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THE FEDERAL RESERVE announced it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark interest rate. The purchasing of bills sis expected to continue until at least the second quarter of 2020. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

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...
NOTES FROM the Federal Open Market Committee meeting show that Reserve officials began debating how far their current interest-rate cutting campaign should extend. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

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...
JEROME POWELL is scheduled to be the keynote speaker at the Greater Providence Chamber of Commerce annual meeting this year. / BLOOMBERG FILE PHOTO/AL DRAGO

Fed Chairman to speak at Greater Providence Chamber’s annual meeting

PROVIDENCE - This fall’s annual meeting of the Greater Providence Chamber of Commerce is expected to feature one of the world's heavy hitters in...
THE FEDERAL OPEN MARKET COMMITTEE, led by Federal Reserve Chairman Jerome Powell, decided to drop the main interest rate one-quarter of a point Wednesday. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

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...
THE FEDERAL RESERVE is expected to cut interest rates by a quarter of a percentage point next week and again in December. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed seen cutting rates twice more in 2019 before holding steady

WASHINGTON – United States central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the...
U.S. STOCKS fell Friday on following the escalation of the U.S. and China trade war. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Stocks sink, bonds gain as U.S.-China feud deepens

NEW YORK – United States stocks slumped and Treasuries rallied after President Donald Trump said he’ll respond to new Chinese tariffs and blasted Federal Reserve...
JEROME POWELL, chairman of the U.S. Federal Reserve, said Friday that while the U.S. economy is strong, it faces uncertainty from global markets and trade uncertainties. / Bloomberg News File Photo/Andrew Harrer

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...

Stocks rise, treasuries fall on stimulus bets

NEW YORK – U.S. stocks rose for a second day as investors got a reprieve from trade posturing and speculation mounted that European officials...

Fed survey finds tariffs pushing up prices, pinching profits

WASHINGTON – A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs...

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...
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