federal reserve

The seal of the Federal Reserve  (Photo by Chip Somodevilla/Getty Images) FILE

Obama Nominates U-M Professor Kathryn Dominguez To Federal Reserve Board

President Barack Obama is nominating economist Kathryn Dominguez to serve on the Federal Reserve’s board of governors.

WWJ Newsradio 950–07/20/2015

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Stocks Surge After Fed Announces New Stimulus

U.S. stocks surged Thursday after the Federal Reserve unveiled a long-awaited package of aggressive steps to spur economic growth.

WWJ Newsradio 950–09/13/2012

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.


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Fed: Consumer Borrowing Sees Strong Growth

Americans increased their borrowing in December for the second straight month

WWJ Newsradio 950–02/07/2012

Fed: Interest Rates Won’t Rise Until At Least 2014

The Federal Reserve, looking to provide a boost to a modestly growing economy, said Wednesday that it’s unlikely to raise interest rates before late 2014.

WWJ Newsradio 950–01/25/2012

Federal Reserve To Deliver Announcement After Policy Meetings

Policy deciders at the Federal Reserve are expected to announce Wednesday afternoon whether the central bank will make moves to stimulate the economy.

WWJ Newsradio 950–11/02/2011

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. (AP Photo)

Fed To Investors: Interest Rates To Stay Low

The Federal Reserve says it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought, with increasing risks.

WWJ Newsradio 950–08/09/2011


BBB Warns Of New E-mail Scam Claiming To Be From The Federal Reserve

A new e-mail claiming to be from the Federal Reserve is hitting corporate in boxes around the country seeking to infect computers with malware. The Better Business Bureau of Detroit and Eastern Michigan is alerting businesses not to fall for this phishing attack.

WWJ Newsradio 950–07/13/2011

Federal Reserve To Address Inflation, Interest Rates

The Federal Reserve sizes up the economy in a two-day policy meeting which concludes Wednesday.

WWJ Newsradio 950–06/22/2011

Fed To Buy $600B In Bonds To Aid Economy

The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds. The Fed said it would buy about $75 billion a month in long-term […]