Craig Torres
Fed leaves main rate unchanged, saying policy is appropriate
WASHINGTON – The Federal Reserve kept its key interest rate unchanged, as expected, on Wednesday and continued to signal policy would stay on hold...
Fed officials saw rates on hold, with an eye on downside...
WASHINGTON – Federal Reserve officials said their monetary policy was likely to remain appropriate “for a time” even amid what they saw as persistent...
Fed leaves rates unchanged; forecasts show no change in 2020
WASHINGTON – The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking...
Powell sees few risks likely to derail record U.S. expansion
WASHINGTON – Federal Reserve Chairman Jerome Powell called the United States economy a “star” performer and voiced solid confidence that its record expansion will...
Fed makes second straight rate cut, splits on further action
WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...
Powell says economy in favorable place, faces significant risks
WASHINGTON – Federal Reserve Chairman Jerome Powell said the United States economy is in a favorable place but faces “significant risks” as growth abroad...
Fed scraps ‘patient’ rate approach in prelude to potential cut
WASHINGTON – The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a...
Fed minutes signal patience on rate moves for ‘some time’
NEW YORK – Federal Reserve officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time,”...
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 stands pat on interest rates ahead of expected Dec. hike
NEW YORK - The Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs...
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