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Christopher Condon

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THE FEDERAL RESERVE reduced interest rates by one-quarter percentage point for the third time this year but signaled that it may stop reducing rates for now. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed cuts rates by one-quarter percentage point while hinting at a...

WASHINGTON – Federal Reserve officials reduced interest rates by one-quarter percentage point for the third time this year and hinted they may now put...
THE FEDERAL RESERVE announced it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark interest rate. The purchasing of bills sis expected to continue until at least the second quarter of 2020. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed to start buying $60B of treasury bills a month from...

WASHINGTON – The Federal Reserve said it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark...
NOTES FROM the Federal Open Market Committee meeting show that Reserve officials began debating how far their current interest-rate cutting campaign should extend. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed minutes show debate emerges on when to halt policy easing

WASHINGTON – Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend even as they agreed to lower rates in...
THE FEDERAL RESERVE is expected to cut interest rates by a quarter of a percentage point next week and again in December. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed seen cutting rates twice more in 2019 before holding steady

WASHINGTON – United States central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the...
THE FEDERAL RESERVE has cut interest rates by a quarter of a percentage point. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed cuts rates by quarter point and signals potential for more

WASHINGTON – The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year...
U.S. FACTORY OUTPUT output climbed 0.4% from the prior month in June. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory output climbs more than expected as autos advance

NEW YORK – United States factory output rose by more than expected in June on a solid gain in motor-vehicle production, suggesting American manufacturing is...
FEDERAL RESERVE policy makers said a near-term rate cut was warranted from a risk-management perspective because it could help cushion the effects of possible future adverse shocks to the economy at the Federal Open Market Committee. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed minutes show many saw a stronger rate-cut case

WASHINGTON – Federal Reserve officials judged uncertainties and downside risks to the outlook for the United States economy had increased significantly when they gathered...
UNITED STATES manufacturing output rose 0.2% in May after falling 0.5% in the prior month. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory output rose in May amid trade war uncertainty

WASHINGTON – United States factory production expanded in May for the first time since December on gains across sectors that signal the manufacturing sector...
FEDERAL RESERVE CHAIRMAN Jerome Powell said that the United States had a healthy economy that has shown "crosscurrents" that warranted a patient approach to policy decisions. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

Powell sees healthy economy with ‘crosscurrents’ to watch

NEW YORK - Federal Reserve Chairman Jerome Powell said a healthy United States economy has faced some “crosscurrents and conflicting signals” that officials in January...
ECONOMIC ACTIVITY in New England continued to expand at a modest-to-moderate rate in recent months, according to the latest Beige Book report from the U.S. Federal Reserve.

Fed says economy growing in most of U.S. as weak spots...

NEW YORK - The still-strong United States economy showed signs of slowing in recent weeks amid declining optimism, though most regions continued to show...
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