The Federal Reserve said the U.S. economy is strengthening and making progress on the Fed's employment and inflation goals, a small step toward dialing back its ultra-low-interest rate policies.
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Read More »July 28, 2021 Comments Off on Fed notes improving economy, easing toward lowering interest rates
The Federal Reserve said the U.S. economy is strengthening and making progress on the Fed's employment and inflation goals, a small step toward dialing back its ultra-low-interest rate policies.
Tagged with: Economy fed interest rates
Read More »July 14, 2021 Comments Off on Fed chair: Inflation will be ‘elevated’ in coming months
Federal Reserve Chair Jerome Powell said inflation “will likely remain elevated in coming months" before “moderating."
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Read More »July 12, 2021 Comments Off on Yellen: Regulators to assess risk posed by climate change
U.S. Treasury Secretary Janet Yellen says she will lead an effort by top U.S. regulators to assess the potential risk that climate change poses to America's financial system.
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Read More »June 22, 2021 Comments Off on Economy growing rapidly, inflation up ‘notably,’ Fed chair says
The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony.
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Read More »June 16, 2021 Comments Off on As inflation rises, Fed sees faster time frame for rate hikes
The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back low-interest rate policies.
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Read More »June 10, 2021 Comments Off on Another jump in prices furthers inflation spike, tightens squeeze on consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
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Read More »June 2, 2021 Comments Off on Federal Reserve survey sees economy growing at faster pace
The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nation's manufacturers, the Federal Reserve reported Wednesday.
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Read More »November 13, 2019 Comments Off on Fed’s Powell sees steady growth, signals pause in rate cuts
WASHINGTON — Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a ...
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Read More »July 11, 2013 Comments Off on Bernanke: U.S. economy still needs Fed’s stimulus
WASHINGTON — Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve’s low interest rate policies. Bernanke told the National Bureau of Economic Research that because unemployment remains high and inflation is below the ...
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Read More »January 30, 2013 Comments Off on Fed says growth pause temporary, keeps up stimulus
WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy “paused” in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future. The Fed took no ...
Tagged with: Economy fed federal reserve growth interest rate Recession treasury
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