidential candidate Rick Perry on Tuesday for his threatening remarks toward the head of the U.S. Federal Reserve that represented some of the most inflammatory rhetoric of the 2012 election campaign.

World

Williams raises questions on Fed's latest move

CHICAGO (Reuters): Just days after the Federal Reserve launched a new round of unconventional monetary policy easing, a top Fed official with a record of supporting such moves on Friday questioned how effective the latest move will be.

World

Pianalto wanted Fed to reduce bond-buying last month

(Reuters) - A top Federal Reserve official on Tuesday added her voice to those at the U.S. central bank who wanted to reduce asset purchases last month, though she stressed that "very supportive" policies remain essential to support the economy.

World

Trump takes Fed to task for rate hikes in Reuters interview

(Reuters) - U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

World

Trump concludes Fed chair interviews, could decide next week: source

WASHINGTON (Reuters) - President Donald Trump has concluded interviews with the five candidates he is considering to chair the Federal Reserve and could announce a decision as early as next week, a source familiar with the process said on Thursday.

World

Fed is nerdy, geeky, and politically neutral - policymaker

SAN FRANCISCO (Reuters) - A day after Republican Donald Trump was elected as the next U.S. president, San Francisco Federal Reserve Bank President John Williams said that the U.S. central bank is nerdy, geeky, but above all apolitical, and will remain so.

World

U.S. lawmaker presses NY Fed on AIG payment details

WASHINGTON (Reuters) - A U.S. lawmaker said on Sunday he is seeking more information from the New York Federal Reserve Bank about its controversial emails on insurer AIG's bailout, saying he was shocked that the disclosures were never brought to then-bank president Timothy Geithner's attention.

World

Opposition mounts to Summers as possible Fed chief

WASHINGTON (Reuters) - President Barack Obama could be months away from announcing his pick to replace Ben Bernanke at the Federal Reserve, yet critics are already making an unusual public effort to stop one contender in the race - former U.S. Treasury Secretary Lawrence Summers.