Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Partly Cloudy Night 42° Partly Cloudy

Tag search results

Tags let us describe our content with keywords, making it easier to find what you're most interested in. Use the search box to look for tags, or explore our coverage with the lists below.

Trump Fed nominee Shelton faces skepticism at Senate hearing

One of President Donald Trump’s nominees for the Federal Reserve came under sharp questioning Thursday from senators who expressed skepticism at her unorthodox economic views, including two Republicans who raised doubts about her nomination.

Powell hears bipartisan Senate support for Fed independence

Republican and Democratic senators voiced strong support for an independent Federal Reserve during a hearing with Fed Chair Jerome Powell, one day after President Donald Trump launched another attack directed at Powell on Twitter.

Fed turns to private data to help gauge economy’s performance

WASHINGTON – About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial shutdown of the government had halted the release of most economic data.

Fed seems content with low rates but confronts challenges

For the first time in years, Federal Reserve officials will hold their latest policy meeting this week feeling broadly satisfied with where interest rates are and with seemingly no inclination to change them anytime soon.

Former Federal Reserve Chairman Paul Volcker has died

Paul Volcker, the former Federal Reserve chairman who in the early 1980s raised interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.

Fed cuts rates for a 3rd time but signals it will now pause

The Federal Reserve cut short-term interest rates Wednesday for a third time this year to try to support the economy. But it signaled that it plans no further cuts unless it sees clear evidence that the economic outlook has worsened.

Robert J. Samuelson: The odd couple: Trump and Powell

If ever there was a case of political miscalculation, it’s the collapsing relationship between President Trump and the chairman of the Federal Reserve Board, Jerome (“Jay”) Powell. Trump seems to have believed that he could easily manipulate Powell into embracing an aggressively easy monetary policy whose main objective was Trump’s re-election. For his part, Powell seems to have believed that, although Trump would periodically challenge the Fed’s behavior, he would fundamentally respect its “independence.”

A divided Fed cuts key rate for 2nd time this year

A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S. economic expansion.