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Federal Reserve

Robert Hall, economics professor at Stanford University (left) and Michael Woodford, of Columbia University. (Handout/various sources/AFP)
October 12, 2026, 6:58 pm
2 American economists win Nobel for work on managing economic shocks
Robert E. Hall and Michael Woodford, affiliated, respectively, with Stanford and Columbia universities, created theoretical foundation to understand how consumers save and spend
By KOSTYA MANENKOV, STEFANIE DAZIO and PAUL WISEMAN
Economist Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006, is seen in his office in Washington, October 18, 2013. (AP Photo/J. Scott Applewhite)
June 22, 2026, 4:10 pm
Alan Greenspan, who led US Federal Reserve for five terms, dies at 100
Known deferentially as ‘Oracle’ and ‘Maestro,’ long-term Fed chair oversaw a period of US economic growth, but 2008 crisis, which began just after he left office, marred his legacy
By PAUL WISEMAN
Federal Reserve Chair Jerome Powell speaks at the Federal Reserve, December 10, 2025, in Washington. (AP/Jacquelyn Martin)
January 12, 2026, 12:29 pm
Trump administration threatens Fed chair with criminal indictment as conflict escalates
Jerome Powell accuses administration of using legal threats to influence Federal Reserve policy, as White House pushes for dramatic cuts in interest rates
By Howard Schneider and Ann Saphir
Then outgoing Bank of Israel governor Stanley Fischer at a press conference at the Bank of Israel in Jerusalem on June 25, 2013. (Flash90)
June 1, 2025, 3:54 am
Stanley Fischer, world-famous economist and former Bank of Israel chief, dies at 81
US-Israeli financier, who was also Federal Reserve deputy head, hailed by Financial Times as ‘the most quietly influential person in global economics over the past several decades’
By ToI Staff and Agencies
Traders work on the floor at the New York Stock Exchange in New York, December 29, 2022. (AP Photo/Seth Wenig)
December 31, 2022, 9:17 am
Pain with little gain for financial investors as global markets slumped in 2022
Recession fears stoked by stock swings, rising inflation, oil price spike after Ukraine invasion, China virus surge, crypto decline; Wall Street sees worst annual drop since 2008
By AP
The Capitol Dome is visible in the window behind former Fed Chair Janet Yellen as she appears for an interview with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau, Wednesday, Aug. 14, 2019, in Washington. (AP Photo/Andrew Harnik)
November 24, 2020, 12:23 am
Biden to tap Janet Yellen as first woman to lead US treasury
Yellen, 74, previously served as Federal Reserve chair where she shifted focus from inflation to bringing down unemployment; she will be 3rd Jewish treasury secretary in a row
By Agencies
Former Fed Chair Janet Yellen speaks with the FOX Business Network in the Fox Washington bureau, Aug. 14, 2019. (AP Photo/Andrew Harnik, File)
November 21, 2020, 6:55 am
Janet Yellen, Jewish former Fed chief, on Biden’s treasury secretary short list
Pioneering economist is respected on both sides of aisle, from Trump to Elizabeth Warren; would be first woman to serve in key post
By Gabe Friedman
A worker wears a mask as he cleans up an area outside an entrance to Boeing Coroporation's airplane assembly facility north of Seattle, April 13, 2020. (AP Photo/Ted S. Warren, File)
April 15, 2020, 6:54 pm
US factory shutdowns near levels of post-WWII demobilization
Declines in manufacturing output and industrial production are far worse than what was expected by economists
By PAUL WISEMAN and AP
In this December 3, 2018, file photo, Treasury Secretary Steve Mnuchin talks with reporters at the White House in Washington. (AP Photo/Evan Vucci, File)
December 26, 2018, 12:58 am
Trump: ‘I do’ have confidence in Treasury Secretary Mnuchin
Amid tumbling stocks and president’s criticism of Federal Reserve, Trump says his treasury chief is a ‘very talented guy’ and ‘very smart person’
By Agencies
This photo combo of file photos shows US President Donald Trump and Federal Reserve Chair Janet Yellen (AP Photo)
December 1, 2018, 1:55 pm
Did Trump replace Fed chief due to her lack of height?
A report in the Washington Post says the president was impressed by Janet Yellen during an interview, but felt she was not tall enough for the job
By ToI Staff and Agencies
US President Donald Trump speaks to reporters following his teleconference with troops from his Mar-a-Lago estate in Palm Beach, Florida, November 22, 2018. (AP Photo/Susan Walsh)
November 28, 2018, 9:52 am
Trump indicates concern for Israel requires US troops remain in Middle East
US president notes he could lower military presence in region as cheaper oil leads to reduced reliance on Saudi Arabia, but will not, partly because of Israel’s security needs
By Michael Bachner
Janet Yellen, Chair of the Federal Reserve, in a panel to discuss central bank communication, in Frankfurt, Germany, November 14, 2017. (Hannelore Foerster/Getty Images via JTA)
February 6, 2018, 8:46 am
Janet Yellen: I would have liked to serve another term as head of Fed
US central bank chief, who will take up a position at fiscal think tank, says she was disappointed to have not been reappointed by Trump
By JTA
Federal Reserve Chair Janet Yellen listens to introductions as she is awarded the Paul H. Douglas Award for Ethics in Government, on Capitol Hill in Washington, November 7, 2017. (AP Photo/Jacquelyn Martin, File)
November 21, 2017, 12:18 am
Yellen to step down from Federal Reserve board
After president picks Jerome Powell to head committee, first female head decides not to remain, leaving only one member not picked by Trump
By Martin Crutsinger
In this October 17, 2016 photo, Stanley Fischer, vice chairman of the Federal Reserve board of governors, speaks to the Economic Club of New York. (AP Photo/Mark Lennihan)
September 6, 2017, 7:36 pm
Fed Vice Chairman Fischer to resign for ‘personal reasons’
Departure of former Bank of Israel head adds to leadership vacuum, giving Trump opportunity to reshape economic policy
By CHRISTOPHER RUGABER and Martin Crutsinger
Former chair of the US Federal Reserve Ben Bernanke (screen capture: YouTube)
October 2, 2015, 8:03 pm
Schoolmates asked if I had horns, recalls Bernanke
In new memoir, the ex-Federal Reserve chair describes growing up as a Jewish outsider in South Carolina
By Martin Crutsinger
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