Fed Resists Pressure for Interest Rate Cut
The Fed doesn't see "a strong case for moving [rates] in either direction" amid weak inflation and solid economic growth.
Fed Shifts to ‘Patient’ Policy on Rate Hikes
The central bank indicated it will slow the pace of interest rate increases in response to changing economic conditions.
Fed Raises Benchmark Rate from 2.25% to 2.5%
Fed chair Jerome Powell calls the move "appropriate for what is a very healthy economy," but financial markets don't seem to share his confidence.
Consumer Spending Jumps 0.6% in October
U.S. shoppers are benefiting from moderate inflationary pressures, while incomes increased 0.5% last month.
Fed Hikes Rates for Third Time This Year
“My colleagues and I are doing all we can to keep the economy strong, healthy, and moving forward,” Fed Chairman Jerome Powell told reporters.
Fed Chair Defends Policy of Gradual Rate Hikes
The current monetary policy addresses both the risk of a slowdown in economic growth and the risk of the economy overheating, Jerome Powell says.
Fed Stays on Track for Gradual Rate Hikes
The central bank didn't raise rates on Wednesday but reiterated that "further gradual increases" would be consistent with economic conditions.
Will Trump’s Attempt to Manipulate Monetary Policy Backfire?
When politicians start chiming in on monetary policy, they actually can torpedo sensible policy: opinion.
Fed OKs Cap on Big Banks’ Credit Exposure
A final rule is aimed at reducing the threat that the financial difficulties of one large bank will spread to the system as a whole.
Fed Raises Rates, Expects 2 More Hikes in 2018
The decision to increase rates for the second time this year “is another sign that the U.S. economy is in great shape,” the Fed chairman says.
U.S. Industrial Output Rises 0.7% in April
"The outlook for the U.S. manufacturing sector is still bright, in part because rising oil prices will lead to more U.S. production."