Federal Reserve Latest News: The Fed Gets a New Reason to Keep Stimulating

Wochit 0:54 mins

Ben Bernanke might want to take it all back. The Federal Reserve chairman has rattled investors recently by suggesting the Fed could curtail its easy-money policies later this year as the economy gets stronger. Federal Reserve policymaker Richard Fisher said he was comfortable with the rise in U.S. Treasury yields following the central bank's signal it planned to slow its support, but cautioned that a big spike would be "destructive". New York Fed President William Dudley said that Monetary policies may need to be "more accommodative than otherwise" in the wake of financial crises that impair a central bank's ability to nurture the real economy

View Comments (2)