Home Tags Federal Reserve

Tag: Federal Reserve

U.S. MANUFACTURING OUTPUT fell 0.9 percent after a downwardly revised 0.8 percent increase in the prior month. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturing production unexpectedly contracts in Jan.

NEW YORK - United States factory production unexpectedly contracted in January, shrinking the most in eight months on weakness in the automotive sector and...

U.S. can take on a lot more debt

For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
IN JANUARY, the so-called core consumer price index rose 0.2 percent from the prior month and 2.2 percent from a year earlier. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. inflation remains contained amid Fed patience on rates

NEW YORK - A key measure of United States inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring...
THE NUMBER OF U.S. auto loans delinquent 90 days or more exceeded 7 million at the end of 2018. / BLOOMBERG NEWS

Late auto loans rise to record 7M in U.S. slowdown signal

NEW YORK - More Americans than ever are at least three months behind on their auto loans, a sign that the United States economy...

Fed finalizes changes to bank stress tests

PROVIDENCE – The Federal Reserve board recently finalized changes to stress tests for the nation’s largest and most complex banks that it said will...
DESPITE $21 BILLION in savings due to the Republican tax overhaul at the 23 U.S. banks the Federal Reserve deems most important to the nation’s economy, firms still cut thousands of jobs and saw their lending growth slow. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DILTS

Banks’ $21B tax windfall doesn’t stop their job cuts

NEW YORK - Major United States banks shaved about $21 billion from their tax bills last year - almost double the IRS’s annual budget...
OVER 75 PERCENT of global banks now use regulatory stress tests to assess concentrations and set limits internally, according to a Deloitte survey. / BLOOMBERG NEWS

Big U.S. banks are letting stress tests make decisions for them

NEW YORK - If you’re a bond trader at a major bank, the next time you ask for an increase in your position limit, the...
UNITED STATES manufacturing output rose 1.1 percent from November to December. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturing production increases by most in 10 months

NEW YORK - United States factory production expanded in December by the most in 10 months, ending the year stronger than expected thanks to a...
ECONOMIC ACTIVITY in New England continued to expand at a modest-to-moderate rate in recent months, according to the latest Beige Book report from the U.S. Federal Reserve.

Fed says economy growing in most of U.S. as weak spots...

NEW YORK - The still-strong United States economy showed signs of slowing in recent weeks amid declining optimism, though most regions continued to show...
A ROUGHLY 20 percent of the decline in homeownership among young adults can be attributed to that increase in student loan debt, according to a new report from the Federal Reserve. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

Student debt is a driver of low millennial homeownership rates

NEW YORK - American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit. Just...
- Featured Event -

Latest News