All posts tagged "Federal Reserve"

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  President of Richmond Fed Bank retiring in October

  Jeffrey Lacker will step down after 28 years at the bank

  • Posted January 10, 2017
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  Fed’s Powell sees only isolated signs of financial excess

  However, he warned that the central bank must remain vigilant

  • Posted January 7, 2017
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  Fed minutes: If economy heats up, rate hikes may accelerate

  Analysts cited the increased uncertainty as the key take-away from the minutes

  • Posted January 4, 2017
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  Yellen signals caution about Trump’s economics stimulus plan

  WASHINGTON — President-elect Donald Trump has pledged deep tax cuts and increased infrastructure spending to restore lost jobs, accelerate the economy and bring prosperity to more Americans. Janet Yellen has her doubts. After a presidential campaign full...

  • Posted December 15, 2016
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  Stocks dip, dollar and bond yields rise after Fed rate hike

  NEW YORK – Stocks fell Wednesday after the Federal Reserve raised interest rates on the back of a strengthening job market and surprised investors by increasing its forecast for rate hikes next year. The dollar and bond...

  • Posted December 14, 2016
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  Some advice for borrowers and investors: Take a deep breath

  WASHINGTON — If you’re about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead. The Federal Reserve’s decision Wednesday to slightly raise its key interest rate, advisers...

  • Posted December 14, 2016
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  Fed expected to raise rates for first time in a year

  WASHINGTON — The Federal Reserve is expected to raise its key interest rate for the first time in a year when its policy meeting ends Wednesday. The move would lift the rate by a quarter point to...

  • Posted December 14, 2016
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  Get used to it: Economists see “new normal” of slow growth

  Americans should get used to a “new normal” of slow economic growth, business economists say. The median estimate from economists surveyed by the National Association for Business Economics calls for the American economy to grow 2.2 percent...

  • Posted December 5, 2016
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  US Consumers Should Feel Muted Impact From Rising Oil Price

  DALLAS — OPEC’s decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual. The cartel agreed Wednesday to cut...

  • Posted December 1, 2016
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  Fed rate hike predictions support dollar but weigh on stocks

  LONDON – European stock markets drifted lower Friday as investors hunkered down for a likely U.S. rate hike next month after a signal from Fed chief Janet Yellen. Volkswagen shares were little changed after the company announced...

  • Posted November 18, 2016