When the Federal Reserve last met in mid-September, almost everyone expected it to start reducing the stimulus it’s given the U.S. economy to help it rebound from the Great Recession. It didn’t. The Fed pulled a surprise by deciding not ...

Tagged with: Federal Reserve Janet Yellen Stimulus

Average U.S. rates on fixed mortgages fell this week to their lowest point in two months. The decline follows the Federal Reserve's decision last week to hold off slowing its monthly bond purchases.

Tagged with: Federal Reserve Freddie Mac

WASHINGTON — Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he ...

Tagged with: Fannie Mae Federal Reserve Freddie Mac

So when will the economy get the news? It was reported late September that the “Great Recession” has ended. At least that’s what the National Bureau of Economic Research, a private, nonprofit, nonpartisan research organization had to say. The organization ruled ...

Tagged with: Federal Reserve recession