Christopher Condon
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...
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...
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...
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...
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 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...
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...
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...
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...
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...