Stories tagged: federal reserve
Mon., Jan. 27, 2020
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 …
Wed., Dec. 11, 2019
The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year.
Mon., Dec. 9, 2019
The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future.
UPDATED: Mon., Dec. 9, 2019
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 …
UPDATED: Mon., Nov. 18, 2019
President Donald Trump summoned Federal Reserve Chairman Jerome Powell to the White House on Monday to discuss the economy and interest rates – issues on which Trump has repeatedly attacked …
UPDATED: Wed., Nov. 13, 2019
Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions.
UPDATED: Wed., Oct. 30, 2019
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 …
Tue., Oct. 29, 2019
Economists and investors who are trying to get a fix on what the Federal Reserve may do in the months ahead have zeroed in on a single phrase in the …
Thu., Oct. 10, 2019
The Federal Reserve is easing restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump.
Wed., Oct. 9, 2019
On Wednesday, Fed Chairman Jerome Powell instead said that low inflation can create problems for the U.S. economy, calling it one of the “longer-term challenges” facing the United States.
UPDATED: Mon., Sept. 23, 2019
President Donald Trump’s Twitter attacks on the Federal Reserve are prompting investors to bet the central bank will bow to political pressure and lower interest rates, according to a new …
UPDATED: Wed., Sept. 18, 2019
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 …
UPDATED: Mon., Sept. 16, 2019
For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and …
Wed., Sept. 4, 2019
The Federal Reserve said Wednesday the U.S. economy is still growing steadily and most businesses are optimistic, even in the face of President Trump’s trade wars.
Wed., Aug. 21, 2019
Under the glare of a spotlight, Chairman Jerome Powell may signal Friday what the Federal Reserve will do – or can do – to strengthen the economy and restore confidence …
UPDATED: Wed., July 31, 2019
The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump’s trade …
UPDATED: Tue., July 16, 2019
Fed Chairman Powell says 2008 financial crisis accelerated major changes in U.S. and global economies.
UPDATED: Wed., July 10, 2019
Powell sends strong signal that Fed is prepared to cut rates in light of rising uncertainties.
UPDATED: Tue., July 9, 2019
Powell called the tests, which determine whether a bank could survive a severe economic downturn, one of the “most successful supervisory innovations” achieved in the aftermath of the 2008 financial …
UPDATED: Mon., July 8, 2019
Technology and health care companies drove U.S. stocks to a lower finish Monday as the market fell for a second straight day following a run of record highs.
Fri., July 5, 2019
The Federal Reserve on Friday repeated its pledge to “act as appropriate” to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials …
Tue., June 25, 2019
Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess …
UPDATED: Fri., June 21, 2019
Federal Reserve says 18 of the nation’s largest and most complex banks strong enough to withstand a severe economic downturn.
UPDATED: Wed., June 19, 2019
The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it’s prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and …
UPDATED: Mon., June 17, 2019
Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably …
Fri., June 14, 2019
President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve’s interest rate policies even though he knows he has made Chairman Jerome Powell’s …
UPDATED: Fri., June 7, 2019
Hiring slowed sharply in May, as companies in industries hardest hit by President Donald Trump’s escalating trade war hesitated to bring on new employees.
UPDATED: Tue., June 4, 2019
Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration’s trade conflicts to protect the U.S. economy, signaling that the Fed will cut …
UPDATED: Thu., May 9, 2019
Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility.
Thu., May 2, 2019
The withdrawal Thursday of Stephen Moore, President Donald Trump’s choice for the Federal Reserve board, has thrown a spotlight on the tough task Trump has set for himself: Finding a …