Tag: Janet Yellen
U.S. third-quarter growth revised to three-year high of 3.3%
NEW YORK - The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses...
Fed to shrink assets next month, boost rates by year-end
NEW YORK - Federal Reserve officials set an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of...
Yellen issues broad defense of post-crisis financial rules
NEW YORK - Federal Reserve Chair Janet Yellen said any rollback of post-crisis financial reforms should be “modest” because they’ve made the banking system...
Fed says balance-sheet unwind to start `relatively soon’
NEW YORK - Federal Reserve officials said they would begin running off their $4.5 trillion balance sheet “relatively soon” and left their benchmark policy...
Yellen sees inflation as key uncertainty amid moderate growth
NEW YORK - Federal Reserve Chair Janet Yellen said the United States economy should continue to expand over the next few years, allowing the...
Fed officials divided on when to begin balance-sheet unwind
NEW YORK - A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its...
Capital One must resubmit plan as 33 banks ace Fed tests
NEW YORK – Capital One Financial Corp. was alone among big U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional...
Yellen’s future at Fed resisted by Trump aides wanting new blood
NEW YORK - Federal Reserve Chair Janet Yellen’s candidacy for another term is encountering resistance from some Trump administration advisers who want a new...
Don’t underestimate U.S. expansion: It’s headed to a record
NEW YORK - This United States expansion may be moving like a tortoise, but it’s on its way to win the race.
Widely disdained for...
U.S. jobless filings at three-week low amid strong labor market
NEW YORK - The United States job market continues to show signs of strength, as the number of Americans filing for unemployment benefits fell...
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