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THE FEDERAL RESERVE announced that it plans to keep rates near zero even after inflation has exceeded the Fed’s 2% target level. Above, Fed Chairman Jerome Powell. / AP FILE PHOTO/JACQUELYN MARTIN

Fed: Rates to stay ultra-low even after inflation picks up

WASHINGTON (AP) – The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates...

Coronavirus freaked markets, not the Fed

The U.S. equity market finally took notice of the coronavirus, which now is spreading from China to other countries and increasing the risk of...
THE FEDERAL RESERVE left interest rates unchanged and signaled it would keep them on hold for a while. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed leaves main rate unchanged, saying policy is appropriate

WASHINGTON – The Federal Reserve kept its key interest rate unchanged, as expected, on Wednesday and continued to signal policy would stay on hold...
MINUTES OF the Dec. 10-11 Federal Open Market Committee show officials said their monetary policy was likely to remain appropriate “for a time” despite potential risks. Above, Federal Reserve Chairman Jerome Powell. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed officials saw rates on hold, with an eye on downside...

WASHINGTON – Federal Reserve officials said their monetary policy was likely to remain appropriate “for a time” even amid what they saw as persistent...
THE FEDERAL RESERVE left interest rates unchanged and signaled it would keep them on hold through 2020. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed leaves rates unchanged; forecasts show no change in 2020

WASHINGTON – The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking...
THE FEDERAL RESERVE reduced interest rates by one-quarter percentage point for the third time this year but signaled that it may stop reducing rates for now. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed cuts rates by one-quarter percentage point while hinting at a...

WASHINGTON – Federal Reserve officials reduced interest rates by one-quarter percentage point for the third time this year and hinted they may now put...
NOTES FROM the Federal Open Market Committee meeting show that Reserve officials began debating how far their current interest-rate cutting campaign should extend. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed minutes show debate emerges on when to halt policy easing

WASHINGTON – Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend even as they agreed to lower rates in...
THE FEDERAL OPEN MARKET COMMITTEE, led by Federal Reserve Chairman Jerome Powell, decided to drop the main interest rate one-quarter of a point Wednesday. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

Fed makes second straight rate cut, splits on further action

WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...
THE FEDERAL RESERVE is expected to cut interest rates by a quarter of a percentage point next week and again in December. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed seen cutting rates twice more in 2019 before holding steady

WASHINGTON – United States central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the...
THE FEDERAL RESERVE has cut interest rates by a quarter of a percentage point. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed cuts rates by quarter point and signals potential for more

WASHINGTON – The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year...

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