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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 45-55
  • US wholesale prices drop 0.8 percent in January

    U.S. wholesale prices fell by a record amount in January, led by the biggest drop in gasoline prices in six years. The Labor Department said Wednesday that its producer price index declined 0.8 percent last month, the biggest drop in a data series that...
  • US factory output rose a modest 0.2 percent in January

    U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace. Factory production increased 0.2 percent in January after a flat reading in...
  • Fed officials stress patience in rate hike talks

    Fed officials stress patience in rate hike talks
    Federal Reserve policymakers do not appear ready to start raising interest rates anytime soon, with officials expressing concerns about inflation and lingering weakness in the labor market. Minutes of the Fed's Jan. 27-28 meeting released Wednesday show...
  • Fed policymakers weighed risks of interest rate hike, minutes show

    Fed policymakers weighed risks of interest rate hike, minutes show
    A decision on when to start raising the Federal Reserve’s benchmark interest rate remained elusive, even though policymakers spent much of their last meeting debating the timing of the hike. Many worried at the Federal Open Market Committee...
  • Investing-The pros and cons of cheap oil: Why the 55 percent plunge in oil prices is roiling markets worldwide

    Investing-The pros and cons of cheap oil: Why the 55 percent plunge in oil prices is roiling markets worldwide
    THE POSITIVES -- Buoyant consumers. With the price of a fill-up falling to its lowest level in 11 years, U.S. consumers will spend $750 less per household on gasoline this year than they did in 2014, the government estimates. That will spur consumer...
  • Stocks eke out record high; Goodyear gains

    Stocks eke out record high; Goodyear gains
    U.S. stocks closed slightly higher Tuesday as investors continued to monitor talks between Greece and its creditors in hopes that a deal will be reached to keep the country from falling out of the eurozone. Investments typically considered less risky,...
  • Business events scheduled for Wednesday

    Major business and economic events scheduled for Wednesday: All times are Eastern WASHINGTON — Labor Department releases the Producer Price Index for January, 8:30 a.m. WASHINGTON — Commerce Department releases housing starts for January,...
  • Community banks lobby senators to curb power of New York Fed

    The Independent Community Bankers of America has stepped up its support for a proposal to strip the Federal Reserve Bank of New York of its permanent vote on monetary policy and share it with the other regional Fed banks. Dallas Fed President Richard...
  • Fed keeps key rate near zero, will stay 'patient' on raising it

    Fed keeps key rate near zero, will stay 'patient' on raising it
    Federal Reserve policymakers kept their benchmark interest rate near zero and reiterated a plan to be patient about future hikes, even though they issued a more upbeat assessment of the U.S. economy. Fed officials said in a policy statement Wednesday...
  • Robert B. Reich: Wall Street's threat to the American middle class

    Presidential aspirants in both parties are talking about saving the middle class. But the middle class can't be saved unless Wall Street is tamed. The Street's excesses pose a continuing danger to average Americans. And its ongoing use of confidential...
  • European Central Bank expected to unveil stimulus plan

     European Central Bank expected to unveil stimulus plan
    In the summer of 2012, with the euro in crisis and the European experiment of unified government seemingly on the brink, the head of the European Central Bank made a now-famous vow. "The ECB will do whatever it takes to preserve the euro," Mario...