Christopher Condon
Fed raises rates, trims forecast for hikes in 2019 to two
WASHINGTON – The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald...
Fed says growth still modest or moderate while optimism ebbs
NEW YORK - Optimism over prospects for growth at U.S. firms has begun to fade even as a majority of Federal Reserve districts continued to...
Fed raises rates and says more coming, brushing off Trump jabs
NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...
Yellen sees inflation as key uncertainty amid moderate growth
NEW YORK - Federal Reserve Chair Janet Yellen said the United States economy should continue to expand over the next few years, allowing the...
Fed forges on with hike, asset plan amid inflation concern
NEW YORK - Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak...
Most fed officials see tightening `soon’; June rate hike possible
NEW YORK - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would...
Fed’s Rosengren favors three more 2017 hikes to foil overheating
NEW YORK - Federal Reserve Bank of Boston President Eric Rosengren urged his policy-making colleagues to raise interest rates three more times this year and...
Fed, economists and investors show rare harmony on rate outlook
WASHINGTON - A year ago, the Federal Reserve was forced to back away from its earlier projection for four interest-rate increases in 2016. This...
Fed nods to improved sentiment while leaving rates unchanged
WASHINGTON - Federal Reserve officials left interest rates unchanged while acknowledging rising confidence among consumers and businesses following Donald Trump’s election victory.
“Measures of consumer...
Fed sets up move in December while leaving rates on hold
WASHINGTON - Federal Reserve policy makers left interest rates unchanged while saying the argument for higher borrowing costs strengthened further amid accelerating inflation, reinforcing...
