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Federal Reserve foresees no interest rate hikes in 2019
The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United […]
BERKO: Thoughts on the past few Fed chairs
Dear Mr. Berko: Could you give your opinions of recent chairs of the Federal Reserve Board — namely, Alan Greenspan, Ben Bernanke and Janet Yellen? — TD, Akron, Ohio Dear […]
Fed official supports September start for bond reductions
A member of the Federal Reserve’s interest-setting committee said Wednesday it would be appropriate for the central bank to announce next month that it will begin trimming its $4.5 trillion […]
For ECB and Fed, Trump complicates decisions on rate policy
FRANKFURT, Germany (AP) — Donald Trump’s surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated […]
Yellen likely to face questions about Wells Fargo
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen, who has been in the hot seat over the central bank’s interest-rate policy, now has another headache: Wells Fargo. Yellen is likely […]
BERKO: Fed team belies land of the free market
DEAR MR. BERKO: Is there a group called the Plunge Protection Team that is part of the Federal Reserve and is supposed to prevent stock crashes and allow the administration […]
Why some Fed voting members hold more influence than others
WASHINGTON (AP) — Janet Yellen’s Federal Reserve has demonstrated one of the core tenets of central banking: On the Fed panel that sets interest rates, some votes are more equal […]
Fed keeps key rate unchanged but hints of coming hike
WASHINGTON (AP) — The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year’s end. The Fed said in a statement […]
With economic outlook hazy, Fed likely to leave rates alone
WASHINGTON (AP) — Again and again in recent months, the Federal Reserve has signaled that it’s edging closer to resuming the interest-rate hikes it began in December. It just doesn’t […]
Americans got raise last year for first time since 2007
WASHINGTON (AP) – Americans finally got a raise last year after eight years of stagnating incomes. The typical U.S. household’s income rose 5.2 percent in 2015 to $56,516, the Census […]
Fed rate hike jitters and Clinton concerns hit stocks hard
LONDON (AP) — Global stock markets tumbled Monday as investors fretted over the possibility of an imminent U.S. interest rate hike and reacted to the weekend health problems of presidential […]
Yellen suggests rate hike is coming but offers no timetable
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Fed is moving toward raising interest rates in light of a solid job market and an improved outlook for the […]
Latest News
- A rising number of rentals drives down rent prices for third straight month
- CP Group announces four new leases at Harris Corners in Charlotte
- Developer files plans for 384-acre mixed-use project in Kings Mountain
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- Construction firms add 19,000 jobs in July as sector’s unemployment level hits 3.9 percent
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- 47% of employees say they’ll quit if employer orders return to office full time
- U.S. housing market avoids crash, but challenges remain for buyers and sellers
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- PERSONNEL FILE: Peters joins Showcase Realty
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- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
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