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Trevor Hunnicutt

As Fed seeks policy advice, officials visit a struggling New Jersey city

19 May 2019

CAMDEN, N.J./PHILADELPHIA Two top Federal Reserve officials went to Camden, New Jersey, on Friday, taking a different reading of the pulse of the U.S. economy by visiting what is by one measure the country's lowest-income city, as the central bank seeks advice on how to do a better job.

RPT-UPDATE 1-As Fed seeks policy advice, officials visit a struggling New Jersey city

19 May 2019

CAMDEN, N.J./PHILADELPHIA, May 17 Two top Federal Reserve officials went to Camden, New Jersey, on Friday, taking a different reading of the pulse of the U.S. economy by visiting what is by one measure the country's lowest-income city, as the central bank seeks advice on how to do a better job.

Fed's Barkin sees no strong case for a rate hike or cut

15 May 2019

NEW YORK - Strong U.S. economic growth and subdued inflation mean there is no strong argument for a rate hike or cut right now, though business confidence is fragile, a Federal Reserve policymaker said on Wednesday.

New U.S. mortgage and auto loan balances fall in 1st quarter

14 May 2019

NEW YORK, May 14 Lenders extended less new credit for people to buy homes and cars in the first three months of the year, according to data that raises questions about how much U.S. consumers can contribute to economic growth this year.

Fed can lower rates if U.S.-China trade spat causes slowdown: Rosengren

13 May 2019

BOSTON The Federal Reserve has the tools it needs, including lowering interest rates, to respond to any slowdown resulting from the U.S.-China trade spat, a top Fed policymaker told Reuters on Monday, adding that he is not necessarily expecting such a need now.

Fed can lower rates if U.S.-China trade spat causes slowdown - Rosengren

13 May 2019

BOSTON The Federal Reserve has the tools it needs, including lowering interest rates, to respond to any slowdown resulting from the U.S.-China trade spat, a top Fed policymaker told Reuters on Monday, adding that he is not necessarily expecting such a need now.

UPDATE 1-Fed can lower rates if U.S.-China trade spat causes slowdown -Rosengren

13 May 2019

BOSTON, May 13 The Federal Reserve has the tools it needs, including lowering interest rates, to respond to any slowdown resulting from the U.S.-China trade spat, a top Fed policymaker told Reuters on Monday, adding that he is not necessarily expecting such a need now.

Fed's Williams says U.S. economy strong despite trade tensions

10 May 2019

NEW YORK The U.S. economy is strong despite trade tensions, and data showing tame inflation pressure are no sign that policymakers are falling short of their goals, a top Federal Reserve policymaker said on Friday.

RPT-Sticker shock from Trump's new trade tariffs months away

10 May 2019

May 9 It may take three or four months for American shoppers to feel the pinch from President Donald Trump's latest round of tariff increases, but retailers will have little choice but to raise prices on a wide range of goods to cover the rising cost of imports before too long, according to economists and industry consultants.

Sticker shock from Trump's new trade tariffs months away

10 May 2019

It may take three or four months for American shoppers to feel the pinch from President Donald Trump's latest round of tariff increases, but retailers will have little choice but to raise prices on a wide range of goods to cover the rising cost of imports before too long, according to economists and industry consultants.

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