Federal Reserve chairman Ben Bernanke  said rates were likely to stay low “for a considerable time after the asset purchases end.” Photograph: Andrew Harrer/Bloomberg

The US Federal Reserve could cut the interest it pays to banks on their reserves in a dramatic move to offset an eventual slowing of its $85 billion-a(...)

The rate-setting Federal Open Market Committee made no changes to policy at its October meeting, keeping its asset purchases steady at $85 billion a month, but the statement implied it did not see a lot of damage from the government shutdown earlier this month

The US Federal Reserve yesterday said the world’s largest economy was still expanding at a moderate pace, suggesting a slowing of asset purchases i(...)

Federal Reserve chairman Ben Bernanke said that one part of his tapering scenario included “inflation moving back toward our 2 per cent objective over time”. Photograph: Gary Cameron/Reuters

The cost of living in the US increased less than expected in August, but still pointed to a stabilisation in underlying inflation that could pave the (...)

Federal Reserve Board chairman Ben Bernanke: in testimony to Congress last month, he noted: “The Congressional Budget Office estimates that the deficit reduction policies in current law will slow the pace of real GDP growth by about 1-1 percentage points during 2013, relative to what it would have been otherwise.” Photograph: Alex Wong/Getty Images

It is easy to find people on Wall Street who believe that the aggressive monetary policies of central banks, particularly the US Federal Reserve’s qua(...)