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Wednesday, April 1, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: federal reserve


Factory output rises in January by most in 6 months

U.S. factories cranked out more autos, furniture and food last month, boosting production by the most since July.


Banking questions grow as profit warnings pile up

Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings.


Fed boss Yellen: Slower rate hikes if economy disappoints

Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest …


Fed voices concern about global economic pressures

The Federal Reserve is keeping a key interest rate unchanged while pledging to closely monitor developments in the global economy and financial markets.


Fed finally lifts key interest rate from near zero

The latest on the Federal Reserve’s landmark two-day policy meeting which ends Wednesday. The central bank is expected to raise interest rates for the first time in nearly a decade. …


Samuelson: Interest rate “liftoff” will be gradual

Slow recovery despite low interest rates shows Fed’s limitations.


Fed chief Janet Yellen: December interest rate hike a ‘live possibility’

Federal Reserve Chair Janet Yellen said Wednesday that an interest rate hike in December is a “live possibility” if the economy stays on track. Yellen described the U.S. economy as …


Fed keeps interest rates at record low

The Federal Reserve is keeping U.S. interest rates at record lows in the face of persistent threats from a weak international economy and excessively low inflation.


China stocks jump, other world markets await Fed minutes

LONDON – Pent-up investor demand fueled a jump in Shanghai stocks after Chinese markets reopened Thursday following an extended holiday but other world bourses were lackluster ahead of the release …


Dow tops 18,000 as market reaches new highs

Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time.


Fed keeps rate at record low, ends bond buying

WASHINGTON — The Federal Reserve plans to keep a key interest rate at a record low to support a U.S. job market that’s improving but still isn’t fully healthy and …


Fed survey shows one-quarter of American households ‘just getting by’

WASHINGTON – A quarter of U.S. households say they’re “just getting by” financially, a survey by the Federal Reserve shows. The Fed issued the first-time report Thursday, describing it as …


Fed to reduce pace of bond buying by another $10 billion

WASHINGTON — The Federal Reserve says it will cut its monthly bond purchases by an additional $10 billion to $65 billion because of a strengthening U.S. economy. It’s doing so …


Fed proposes big banks hold more cash, assets

WASHINGTON — The Federal Reserve on Wednesday proposed that big banks keep enough cash, government bonds and other high-quality assets on hand to survive a severe downturn on par with …


New $100 bills begin circulating today

WASHINGTON – The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party today, partial government shutdown or not. The Federal …


Man arrested in Federal Reserve bomb plot

NEW YORK — A Bangladeshi man who came to the United States to wage jihad was arrested in an elaborate FBI sting today after attempting to blow up a fake …


Fed: No change of plans for economy

WASHINGTON — The Federal Reserve says the economy is growing moderately while cautioning that risks from Europe remain. It’s holding off on taking any further steps to boost the recovery.


Bernanke: US job market weak despite gains

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost growth.


Paul decries government ‘busybodies’

Ron Paul, making a return visit to Spokane in advance of today’s Republican precinct caucuses, showed again Friday that he continues to enjoy strong support across the Inland Northwest. Paul …


Bernanke optimistic regarding economy

WASHINGTON – Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the …


Plunge pressures Fed

WASHINGTON – All eyes will be on the Federal Reserve today as it meets to weigh what else it can possibly do to reverse Monday’s 600-plus point decline in the …


Local recovery slow going

The economic recovery will grind slowly forward next year, extending this year’s modest improvements but not breaking out strongly enough to significantly affect unemployment and household income, economists John Mitchell …


Fed signals it will take further steps if needed

The Federal Reserve is offering a dim view of the economy and signaling that it’s prepared to provide new relief if necessary to support the recovery.


Stocks extend rally ahead of Fed meeting

Stocks extended their September rally into a fourth week today as investors hoped for more moves by the Federal Reserve to prop up the economy.


Fed takes small step to bolster recovery

Worried about the economy, the Federal Reserve is taking a small step to bolster the sputtering recovery.


Wall Street closely watching Fed’s next move

Federal Reserve policymakers are pondering ways to jump-start the economic recovery. The trick: making sure whatever they do or say doesn’t rattle Wall Street.


Fed chief open to new steps to keep recovery going

Federal Reserve Chairman Ben Bernanke told Congress today the economic outlook remains “unusually uncertain,” and the central bank is ready to take new steps to keep the recovery alive if …


Bank of Whitman strikes Fed deal

Bank of Whitman and the Federal Reserve Bank of San Francisco have reached an agreement that imposes a multitude of requirements on the Colfax-based institution, including some that must be …


Fed strikes more cautious tone on U.S. recovery

The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe’s debt crisis poses a risk to it.


Interest rates likely to stay low

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows. Consumer prices fell in April for the first time in more …