Stories tagged: interest rate
Mon., March 13, 2017, 8:17 a.m.
Fed, economists and investors show rare harmony on rate outlook
A year ago, the Federal Reserve was forced to back away from its earlier projection for four interest-rate increases in 2016. This year, everyone’s coming around to the Fed’s view. …
Wed., Oct. 12, 2016, 2:34 p.m.
Fed saw no-hike decision in September as ‘close call’
Federal Reserve officials last month kept a key interest rate unchanged but saw the decision as a “close call.” Many believed that the case for a rate hike had strengthened …
Fri., Aug. 5, 2016, 1:24 p.m.
Prosecutors ask appeals panel to rehear Bank of America case
A federal appeals panel should reconsider its reversal of a fraud verdict against Bank of America Corp. and $1.2 billion penalty resulting from the bank’s actions during the 2008 financial …
Fri., Aug. 5, 2016, 11:10 a.m.
Five things we learned from the surprisingly strong July jobs report
U.S. employers added a healthy 255,000 jobs in July, a sign of confidence amid sluggish economic growth that points to a resilient economy.
Wed., July 27, 2016, 11:33 a.m.
Fed’s more upbeat tone suggests rate hike sometime this year
WASHINGTON – The Federal Reserve is keeping interest rates unchanged while noting that near-term risks to the economy have diminished. The Fed said Wednesday that the U.S. job market has …
Wed., May 18, 2016, 11:38 a.m.
Federal Reserve targets June for possible second rate hike
Federal Reserve officials believe that a June interest rate hike is likely at the central bank’s next meeting in June if the economy keeps improving.
Wed., March 16, 2016, 11:57 a.m.
Fed keeps key rates unchanged; foresees fewer hikes in 2016
The Federal Reserve is keeping a key interest rate unchanged in light of global pressures that risk slowing the U.S. economy.
Wed., Jan. 28, 2009, 12:57 p.m.
Fed pledges to use all tools to help economy
The Federal Reserve, acknowledging the economy has continued to deteriorate, signaled Wednesday that it will keep using unconventional tools to cushion the fallout, including keeping a key interest rate at …
Tue., Jan. 27, 2009, 10:48 a.m.
Fed expected to keep rates at record lows
Federal Reserve policymakers are gathering to examine what other tools they can use to help ease a recession that has left millions of Americans out of work.
Tue., Dec. 16, 2008, 11:33 a.m.
Fed cuts target for key rate to record low
WASHINGTON — The Federal Reserve has cut its target for a key interest rate to the lowest level on record and pledged to use “all available tools” to combat a …
Fri., May 26, 1995
Sales Of Existing Homes Plunge To Three-Year Low April Drop Raises New Concerns About Economic Slowdown
Sales of previously-owned homes fell during April to the lowest level in almost three years, suggesting that lower mortgage rates may not be enough to keep the U.S. economy from …
Tue., April 25, 1995
T-Bill Rates Rise To 5.66 Percent
Interest rates on short-term Treasury securities rose in Monday’s auction. The Treasury Department sold $11.7 billion in three-month bills at an average discount rate of 5.66 percent, up from 5.56 …
Sat., March 25, 1995
Mortgage Rates Fall To 8.4 Percent
Defying predictions, mortgage interest rates have fallen - to 8.4 percent for a 30-year, fixed-rate loan this week - and are expected to stay about at that level or rise …