Yellen: Market turmoil adds to risk for economy
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San Francisco Federal Reserve Bank President Janet Yellen said on Monday that current financial market turmoil has added "appreciably" to downside risks for the U.S. economy.
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Fresh signs emerged Tuesday that the U.S. economic slowdown may be intensifying, increasing the odds of a recession:
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Investors worldwide are assessing a U.S. recession, the third round of bad news to come from the worldâs largest economy since the onset of global financial turmoil in August.
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Federal Reserve policy-makers will act  decisively to reduce the growing risks that financial market  turmoil pose for the U.S. economic outlook, Fed Governor  Frederic Mishkin said on Friday.
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An unusually high degree of risk taking across asset classes made recent financial market turmoil all but inevitable, former Federal Reserve Chairman Alan Greenspan said on Sunday.
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Federal Reserve Bank officials said on  Monday financial turmoil has increased risks facing the U.S.  economy, but comments by others suggested there was still  debate about how quickly the central bank would need to act.
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Changes in financial and credit  conditions can amplify cyclical swings in the economy and the  effect of monetary policy, Federal Reserve Chairman Ben  Bernanke said on Friday.
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Fighting to keep the U.S. economy afloat, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson will give Congress fresh insights into economic and financial conditions greatly strained by the one-two punch of the housing and credit crises.
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The Federal Reserve must stand ready  to raise interest rates for fear the economy is growing faster  than realized and could be placed at risk if inflation surges,  Fed Chairman Ben Bernanke said on Thursday.
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The crisis in the US housing market risks spreading to the whole of the nation&#39;s economy, European Central Bank chief Jean-Claude Trichet said Monday on behalf of world central bankers.
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The Federal Reserve must stand ready to raise interest rates for fear the economy is growing faster than realized and could be placed at risk if inflation surges, Fed Chairman Ben Bernanke said on Thursday.
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San Francisco Federal Reserve Bank President Janet Yellen said on Monday that financial turmoil had "appreciably" increased risks facing the U.S. economy, but other Fed officials said it was unclear if the economy had taken a turn for the worse.
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The U.S. economy is in troubled waters and the Federal Reserve needs to be ready to step in with a helping hand, a top official at the central bank said on Monday.
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A serious bout of financial market instability has dramatically changed the debate at the Federal Reserve from worries about inflation to concerns about the possibility of a recession
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The U.S. economy is poised to expand  at a moderate rate and "uncomfortably high" core inflation  should ease, but price risks are tilted mostly to the upside,  Federal Reserve Chairman Ben Bernanke said on Tuesday.
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Business & money: BoE warns 'feedback loop' between financial markets and economy could result in downward spiral
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The US Federal Reserve minutes say there is a risk of a situation that will require 'substantial' rate cuts.