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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 89-99
  • The day ahead in business

    The day ahead in business
    Reports: Weekly mortgage applications Local earnings: Material Sciences Corp. Other earnings: Bob Evans Farms, Emmis Communications, WD040 Corp. and others Of note: Federal Reserve Open Market Committee minutes for June meeting
  • IMF, downgrading U.S. growth outlook, cautions investors about interest rates

    The International Monetary Fund sharply lowered its U.S. growth projection for the year and issued a cautionary note to investors: Don't be too confident about interest rates. Like others in the economic forecasting business, the IMF downgraded its U.S....
  • Inflation jumps 0.4% as costs rise for food, energy, other items

    Inflation jumps 0.4% as costs rise for food, energy, other items
    Inflation unexpectedly jumped last month as higher prices for food, energy and other items pushed the annual rate above the Federal Reserve's preferred 2% target, the Commerce Department said Tuesday. The new data could lead central bank policymakers to...
  • Mortgage rates little changed despite economic data

    The forces that move mortgage rates must have taken the week off because despite two good reports on the economy, borrowing costs were little changed this week. The average interest rate on a 30-year, fixed rate mortgage was 4.12 percent this week,...
  • Guest list: Barack Obama, Bill Clinton, Darrell Issa

    Guest list: Barack Obama, Bill Clinton, Darrell Issa
    UPDATED: Barack Obama and Bill Clinton are the main guests on the Sunday programs this weekend. Obama talks to George Stephanopoulos on ABC's "This Week," which starts at 11 a.m. on WFTV-Channel 9. Obama told ABC that the World Cup is affecting some...
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  • Stock market grinds out gains in first half

    It was a slow grind, but U.S. stocks posted gains in the second quarter and first half, extending the bull run into a sixth year. In a surprise, investors also were rewarded for sticking with bonds, as interest rates resumed their decline after...
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  • Factory production heats up in sign of second quarter economic rebound

    Factory production heats up in sign of second quarter economic rebound
    WASHINGTON — Growth returned to U.S. factories in May after a one-month slump, a sign the economy is rebounding following a winter slowdown. Industrial production rose 0.6% after a revised drop of 0.3% in April, the Federal Reserve said Monday....
  • Home equity is soaring, yet many owners are still underwater on loans

    Home equity is soaring, yet many owners are still underwater on loans
    WASHINGTON — If you're like most homeowners, it's your biggest asset. You can't track it online or check monthly statements sent to you by a bank, but it's crucially important for your personal financial well-being and your retirement planning....