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Craig Torres

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FEDERAL RESERVE CHAIRWOMAN JANET YELLEN said the case to raise interest rates is getting stronger as the U.S. economy approaches the central bank’s goals. / BLOOMBERG NEWS FILE PHOTOS/ANDREW HARRER

Yellen says rate-hike case ‘strengthened in recent months’

WASHINGTON - Federal Reserve Chair Janet Yellen said the case to raise interest rates is getting stronger as the U.S. economy approaches the central...

Fed says risks have diminished as it leaves rate unchanged

WASHINGTON - The Federal Reserve left interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting...
ECONOMIC ACTIVITY in the United State is expanding, but overall the 12 districts of the Federal Reserve believe the pace is modest, with some softening of consumer demand, according to the latest edition of the Fed's Beige Book.  / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Beige book: economy growing modestly with slight price pressures

WASHINGTON - The U.S. economy expanded at a modest pace since mid-May amid “slight” price pressures and some softening in consumer spending, a report...

Fed’s next rate move splits economists looking past March FOMC

WASHINGTON - The great American jobs machine keeps humming and inflation is finally stirring to life. Still, economists are split over how aggressively the...

Brainard urges patience at Fed as Fischer sees inflation signs

WASHINGTON - Federal Reserve Governor Lael Brainard said the U.S. economy isn’t immune to global risks and called for careful adjustments to the policy...

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...

Boston Fed joins eight other banks in seeking discount-rate rise

WASHINGTON - The Federal Reserve Bank of Boston joined eight other reserve banks in requesting a quarter percentage-point increase in the discount rate before...
FEDERAL RESERVE Chair Janet Yellen said she still expects to raise interest rates this year and repeated that the subsequent pace of increases will be gradual. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

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...

Fed officials reassess U.S. outlook amid global weakness

WASHINGTON - Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on American consumer spending...
FEDERAL RESERVE CHAIRWOMAN JANET YELLEN's comments echoed the message from minutes of the July Federal Open Market Committee meeting, which showed officials growing more aware that labor markets are returning to health. / BLOOMBERG NEWS FILE PHOTOS/ANDREW HARRER

Yellen: Labor market ‘yet to fully recover’

JACKSON HOLE – Federal Reserve Chair Janet Yellen said Friday she still isn’t satisfied with the U.S. labor market. Deciding when she is won’t...
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