Fed Ends Seven Years of Zero Interest Rates
The long-anticipated rate hike to 0.25% will be followed by a "gradual" tightening of monetary policy, the central bank emphasizes.
House Passes ‘Audit The Fed’ Bill
The White House has threatened a veto of the FORM Act, saying it would compromise the Federal Reserve's independence.
European Central Bank May Expand Stimulus
The bank could step up its $1 trillion bond buying program with inflation still stubbornly below its 2% target.
Fed Officials Boost Rate Hike Expectations
Comments at a conference suggest policymakers are ready for "liftoff" at the Fed's December meeting.
IMF Urges Caution on U.S. Interest Rate Hike
Spare economic capacity and very low inflation justify keeping monetary policy loose in most major advanced economies, IMF staff said.
Fed Official Criticizes Post-Crisis Policies
The St. Louis Fed's vice president says zero interest rates, forward guidance and QE have done little to stimulate the economy.
June Retail Sales Drop Hints at Slowdown
Retail sales fell 0.3% in June, after rising 1% in May, suggesting the U.S. economy could be slowing.
Fitch Sees ‘Modest’ Impact From Gradual Rate Hike
However, interest-rate pressure could 'impair the financial flexibility of buyers as acquisitions become more expensive,' says the ratings agency.
The Fed’s Interest-Rate Projections: Dotty
A chart intended to provide insight actually sows confusion.
China Says No QE Needed
The People's Bank of China said existing policy tools would allow it to "maintain an appropriate level in liquidity."
Fed: It’ll Be Different This Time
Federal officials say they intend to keep money "cheap for a long time to come," meaning interest rate increases will be slow and carefully considered.