Tag: interest rates
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...
Banks don’t need lower rates
It’s generally accepted that one of the keys to a healthy economy is a robust banking system. For some reason, though, central banks seem...
Trump’s trade war challenges Fed’s independence
All four living former chairs of the Federal Reserve took to the op-ed page of the Wall Street Journal on Aug. 5 to defend...
Should you refinance your mortgage? Fever sweeps U.S.
NEW YORK – Suddenly, mortgage broker Mark Livingstone is working weekends and spending his meager free time reading resumes, because he needs help handling the...
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