The US Federal Reserve Board is, of course, very independent.

The Federal Reserve will not willingly resort to inflation.

A rate cut also may be required to restore confidence.

The US Federal Reserve has embraced aggressive, open ended quantitative easing (QE).

The US Federal Reserve, for example, is aggressively cutting interest rates to forestall a possible recession.

True, the US Federal Reserve has tried to prevent a recession by cutting its interest rates.

Whereas pre 1980 monetary policy tacitly aimed at putting a floor under labor markets to preserve employment and wages, it now tacitly puts a floor under asset prices.

This is not a matter of the Fed bailing out investors.

But, in effect, the Fed has become the monetary authority of the world.

Indeed, the Obama administration and the Federal Reserve are doing all they can to pump up US spending.

The Fed cut interest rates in response to the 2001 recession.

In this way, the Fed contributed to creating the sub prime crisis. However, in the Fed s defense, low interest rates were needed to maintain the expansion.

The Fed and the European Central Bank have done nothing about this.

Now it is clear that the Fed and the Treasury have lost the game.

In this way, the Fed contributed to creating the sub prime crisis.

By contrast, the US Federal Reserve has a dual mandate price stability and full employment.

For the bankers, that s a bonanza, paid from monies that the Fed would normally pay to the US Treasury.

NEW YORK The US Federal Reserve has finally done it, raising interest rates for the first time in almost a decade.

Government spending in the US has risen in short order from 18 to 28 of income, while the US Federal Reserve has effectively tripled its balance sheet.

America's Federal Reserve has pushed the short term safe interest rates it controls down to remarkably low levels 1.25 per year.

The United States Federal Reserve is now preparing to raise interest rates, which it has kept near zero since the crisis.

That, the Fed and the Treasury believed, could not be healthy.

But then the US Federal Reserve hid these weaknesses by engineering a housing bubble that led to a consumption boom.

A few years ago, when the US Federal Reserve embarked on yet another round of quantitative easing, some emerging market leaders complained loudly.

CAMBRIDGE The US Federal Reserve has emphasized that its monetary policy will be determined by what economic indicators show.

People claim that Greenspan s Fed aggressively pushed interest rates below a natural level.

NEW YORK With interest rates near zero, the US Federal Reserve and other central banks are struggling to remain relevant.

The United States Federal Reserve, the European Central Bank, and the Bank of England are particularly exposed. Collectively, they have extended hundreds of billions of dollars in short term loans to both traditional banks and complex, unregulated investment banks.

The United States Federal Reserve, the European Central Bank, and the Bank of England are particularly exposed.

In the US, the Federal Reserve has paid much more attention to managing expectations, resulting in an effective monetary policy. Indeed, financial markets end up doing much of the Fed's work for it.

The US Federal Reserve faces a dilemma, for it needs to continue raising interest rates in the face of a hurricane devastated economy. The Fed s failure to raise rates earlier thus holds a powerful lesson for the European Central Bank after a prolonged period of monetary stability at unusually low interest rates, waiting too long to raise rates to more normal and appropriate levels holds dangerous consequences.

As recently as September and October, the United States Federal Reserve and the European Central Bank both saw the risk of inflation as being roughly equal to the risk to growth.

The West s major central banks the Bank of England, the European Central Bank, and the United States Federal Reserve should take this to heart.

The US Federal Reserve faces a dilemma, for it needs to continue raising interest rates in the face of a hurricane devastated economy.

In the US, the Federal Reserve has paid much more attention to managing expectations, resulting in an effective monetary policy.

If one includes normal growth of the labor force, the employment shortfall today relative to what it would have been had the 1990's boom continued amounts to 4.7 million jobs.

Recently, the United States Federal Reserve has even engaged in an unprecedented round of quantitative easing in an effort to accelerate the recovery.

One reason is that the Federal Reserve has acted differently in the past decade and a half.

The US Federal Reserve, for example, is currently purchasing assets (many of them mortgage backed) worth 85 billion each month.

QE s effect on demand in the US reflected the financial market conditions that prevailed when the Federal Reserve began its large scale asset purchases in 2008.

In both respects, the United States Federal Reserve has fared much better than the European Central Bank in this most recent crisis.

MANILA The possibility that the US Federal Reserve could raise the interest rate for the first time in a decade sent jitters across emerging markets for weeks.

Third, a global reserve system is needed.

Moreover, investors might be worried that the US Federal Reserve will weigh in with a third round of quantitative easing, which would further drive down the dollar.

In the United States, the Federal Reserve has sent bond markets into a tizzy by signaling that quantitative easing (QE) might be coming to an end.