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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 45-55
  • Wages lag as U.S. payrolls grow

    Wages lag as U.S. payrolls grow
    WASHINGTON — The U.S. finished its best year of job growth since 1999 with brisk hiring and a drop in unemployment last month, but there's little indication that workers will start seeing wages go up much any time soon. Employers, led by...
  • Federal Reserve paid government a record $98.7 billion in 2014, reflecting big balance sheet

    The Federal Reserve announced Friday that it paid the federal government a record $98.7 billion in 2014, a payment that reflects the central bank's earnings from holdings of Treasury bonds and mortgage-backed securities purchased to keep long-term...
  • Obama to nominate former Bank of Hawaii CEO to Federal Reserve Board

    Obama to nominate former Bank of Hawaii CEO to Federal Reserve Board
    President Obama said Tuesday that he would nominate the former head of one of Hawaii's largest banks to serve on the Federal Reserve Board of Governors, following criticism from some lawmakers about the lack of community banking experience among the...
  • Mortgage rates defied forecasts in 2014; what's ahead in 2015?

    Mortgage rates defied forecasts in 2014; what's ahead in 2015?
    Housing economists were nearly unanimous a year ago: U.S. mortgage rates would rise in 2014 because the Federal Reserve was unwinding a key economic stimulus that had helped keep long-term interest rates low. But as the year passed, the Fed's pull-...
  • Asian stock markets snap 2 days of losses but growth worries temper gains

    Asian stock markets snapped two days of declines Wednesday but gains were tempered by worries about the plunge in oil prices and renewed doubts about Greece's membership of the euro currency bloc. KEEPING SCORE: Tokyo's Nikkei 225 added 0.5 percent to...
  • Obama taps community banker from Hawaii for vacancy on Federal Reserve Board

    President Barack Obama has selected the former head of a community bank in Hawaii to fill a vacancy on the Federal Reserve Board. The White House said Tuesday that Obama will nominate Allan R. Landon, the former chief executive of the Bank of Hawaii,...
  • Economic crystal ball

    It may be futile to try to predict the future, but it is January, so here are some guesstimates for what might happen in 2015. Global Economy: After increasing at an estimated 2.4 percent rate in 2014, economists expect that U.S. GDP will pick up to 3...
  • Atlanta Fed executive to speak at Fort Lauderdale chamber

    Atlanta Fed executive to speak at Fort Lauderdale chamber
    David Altig, executive vice president and director of research at the Federal Reserve Bank of Atlanta, is scheduled to speak about the economy Tuesday at the Greater Fort Lauderdale Chamber of Commerce's annual meeting, which is open to the public....
  • The value of a strong dollar

    The value of a strong dollar
    President Harry Truman was once heard expressing an odd wish to meet a one-armed economist. Why? Because he tired of economists who provided explanations that included the terms "on one hand" and "on the other hand." He wanted simple, unequivocal answers,...
  • Stronger US economy, lower oil prices pushing Fed toward likely rate hike this year

    Federal Reserve policymakers who met in December expressed concern about weakness overseas but were upbeat enough about the U.S. economy and impact of lower oil prices to prepare for a likely interest rate hike sometime this year. Minutes of the Fed's...
  • Global inflation slows, OECD says

    The global inflation rate slowed to 1.5% in November from 1.7% a year earlier, propelled largely by the steep drop in energy prices, the Organisation for Economic Cooperation and Development said. The OECD data, released Thursday, added to concerns...