Tag: interest rates
Tax cut winners and losers
President Donald Trump and the Republicans’ tax cut is proving to be vastly more generous for corporate America, and vastly more expensive for taxpayers,...
Fed raises rates, trims forecast for hikes in 2019 to two
WASHINGTON – The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald...
Survey: U.S. companies may be ‘overexposed’ to rising interest rates
PROVIDENCE – About two-thirds of U.S. corporate decision-makers have not locked in favorable rates to mitigate their interest rate and foreign-exchange exposure, a decision...
Fed stands pat on interest rates ahead of expected Dec. hike
NEW YORK - The Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs...
U.S. stocks plunge most since Feb.
NEW YORK – United States stocks tumbled the most since February as fresh concern about the impact of the trade war with China roiled...
Fed raises rates and says more coming, brushing off Trump jabs
NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...
Trump wants the Fed to roll back the U.S. economy
Doves on the Federal Reserve evidently have a vocal ally in President Donald Trump. He said recently he’s “not thrilled” about the Fed increasing...
Fed raises rates; Officials lift outlook to four 2018 hikes
NEW YORK – Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in...
Rising yields won’t blunt the U.S. economy’s momentum – for now
NEW YORK – There’s too much momentum and too little debt for rising interest rates to derail the U.S. economic expansion.
That’s the conclusion from...
U.S. inflation firmed in February without outsize acceleration
WASHINGTON – U.S. consumer prices continued to firm in February, indicating inflation is creeping up toward the Federal Reserve’s target without the kind of breakout...
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