All posts tagged "Fed"
Business Economists Expect Slower Sales, Economic Growth
WASHINGTON – Business economists are more pessimistic about their firms’ future sales and profits than they were last fall, and more predict slower economic growth, a survey found. At the same time, a majority of economists surveyed...
- Posted January 25, 2016
Weak Growth and Shaky Markets put Pressure on Central Banks
WASHINGTON – The world’s central banks are under pressure to do something about slumping economies and panicky stock markets. The question is, can – or will – they do much that would help? The head of the...
- Posted January 22, 2016
INSIDER Q&A: Allianz Strategist Hooper on Market Turmoil
WASHINGTON – Last year was the stock market’s first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start...
- Posted January 18, 2016
Transcripts of 2010 Fed Meeting Show Concerns About Leaks
WASHINGTON – Transcripts released Friday show that in the fall of 2010, officials of the Federal Reserve were worried not just about a sluggish economy but also about in-fighting at the Fed and possible leaks of sensitive...
- Posted January 15, 2016
No Great Places to Shelter from this Market Turmoil
NEW YORK – Stock prices are crumbling around the world, but the usual place for investors to go for safety, bonds, can’t provide as much cover as usual. Bonds are still doing their job this year as...
- Posted January 14, 2016
Fed says Economy Expanded Somewhat in 9 of 12 Districts
WASHINGTON – The Federal Reserve says the economy expanded across most of the United States in December and early January. The Fed says in its latest snapshot of the economy that most of its 12 regional bank...
- Posted January 13, 2016
US Consumer Borrowing Increases $14 Billion in November
WASHINGTON – U.S. consumers boosted their borrowing in November, as higher credit card spending partially offset slower growth in auto and student loans. Consumer borrowing rose $14 billion in November to a fresh record high of $3.53...
- Posted January 8, 2016
Swiss Central Bank Loses Billions from Currency Move
GENEVA – The Swiss National Bank says it expects to post a massive loss of 23 billion Swiss francs ($23 billion) for 2015, largely because of its decision a year ago to ditch a policy that limited...
- Posted January 8, 2016
Fed Minutes: Some Saw December Rate Hike as ‘Close Call’
WASHINGTON – Despite the Federal Reserve’s unanimous vote to raise a key interest rate last month, some policymakers viewed their decision as a “close call” because of stubbornly low inflation. Going forward, officials believed economic conditions would...
- Posted January 6, 2016
US Stocks are Ending 2015 Mostly Flat, Capping Volatile Year
The stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Despite veering between record highs and the steepest dive in four years, the stock market is...
- Posted December 29, 2015