Federal Reserve Latest News: 2 Fed Officials Seek to Calm Financial Markets

Now watching

Next video starts in : 7 Play

Federal Reserve Latest News: 2 Fed Officials Seek to Calm Financial Markets

Federal Reserve Latest News: 2 Fed Officials Seek to Calm Financial Markets
Replay video
Up next

Watch a Sneak Peek of Community Episode 4

Unlock your personal NFL Now stream by signing in to NFL.com

Federal Reserve Latest News: 2 Fed Officials Seek to Calm Financial Markets

by Wochit 0:54 mins

Federal Reserve Latest News: 2 Fed Officials Seek to Calm Financial Markets

by Wochit 0:54 mins

Federal Reserve officials are seeking to calm investors by assuring them the Fed won't start trimming its bond purchases until the economy has strengthened. They say any pullback in the Fed's stimulus will hinge on the economy's performance, not a calendar date. William Dudley, the influential head of the New York Fed said that The Federal Reserve's asset purchases would be more aggressive than the timeline Chairman Ben Bernanke outlined last week if economic growth and the labor market turn out weaker than expected. U.S. stock futures rose ahead of the release of data on consumer spending and claims for unemployment benefits, and as investors hoped for more market-friendly comments from Federal Reserve officials.

Must Watch

Must Watch

  1. 0:29

    Watch a Sneak Peek of Community Episode 4

  2. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  3. 22:03

    Sin City Saints Episode 1: The Fool Monty

  4. 4:04

    The Secrets of Mad Men's Many Elevator Scenes

  5. 5:06

    The Rock Obama Cold Open

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 0:29

    Watch a Sneak Peek of Community Episode 4

  5. 2:01

    Sin City Saints: Official Trailer

Yahoo Studios

  1. 2:21

    Jamie Foxx Angers with Controversial Bruce Jenner Jokes

  2. 1:34

    Season Five Finale of 'The Walking Dead' Answers Burning Questions

  3. 1:33

    How Karrueche Tran Learned of Chris Brown's Baby

  4. 1:13

    Final Four teams have Indy history

  5. 1:32

    Madness in :68 - Sweet, sour finish for final teams

  6. 2:09

    What it's like at the Final Four