DALLAS A "really strong" U.S. economy is likely to continue growing, but softness in housing and high levels of corporate debt have caught the Federal Reserve's eye, Chairman Jerome Powell said on Wednesday.
WASHINGTON The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs, as it pointed to a healthy economy that was marred only by a dip in the growth of business investment.
WASHINGTON, Nov 8 New applications for U.S. unemployment fell slightly last week and the number of Americans receiving benefits remained at a 45-year low as strong labor
WASHINGTON The U.S. Federal Reserve began its policy meeting on Wednesday facing a shifting political landscape but little in recent economic data to alter plans for an interest rate increase in December and more to come next year.
WASHINGTON President Donald Trump's bet that tax cuts and a gush of government spending would smooth the path to a second term may falter as cracks begin to appear in a decade-old recovery.
WASHINGTON Richard Clarida, U.S. President Donald Trump’s most recent addition to the Federal Reserve Board, made his debut speech on Thursday just days after Trump again slammed the Fed for raising interest rates. His message: rates should continue higher.
WASHINGTON With U.S. stocks well down from their record highs in September and key elections less than two weeks away, President Donald Trump has stepped up his criticism of the Federal Reserve's interest rate increases and of Jerome Powell, the man he picked to lead the central bank.
WASHINGTON, Oct 25 New Federal Reserve vice
chair Richard Clarida on Thursday said he'd support "some
further" increase in interest rates as the best way to nurse the
current U.S. recovery along while guarding against any jump in
NEW YORK/BATON ROUGE, La., Oct 23 A three-week
stock market sell-off may signal concerns that the massive
stimulus from U.S. tax cuts and government spending will fade
sooner than expected, a central issue for the Federal Reserve as
it considers when to halt interest rate hikes.
NEW YORK/BATON ROUGE, La. A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes.