Tag: interest rates
Fed leaves rates unchanged; forecasts show no change in 2020
WASHINGTON – The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking...
World economy’s biggest threat: trade tensions
At last month’s meetings of the World Bank and International Monetary Fund, I repeatedly heard the same dismal view: The global economy is in...
Fed cuts rates by one-quarter percentage point while hinting at a...
WASHINGTON – Federal Reserve officials reduced interest rates by one-quarter percentage point for the third time this year and hinted they may now put...
Fed to start buying $60B of treasury bills a month from...
WASHINGTON – The Federal Reserve said it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark...
Housing might rescue economy from trade war
Recently released manufacturing data made two things clear: The Federal Reserve might be powerless to prevent the negative effects of the trade war from...
Fed minutes show debate emerges on when to halt policy easing
WASHINGTON – Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend even as they agreed to lower rates in...
Fed makes second straight rate cut, splits on further action
WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...
Zillow predicts housing market slowdown in 2020
PROVIDENCE – The economy in the United States could be on the verge of a recession, with many experts polled by online real estate...
Fed and ECB bend to markets ahead of economy
Fearing market disruptions, both the European Central Bank and the Federal Reserve will most likely take more stimulus measures this month regardless of what...
Powell says economy in favorable place, faces significant risks
WASHINGTON – Federal Reserve Chairman Jerome Powell said the United States economy is in a favorable place but faces “significant risks” as growth abroad...
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