The Fed and Treasury
  • More Fed Stimulus Unlikely

    By PEDRO DA COSTA and Mark Felsenthal, Reuters

    Federal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves.

  • The Fed’s IOUs Can Cripple the Economy in 2013

    Does Fed Chair Ben Bernanke know what he’s doing? We better hope so. Every tweet and cluck from the Open Market Committee has the power to move markets, as we saw again yesterday. Traders dumped...

  • Romney Win Would Change Little at Fed

    By ANN SAPHIR and Patricia Zengerle, Reuters

    For all the derision Republican presidential hopefuls have heaped on the Federal Reserve, a November win by lead contender Mitt Romney would likely change little at the central bank, at least in the...

  • Fed to Buy $44 Billion of Treasuries

    By Reuters

    The Federal Reserve will buy about $44 billion of Treasuries in 15 operations from April 2 through April 30 and will sell about $43 billion of Treasuries in six operations from March 1 through March...

  • BofA CEO Made $8.1M in 2011

    By RICK ROTHACKER, Reuters

    Bank of America Corp Chief Executive Officer Brian Moynihan made $8.1 million in total compensation last year, more than four times the $1.9 million he received in 2010, according to a filing with...