Tag: Jerome Powell
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...
Fed minutes show many saw a stronger rate-cut case
WASHINGTON – Federal Reserve officials judged uncertainties and downside risks to the outlook for the United States economy had increased significantly when they gathered...
Fed scraps ‘patient’ rate approach in prelude to potential cut
WASHINGTON – The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a...
Stocks jump most since Jan. on jolt from Powell
NEW YORK – United States stocks climbed the most since January as Federal Reserve Chairman Jerome Powell signaled an openness to rate cuts and...
Fed minutes signal patience on rate moves for ‘some time’
NEW YORK – Federal Reserve officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time,”...
U.S. jobless claims fall more than expected to four-week low
NEW YORK - Filings for United States unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following...
Fed sees no 2019 hike, plans Sept. end to asset drawdown
NEW YORK - Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of...
Powell sees healthy economy with ‘crosscurrents’ to watch
NEW YORK - Federal Reserve Chairman Jerome Powell said a healthy United States economy has faced some “crosscurrents and conflicting signals” that officials in January...
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