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Ann Saphir

Fed rate hike, rate cut both 'on the table': Bostic

23 Mar 2019

SAN FRANCISCO The Federal Reserve's patient approach to monetary policy is no guarantee that it will leave interest rates where they are for the rest of the year, the president of the Atlanta Federal Reserve Bank, Raphael Bostic, said on Friday.

Beneath Fed's positive spin, an embrace of a tepid future

21 Mar 2019

SAN FRANCISCO/WASHINGTON Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. They predict inflation will miss their 2 percent target for yet another year, despite rising wages, and they expect unemployment to increase.

Fed looks to avoid crossed signals at policy meeting

17 Mar 2019

NEW YORK/SAN FRANCISCO Only two things will really matter when Federal Reserve Chairman Jerome Powell strides to the podium for his press conference on Wednesday after the end of the U.S. central bank's latest two-day policy meeting: Dots and bonds.

Bribing your way to college? Check your math, it may not pay

14 Mar 2019

SAN FRANCISCO/WASHINGTON Experts agree that college pays off. But at any price?

For Fed, few reasons to end 'patient' stance on rates

05 Mar 2019

NEW YORK/SAN FRANCISCO With inflation muted but other risks to the U.S. economy on the rise, the Federal Reserve's patience on policy is nowhere close to running out, with one previously hawkish central banker on Tuesday signaling he could wait until at least June before touching interest rates again.

Fed's Kaplan says U.S. corporate debt a reason for rate hike pause

05 Mar 2019

SAN FRANCISCO A $5.7 trillion borrowing binge by U.S. companies could make a slowdown in the world's biggest economy even more painful and is one more reason the Federal Reserve was wise to put interest rate hikes on hold, Robert Kaplan, president of the Dallas Fed, said.

Fed's Clarida says U.S. economy in a good place

26 Feb 2019

DALLAS The U.S. economy is operating at near full employment, and with inflation near the Fed's 2-percent goal and upward pressures "muted," the point of policy now is to keep it there, Federal Reserve Vice Chair Richard Clarida said on Monday.

Fed's Powell heads to Congress amid shifting landscape

25 Feb 2019

WASHINGTON Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Republicans alike.

Fed's 'hotter' economy can boost jobs, Kaplan says

25 Feb 2019

DALLAS The Federal Reserve's approach of letting the U.S. economy run "hotter" is aimed at helping people in impoverished communities not only get jobs but also keep them, a goal that has been hard to achieve in the past, Dallas Federal Reserve Bank President Robert Kaplan said on Monday.

Fed's Powell heads to U.S. Congress amid shifting landscape

25 Feb 2019

WASHINGTON, Feb 25 Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Republicans alike.

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