Christopher Condon

Government, Business

Fed Cuts Rates by Quarter Point, Hints It May Be Done for Now

Federal Reserve building The Federal Reserve building in Washington by Andrew Harrer/Bloomberg News)

Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and hinted they may be done loosening monetary policy, at least for one meeting.

Christopher Condon | Bloomberg News
October 30, 2019
Government, Business

Fed Says Most Businesses Optimistic, Consumer Spending ‘Mixed’

Trucks in line to unload at Port of Oakland Trucks hauling shipping containers wait to unload at the Port of Oakland in Oakland, Calif., on July 22, 2019. (AP Photo/Ben Margot)

The U.S. economy grew at a modest pace through much of July and August, with companies remaining upbeat despite disruption caused by international trade disputes, a Federal Reserve survey found.

Christopher Condon | Bloomberg News
September 4, 2019
Government, Business

Fed Leaves Interest Rates Unchanged

Federal Reserve building in Washington, D.C. Andrew Harrer/Bloomberg News

Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.

Christopher Condon | Bloomberg News
May 2, 2018
Government, Business, Logistics

Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook

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New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

Christopher Condon | Bloomberg News
April 18, 2018

Factory Output Rebounds in February and Exceeds Estimates

Luke Sharrett/Bloomberg News;

U.S. factory production bounced back in February, far exceeding analyst estimates and showing a key part of the economy is on track for steady growth this quarter, Federal Reserve data showed March 16.

Christopher Condon | Bloomberg News
March 16, 2018
Government, Business

US Economic Growth ‘Slight to Moderate’ in Recent Weeks

Port Los-Angeles Trucks Patrick T. Fallon/Bloomberg News

Economic growth in recent weeks ranged from “slight to moderate” across the U.S. central bank’s regional districts as wages and inflation remained generally subdued, a Federal Reserve survey showed.

Christopher Condon | Bloomberg News
July 12, 2017
Government, Business

Fed Says US Growth Continues Modestly as Job Market Tightens

Ben Simo/Flickr

The U.S. economy continued to expand modestly from late November through the end of 2016 as a tightening labor market helped lift wages and prices more broadly, a Federal Reserve survey showed.

Christopher Condon | Bloomberg News
January 18, 2017