Tag: interest rates
R.I.’s high-end home market has room to run in 2022
What goes up must come down, we’ve been taught, except apparently when it comes to high-end home sales in the Ocean State.
Last year was...
Fed plan to spur inflation has risks
In a healthy economy, prices tend to go up – a process called inflation.
While you might not like that as a consumer, moderate price...
Federal interest-rate cuts good for businesses, borrowers but bad for banks
PROVIDENCE – The emergency half-percentage-point cut in the federal interest rate is bad news for banks, at least from a revenue perspective.
The Federal Reserve’s...
Coronavirus freaked markets, not the Fed
The U.S. equity market finally took notice of the coronavirus, which now is spreading from China to other countries and increasing the risk of...
The Fed did no favors for spring homebuyers
The Federal Reserve cut interest rates three times last year and pledged not to increase them absent meaningful increases in wages and inflation –...
Fed leaves main rate unchanged, saying policy is appropriate
WASHINGTON – The Federal Reserve kept its key interest rate unchanged, as expected, on Wednesday and continued to signal policy would stay on hold...
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...
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