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Sunday, March 29, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: interest rates


Fed says economy is healthier; takes no new steps

The Federal Reserve on Tuesday portrayed the U.S. economy as slightly healthier and held off on any new steps to boost the economy. Hiring is picking up and consumers are …


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 …


Fed keeps rates at record lows; upbeat on economy

The Federal Reserve sounded a more confident note Wednesday that the economy is strengthening but pledged to hold rates at record lows to make sure it gains traction.


Fed holds rates at record low to aid recovery

The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an “extended period” to nurture the economic recovery and lower …


Fed is expected to leave rates at record low

The Federal Reserve is expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his colleagues will hint about when …


Interest rates held steady

WASHINGTON – The Federal Reserve said Wednesday it was holding short-term interest rates at near zero and would probably make no change for the foreseeable future, despite a turnaround in …


Fed more hopeful on economy

The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending.


Fed says recession easing, inflation not a threat

The Federal Reserve signaled Wednesday that the weak economy likely will keep prices in check despite growing concerns that the trillions it’s pumping into the financial system will ignite inflation.


Danger of worsening recession drove Fed action

Faced with the danger of a worsening recession, Federal Reserve policymakers at their March meeting took the bold step of plowing $1.2 trillion into the economy to drive down interest …


Fed ready to do more

WASHINGTON – The Federal Reserve signaled Wednesday that it stands ready to use new unconventional tools, or expand existing ones, to spur lending and consumer spending that could help lift …


Fed drops benchmark rate to near zero

WASHINGTON – The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as zero Tuesday, a surprisingly strong step that …