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Fed: New England economy expanded at modest to moderate rate in...

PROVIDENCE – Economic activity in New England expanded at a modest to moderate pace in August and September, according to the Federal Reserve’s Beige...

Boston Fed’s Rosengren to retire early citing health

WASHINGTON (AP) – Boston Federal Reserve President Eric Rosengren said Monday that he will retire this week and disclosed that he has qualified for...

Fed foresees a potential rate hike as soon as next year

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned...

Job market disconnect raises concerns over economic recovery

The gulf between record job openings and a lack of people taking those jobs is forcing Wall Street to reassess the pace of the...

Report: N.E. business activity expands at ‘modest to strong’ rate over...

PROVIDENCE – Business activity in New England expanded at a "modest to strong rate" this summer, but employers still said they had difficulty hiring...

Can the Fed fix racial income and wealth gaps?

Central bankers and economists from around the world convened remotely for the annual Jackson Hole symposium on Aug. 27 to discuss the future of...

Powell: Fed on track to slow aid for economy later this...

WASHINGTON (AP) – The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome...

Fed’s Powell: There’s no returning to pre-pandemic economy

WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell said Tuesday that the United States economy has been permanently changed by the COVID pandemic and...

U.S. factory production rebounds at fastest pace in 4 months

WASHINGTON (AP) – United States factory production in July posted the strongest gain in 4 months, reflecting a surge in production at auto plants...

Fed sees faster time frame for rate hikes as inflation rises

WASHINGTON (AP) – The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest rate policies...

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