Tag: Federal Reserve
Stocks surge, dollar sinks on dovish Powell signal
NEW YORK - United States stocks rallied the most in eight months, the dollar fell and emerging-market assets surged after a dovish tone from...
Risky corporate debt flagged in Fed’s financial stability report
NEW YORK - The United States economy is showing some vulnerabilities as investors take increasing risks with corporate debt and businesses rely on “historically...
U.S. homebuilder index drops by most since ’14 as rates rise
NEW YORK - Confidence among United States homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrain demand,...
U.S. consumer prices offer mixed signals on inflation outlook
NEW YORK - An underlying measure of United States consumer prices picked up in October while trailing forecasts on an annual basis, offering mixed...
Fed stands pat on interest rates ahead of expected Dec. hike
NEW YORK - The Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs...
Millennial men leave perplexing hole in hot U.S. job market
NEW YORK - Nathan Butcher is 25 and, like many men his age, he isn’t working.
Weary of long days earning minimum wage, he quit his...
U.S. payrolls rise above-forecast 250,000 as wage gains hit 3.1%
NEW YORK - United States hiring rebounded by more than forecast in October, annual wage gains topped 3 percent for the first time since 2009...
Americans save less to sustain spending as income gains cool
NEW YORK - Americans kept on spending in September as income gains cooled, pushing down the savings rate to the lowest this year. Inflation matched...
U.S. GDP grows above-forecast 3.5% on consumption, inventories
NEW YORK -The United States economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories...
What’s wrong with the 2% inflation target?
In 1996, Federal Reserve Chairman Alan Greenspan had an exchange with Janet Yellen, then a member of the Fed’s Board of Governors, that presaged...
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