Tag: Federal Reserve
Fed forges on with hike, asset plan amid inflation concern
NEW YORK - Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak...
Traders’ Fed roadmap is upended as inflation miss rocks markets
NEW YORK - While bond and currency traders still see a Federal Reserve rate hike Wednesday as all but baked in, the latest disappointing...
U.S. wholesale prices little changed in May as fuel settled back
NEW YORK - Wholesale prices were little changed in May from the prior month, reflecting declines in the costs of fuel and food, Labor...
Fed keeps rates on hold as slowdown in growth deemed temporary
WASHINGTON - Federal Reserve officials left interest rates unchanged while signaling they’ll look past a recent deceleration in U.S. economic growth and stay on...
Yellen may see inflation risk in deficit-busting Trump tax cuts
WASHINGTON - What President Donald Trump giveth to the economy with massive tax cuts, Federal Reserve Chair Janet Yellen may be tempted to taketh...
Fed’s Fischer says two more 2017 hikes still feels right
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer said a recent patch of weak economic data likely won’t throw the U.S. central bank off...
Beige Book: Business activity expands in First District
BOSTON – Business activity continued to expand in the First District in recent weeks, according to the Federal Reserve Beige Book report released Wednesday.
The...
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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