Federal Reserve

Redesigned $100 Bill To Go Into Circulation After Long Delay

Scott Neuman — Wed, 24 Apr 2013 21:09:00 +0000

The redesigned U.S. $100 bill will begin appearing after October with new security features that will make it "easier for the public to authenticate but more difficult for counterfeiters to replicate," the U.S.

Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?

Mark Memmott — Thu, 11 Apr 2013 14:47:00 +0000

There's been a bit of a brouhaha over the Federal Reserve's inadvertent early release Tuesday evening of minutes from its closed-door March 19-20 policy meeting.

As The Associated Press writes, "employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive [the] market-sensitive information."

The Fed says a staffer mistakenly sent the report to a group, also including some trade associations and lawmakers, that should have gotten the information right a

Ahead Of Federal Reserve Statement, Stocks Are Up

Eyder Peralta — Wed, 20 Mar 2013 17:34:00 +0000
Update at 2:03 p.m. ET.

Gasoline Pushed Consumer Prices Up Sharply In February

Mark Memmott — Fri, 15 Mar 2013 12:53:00 +0000
Consumer prices jumped 0.7 percent in February from January, the Bureau of Labor Statistics reports. The increase was fueled by a 9.1 percent surge in gasoline prices. Gas prices alone accounted for about two-thirds of the overall rise, MarketWatch says.
The 0.7 percent increase was the largest for any one month since June 2009.

Time For The Fed To Take Away The Punch Bowl?

John Ydstie — Wed, 06 Mar 2013 22:58:00 +0000
The stock market's long climb from its recession bottom has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.
Even as the Dow Jones industrial average was reaching its nominal record Tuesday, Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, continued his criticism of the central bank's massive intervention, calling it unhealthy.