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Rich Miller

THE FEDERAL RESERVE announced it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark interest rate. The purchasing of bills sis expected to continue until at least the second quarter of 2020. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed to start buying $60B of treasury bills a month from...

WASHINGTON – The Federal Reserve said it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark...
JEROME POWELL, chairman of the U.S. Federal Reserve, said Friday that while the U.S. economy is strong, it faces uncertainty from global markets and trade uncertainties. / Bloomberg News File Photo/Andrew Harrer

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 GOVERNOR Lael Brainard told a conference audience in Washington on Friday that the long-term vigor of the United States economy may be at risk as middle class households are squeezed by slow growth in income and wealth and rising costs for housing, health care and education. / BLOOMBERG NEWS FILE PHOTO/JOSHUA ROBERTS

Fed officials warn inequality is threat to what made U.S. great

NEW YORK –Federal Reserve officials offered a damning take on rising inequality in America and the corrosive effects it can have on the economy. Fed...
THE FEDERAL RESERVE warned that investors are at an increased risk due to high corporate debt and historically high borrowing levels in its first ever report on financial stability. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Risky corporate debt flagged in Fed’s financial stability report

NEW YORK - The United States economy is showing some vulnerabilities as investors take increasing risks with corporate debt and businesses rely on “historically...
THE FEDERAL RESERVE raised federal interest rates a quarter-point, boosting the benchmark federal funds rate to a target range of 2 percent to 2.25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed raises rates and says more coming, brushing off Trump jabs

NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...

U.S. unemployment headed below 3% unless Fed acts to slow growth

WASHINGTON – U.S. unemployment is primed to fall significantly further and could drop below 3 percent for the first time since 1953, the year...
THE FEDERAL RESERVE'S bond unwind may affect both corporate debt and stock market performance. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Fed’s big bond unwind may clobber U.S. stocks, corporate debt

NEW YORK - Stocks and corporate bonds may be the surprise big losers once the Federal Reserve starts reducing its $4.5 trillion balance sheet. A...
U.S. INFLATION HAS SLOWED and is now expected to miss the Federal Reserve's year's end inflation target. The soft growth may prevent a second interest rate hike later this year. / BLOOMBERG / JOSHUA ROBERTS

As Fed readies rate rise, inflation slips further from goal

NEW YORK - The worst of the price war in the U.S. mobile-phone market may be over. But the lurch down in inflation it...
POTENTIAL CANDIDATES to head the Federal Reserve in 2018 suggested that monetary policy would be tighter if they were in charge. / BLOOMBERG NEWS PHOTO

Potential Fed chairs suggest they’d pursue tighter policy

CHICAGO - Potential candidates to head the Federal Reserve in 2018 suggested that monetary policy would be tighter if they were in charge. Speaking at...

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...

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