A few weeks ago, the Federal Reserve delivered to investors what had been rumored and debated for months in the form of a fresh round of quantitative easing, now affectionately labeled QE3.
WASHINGTON — The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week. Probably not, many economists say. The U.S. economy grew at an annual rate of just 1.5 percent from April […]
WASHINGTON — The Federal Reserve acted Wednesday to lift an economy that’s being held back by a weakened job market. It’s extending a program designed to spur borrowing and spending through lower long-term U.S. interest rates. The Fed also reiterated its plan to keep short-term rates at record lows until at least late 2014. And […]
WASHINGTON — The Federal Reserve is meeting this week at a time of high alert — over the slumping U.S. economy, the aftermath of the Greek elections and the shaky financial markets. Whether that means it will announce any new action when its two-day meeting ends Wednesday isn’t certain. But many analysts think the struggles […]
WASHINGTON — Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they meet Tuesday is whether that burst of strength will last long enough for them to […]