Steve Matthews
More Fed officials see at least 1% Fed funds rate at...
ATLANTA - Federal Reserve officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year...
Fed’s Lacker says widening U.S. inequality caused by skills gap
ATLANTA – Federal Reserve Bank of Richmond President Jeffrey Lacker said income inequality has increased in recent years because of the rising importance of...
Fed’s tapering to aim at ensuring U.S. housing recovery
WASHINGTON - When Federal Reserve policy makers start to curb $85 billion in monthly bond buying, possibly before the end of the year, the...
Fed’s Rosengren backs bond buying through ’13 to lift growth
ATLANTA - Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and...
Jobs outlook seen weak as U.S. companies see need for cost...
WASHINGTON - Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America Corp. and Hewlett-Packard Co. to Staples Inc....
Rogoff-Reinhart see no quick U.S. recovery
NEW YORK - While recent U.S. economic reports have shown some firming, the current expansion is unlikely to accelerate because of excessive debt, economists...
Births at 11-year low may prolong five-year U.S. housing slump
ATLANTA - Frances Janisch had a daughter five years ago. Now she and her husband may not have a second child because income from...
Fed’s Rosengren urges easy policy until unemployment falls
ATLANTA - Federal Reserve Bank of Boston President Eric Rosengren said he favors setting unemployment and inflation markers that would trigger a pullback from...
Falling wages threatening U.S. as consumers may cut spending
WASHINGTON - Ninety-one percent of people in the U.S. labor force have a job. That may be the extent of the good news for...
Fed has few tools to fix economy weakened by housing market
LOS ANGELES - U.S. mortgage rates are the lowest in at least four decades, with a 30-year fixed loan available at 4.09 percent. That...
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