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Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the […]
Powell at Jackson Hole: ‘The time has come’ for the Fed to soon begin reducing interest rates
JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, […]
The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing
WASHINGTON (AP) — The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that the central bank is moving closer […]
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 […]
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