Friday, March 29, 2024

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Christopher Condon

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Fed’s Dudley says ‘Go as far as you can’ to expand...

NEW YORK - Federal Reserve Bank of New York President William Dudley said the U.S. central bank should continue seeking to draw Americans back...

Fed’s Mester says case for November hike will likely be strong

WASHINGTON - Federal Reserve Bank of Cleveland President Loretta Mester said the economy is ripe for an interest-rate increase and repeated that the Fed’s...

Fed’s Rosengren says delaying rate hike could derail recovery

WASHINGTON - Federal Reserve Bank of Boston President Eric Rosengren said the U.S. central bank’s failure to get back to a strategy of gradual...

Fed’s Rosengren says ‘gradual tightening’ will prolong recovery

WASHINGTON - Federal Reserve Bank of Boston President Eric Rosengren moved more firmly into the camp of hawkish policy makers, warning that waiting too...

Fed’s George resumes her rate-hike push after strong jobs report

WASHINGTON - Federal Reserve Bank of Kansas City President Esther George has resumed her advocacy for interest-rate increases, citing the June rebound in U.S....
DANIEL TARULLO, a governor of Federal Reserve since 2009, believes that even before the shock of the Brexit vote, the U.S. economy had not reached its target inflation and employment benchmarks that would have justified raising interest rates. / BLOOMBERG NEWS PHOTO/MICHAEL NAGLE

Fed’s Tarullo says better to wait on rates even without Brexit

WASHINGTON - Federal Reserve Gov. Daniel Tarullo said inflation and unemployment haven’t reached levels that would justify an increase in interest rates, even without...
FEDERAL RESERVE CHAIRWOMAN JANET YELLEN said she and her colleagues are watching for whether, rather than when, the U.S.  economy will show clear signs of improvement.  / BLOOMBERG NEWS FILE PHOTOS/ANDREW HARRER

Yellen offers subtle change to inflation, job-market outlook

WASHINGTON - Federal Reserve Chair Janet Yellen offered a subtle change to her outlook from less than a week ago, saying she and her...

Fed skips June increase as six officials see one 2016 hike

WASHINGTON - Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a...
FEDERAL RESERVE Chair Janet L. Yellen said positive forces supporting U.S. job growth and higher inflation will still probably outweigh negative developments, calling additional gradual interest-rate increases appropriate without specifying their precise timing. She is shown in a file photograph from the Economic Outlook Luncheon last year put on by the Greater Providence Chamber of Commerce. / BLOOMBERG NEWS FILE/SCOTT EISEN

Yellen sees rates rising gradually without giving precise timing

WASHINGTON - Federal Reserve Chair Janet Yellen said positive forces supporting U.S. job growth and higher inflation will still probably outweigh negative developments, calling...

Fed’s Mester says gradual rate hikes still right call in ’16

WASHINGTON - Federal Reserve Bank of Cleveland President Loretta Mester said fundamentals underlying the U.S. economy remain strong and the central bank should stay...
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