Christopher Condon
Fed leaves rates unchanged; watching global developments
WASHINGTON - Federal Reserve officials left interest rates unchanged and said they still expect to raise borrowing costs at a “gradual” pace while watching...
Yellen to keep Fed rate options open amid turbulent markets
WASHINGTON - Janet Yellen’s big challenge next week is clear communication about a clouded outlook.
The Federal Reserve was expected to leave interest rates unchanged...
Fed has time to weigh rate-path fallout from China turmoil
WASHINGTON - Time is on the Federal Reserve’s side -- unlike the last time Chinese markets were in turmoil.
The People’s Bank of China lowered...
Fed raises key interest rate
WASHINGTON - The Federal Reserve raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that...
Yellen signals confidence in economy ahead of Fed rate decision
WASHINGTON - Federal Reserve Chair Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher...
Fed’s Rosengren signals readiness to lift rates amid strong data
WASHINGTON - Federal Reserve Bank of Boston President Eric Rosengren said encouraging U.S. economic data coupled with emerging signs of risk taking by some...
Fischer says low inflation won’t persist as job market heals
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer said stubbornly low inflation in the U.S. won’t persist with the economy near full employment.
“A large...
Fed says labor market improves as it moves toward rate rise
WASHINGTON - Federal Reserve policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest...
Yellen maintains outlook for first interest-rate rise in 2015
WASHINGTON - Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year and repeated that the subsequent pace of...
S.F. Fed president sees ‘no reason whatsoever’ to rush with rate...
WASHINGTON - The Federal Reserve shouldn’t raise interest rates too soon because the U.S. economy still needs the support of easy monetary policy, said...
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