Vivien Lou Chen
Labor-force loss prompts search of churches, libraries
SAN FRANCISCO - In the nation’s capital, city employees are scouring churches, libraries, and community centers to find people who have dropped out of...
Fed’s Bullard says monetary policy effective even at zero rates
ATLANTA - Federal Reserve Bank of St. Louis President James Bullard said monetary policy has influenced inflation and price expectations, even with the benchmark...
Fed says spending down $7,300 per person from ‘bubble’ pace
SAN FRANCISCO - The 18-month U.S. recession that ended in June 2009 has so far cut spending by more than $7,300 per person, or...
Fed says big U.S. banks should be able to pass stress...
SAN FRANCISCO - Most large U.S. banks that weathered the financial crisis by strengthening the level and quality of their capital should be able...
Rosengren says ‘too soon’ to tell if more Fed action needed
SAN FRANCISCO - Federal Reserve Bank of Boston President Eric Rosengren said it’s “too soon” to tell whether the economy needs more stimulus from...
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