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Charles Evans

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  • Book your tickets to Europe now because the dollar's surge may be over

    Book your tickets to Europe now because the dollar's surge may be over
    For the last six months, it seemed like the dollar could only go up. But if the Federal Reserve has its way, that might be over now.
  • Text of the Federal Reserve's statement Wednesday

    Below is the statement the Federal Reserve released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have...

    Congress finds rare bipartisan ground in focus on New York Fed

    WASHINGTON Lawmakers who agree on little else are finding common ground in one thing: The Federal Reserve Bank of New York has too much power within the U.S. central bank. One result has been increased interest in a plan advanced last month by Dallas Fed...

    Fed official warns against raising interest rates 'prematurely'

    Fed official warns against raising interest rates 'prematurely'
    Even though a global slowdown threatens the U.S. recovery, the biggest risk facing the nation's economy would be decision by the Federal Reserve to raise interest rates too soon, according to a top central bank policymaker. The Fed should be patient...

    Weak jobs report could keep Fed from slowing stimulus this month

    Weak jobs report could keep Fed from slowing stimulus this month
    WASHINGTON -- The top-line number in the August jobs report was roughly in line with expectations, but economists digging into the details Friday saw bad signs that could give Federal Reserve policymakers concerns about reducing their stimulus efforts...