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Jeanna Smialek

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Here’s what Fed officials told us about ‘gradual’ this week

WASHINGTON - For months, Federal Reserve officials have pledged that this rate hiking cycle will be gradual and data-dependent. After they finally lifted rates...
FEDERAL RESERVE Chair Janet Yellen said she is increasingly confident that the economy is growing sufficiently to achieve labor-market improvement and higher inflation. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

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...
FEDERAL RESERVE Chair Janet Yellen and her colleagues have been watching for more labor-market improvement and signs that inflation is rising toward their goal, despite headwinds from overseas, as they debate the first rate increase since 2006. / BLOOMBERG NEWS PHOTO/ANDREW HARRER

Fed sees ‘moderate’ growth, says considering December hike

WASHINGTON - Federal Reserve policy makers said the economy is still expanding at a “moderate” pace and they will consider tightening policy at their...

Markets vs. economists: Who’s right on Fed interest-rate timing?

WASHINGTON - Will the Federal Reserve raise interest rates by the end of the year? You get a very different answer depending on the...

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...

Higher numbers of unhappy U.S. part-timers might be here to stay

The share of workers who wish they were working more but can’t land full-time jobs might remain elevated even as the economy improves, new...

Workers in part-time limbo mean U.S. job-market slack persists

WASHINGTON - The labor-market recovery that Federal Reserve Chair Janet Yellen seeks is proving incomplete as many U.S. workers languish in part-time jobs. Forty-nine percent...

Sales of previously owned U.S. homes drop as investors retreat

WASHINGTON - Purchases of previously owned U.S. homes unexpectedly declined in August for the first time in five months as investors retreated from the...
AUGUST SHOWED THE STRONGEST growth in manufacturing since March 2011, as durable goods orders promised to continue driving the U.S. economy forward, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MIKE KANE

Manufacturing in U.S. expands at fastest pace in three years

WASHINGTON - Manufacturing expanded in August at the fastest pace in three years as orders grew by the most in a decade, showing U.S....

Factory production in U.S. jumps 1% on equipment demand

WASHINGTON – Factory production increased in July at the fastest pace in five months as capital spending climbed and motor vehicle demand surged, indicating...

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