Federal Reserve

Richard Fisher, President and CEO of the Dallas Federal Reserve Bank. (credit: CBSDFW.COM)

Federal Reserve Bank Prez Blames Congress For Lagging Economy

On Tuesday night in Dallas, the President and CEO of the Dallas Federal Reserve Bank, Richard Fisher, made a speech that’s making national headlines, about who he blames for the still sluggish economy.

CBS 11–02/12/2014

(credit: CBSDFW.COM)

US Consumer Prices Tick Up As Rental Costs Rise

Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.

11/15/2012

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.

09/11/2012

(Credit: AP Graphics Bank)

U.S. Consumers Cut Credit Card Use For 2nd Month

Americans cut back on their credit card use in July for the second straight month, suggesting many remain cautious in the face of high unemployment and slow growth.

09/10/2012

Federal Reserve Chairman Ben Bernanke speaks during a press briefing at the Federal Reserve building on November 2, 2011 in Washington, D.C. (credit: Mark Wilson/Getty Images)

Bernanke Shows Fed’s Independence With Texas Trip

The Federal Reserve chairman is venturing into Texas. And those who watch the Fed say the visit sends a message to Bernanke’s critics.

11/09/2011

The Federal Deposit Insurance Corporation (FDIC) headquarters is seen in Washington, D.C. (credit: Karen Bleier/AFP/Getty Images)

FDIC Backs Ban On Banks Trading For Own Profit

Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed Tuesday. The Federal Deposit Insurance Corp. backed the draft rule on a 3-0 vote.

10/11/2011

A man reaches for the gas pump. (credit: Karen Bleier/AFP/Getty Images)

‘Pain At The Pump’ Means Higher Prices For Many Services

Just in the last week, gas prices in North Texas jumped 12 cents. A gallon of regular unleaded now costs an average of $3.79. But consumers and businesses aren’t feeling the impact at just the pump alone.

04/14/2011

Fed Talks of Further Stimulus Action

Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.

08/31/2010

David Johnson CEO Spotlight

Robert McTeer, former CEO, Federal Reserve Bank of Dallas previews the upcoming Federal Reserve symposium in Jackson Hole and the discussion surrounding a “double-dip” recession. http://www.bobmcteer.com

08/25/2010