Jeanna Smialek
Fed sees no 2019 hike, plans Sept. end to asset drawdown
NEW YORK - Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of...
Student debt is a driver of low millennial homeownership rates
NEW YORK - American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.
Just...
Millennial men leave perplexing hole in hot U.S. job market
NEW YORK - Nathan Butcher is 25 and, like many men his age, he isn’t working.
Weary of long days earning minimum wage, he quit his...
Growth benefits of U.S. tax cuts may be overestimated
NEW YORK - United States growth expectations may be too rosy as analysts overestimate how much tax cuts will boost the economy, according to...
Yellen issues broad defense of post-crisis financial rules
NEW YORK - Federal Reserve Chair Janet Yellen said any rollback of post-crisis financial reforms should be “modest” because they’ve made the banking system...
Millennial women are losing ground in U.S. race for equal pay
NEW YORK - Women between 25 and 34 years old are slipping when it comes to pay equality with men, data from the Bureau...
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...
Yellen says March hike ‘likely appropriate’ if progress persists
WASHINGTON - Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and...
Best economic forecasters lay out 2017 growth, employment calls
WASHINGTON - If excellence is not an act but a habit, the economists and analysts below fit the bill: they've clinched the No. 1...
Fed raises rates, boosts outlook for borrowing costs in 2017
(Updated 2:29 p.m.)
WASHINGTON - Federal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs...