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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 23-33
  • Will the Fed hike rates? It's all over but the Yellen

    A few years ago, I was dispatched to cover a speech by then-Federal Reserve Chairman Ben Bernanke. Although the topic listed was listed in the Physician's Desk Reference under "heavy narcotics," my presence was required, "just in case he makes some news."...
  • Fed Vice Chair Fischer: Rate hike is likely this year

    Federal Reserve Vice Chairman Stanley Fischer says he expects the Fed to start raising interest rates sometime this year. Once that happens, though, rates won't likely move in any predictable pattern, he added. Fischer's remarks Monday built on a message...
  • US stocks rise on rebound in oil, strong company results

    Stocks advanced Friday, capping a strong week, helped by a recovery in the price of oil and earnings from Olive Garden owner Darden Restaurants and sportswear giant Nike. The Nasdaq composite index inched closer to its all-time high set at the height...
  • Fed Chair Janet Yellen to speak in Rhode Island in May

    Federal Reserve Chair Janet Yellen will be making a visit to Rhode Island this spring. Sen. Jack Reed and Greater Providence Chamber of Commerce officials announced Sunday that Yellen will be speaking at the Chamber's annual Economic Outlook Luncheon...
  • Bankers are complaining — again — about too much regulation

    Bankers are complaining — again — about too much regulation
    The term "regulatory capture" refers to what happens when regulators swim so close to the companies they regulate that they get snared in those companies' gravitational fields. What results is tolerant, indulgent regulation, or none at all. For a good...
  • Asian markets mostly lower after Wall Street slide

    Asian stock markets were mostly lower Friday after a slide in oil prices drove a Wall Street decline. KEEPING SCORE: Hong Kong's Hang Seng index shed 0.2 percent to 24,413.13 points and Seoul's Kospi lost 0.2 percent to 2,033.77. Taiwan, Manila and...
  • Why Fed won't have a big impact on your loans anytime soon

    Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher. When that happens, it will put upward pressure on borrowing rates throughout the...
  • US rally sends Asia higher, but Tokyo slumps on weak dollar

    Asian stocks were mixed in early Thursday trading, as Tokyo slumped over the U.S. Fed statement overnight that has reversed a recent trend for a strong dollar, while the rest of the region was cheered by a surge on Wall Street that followed. KEEPING...
  • US current account trade deficit widens to $113.5 billion

    The deficit in the largest measure of U.S. trade widened in the October-December quarter to the biggest imbalance in more than two years as exports of goods fell at a faster pace than imports. The Commerce Department said Thursday that the deficit in the...
  • Fed redefines the unemployment range it considers acceptable

    The Federal Reserve was in a tough spot: The February U.S. unemployment rate of 5.5 percent is right where the Fed had been saying inflation would likely start to accelerate. Yet inflation remains even lower than the Fed wants it to be. So on Wednesday,...
  • Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says

    Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says
    Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago. The average for 15-year fixed home loans slipped to 3.06% from 3.1%, the...