Tag: Federal Reserve
Yellen says Fed’s focus has shifted to holding growth gains
WASHINGTON - Federal Reserve Chair Janet Yellen said the U.S. central bank’s task has shifted from a post-crisis exercise of healing the economy to...
In bank earnings season, surprise lurks in rising deposit costs
NEW YORK - When the Federal Reserve raised benchmark interest rates last month, it took North Carolina lender BB&T Corp. less than four minutes to announce...
Stocks, dollar rise after late selloff; oil gains
NEW YORK – U.S. stocks rose with the dollar, while Treasuries slipped as investors reassessed the Federal Reserve’s signal that it intends to shrink...
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