federal reserve

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

Federal Reserve Injects $75 Billion in Liquidity

Federal Reserve Federal Reserve building (Bloomberg News)

The Federal Reserve added a third dose of liquidity to a vital corner of the funding markets Sept. 19, helping rates retreat further as investors warn that fresh bouts of stress remain possible in the weeks ahead.

September 19, 2019
Government, Business

Federal Reserve Cuts Rate .25%

Jerome Powell U.S. Federal Reserve Chairman Jerome Powell (Andrew Harrer/Bloomberg News)

Federal Reserve policymakers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that’s holding up well.

Craig Torres | Bloomberg News
September 18, 2019
Government, Business

With Trump Trade War a Threat, Fed Is Set to Cut Rates Again

Jerome Powell Jerome Powell by Manuel Balce Ceneta/AP

WASHINGTON — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump’s trade war with China.

Martin Crutsinger | Associated Press
September 16, 2019
Government, Business

Powell Says Economy in Favorable Place, Faces Significant Risks

Jerome Powell Jerome Powell by Bloomberg News

Federal Reserve Chairman Jerome Powell said the U.S. economy is in a favorable place but faces “significant risks” as growth abroad slows amid trade uncertainty.

August 23, 2019
Government, Business

Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits

The Marriner S. Eccles Federal Reserve building The Marriner S. Eccles Federal Reserve building in Washington by Andrew Harrer/Bloomberg

A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs were hitting their bottom line.

Alister Bull | Bloomberg News
August 16, 2019
Government, Business

Federal Reserve Cuts Interest Rates for First Time Since 2008

The Marriner S. Eccles Federal Reserve building in Washington, D.C. The Marriner S. Eccles Federal Reserve building in Washington. (Andrew Harrer/Bloomberg News)

The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to “ensure against downside risks” rather than signaling the start of a lengthy cycle of monetary policy easing.

July 31, 2019
Government, Business

Growth Slows to 2.1%, Beating Estimates

GDP Taylor Weidman/Bloomberg News

U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports underscored the risks spurring the Federal Reserve toward an interest-rate cut July 31.

Katia Dmitrieva | Bloomberg News
July 26, 2019
Government, Business

Fed Leaves Key Rate Unchanged but Sees Hikes Ahead

Jerome Powell and Randal Quarles Federal Reserve Chair Jerome Powell (left) and Randal Quarles, vice chair for supervision. (Jacquelyn Martin/AP)

WASHINGTON — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December.

Martin Crutsinger | Associated Press
November 8, 2018
Government, Business

US Industrial Production Edged Up 0.1% in July

A truck driver chains down a roll of steel to his flatbed at the NUCOR Steel Gallatin plant in Ghent, Ky. A truck driver chains down a roll of steel to his flatbed at the NUCOR Steel Gallatin plant in Ghent, Ky. (Timothy D. Easley/AP)

WASHINGTON — U.S. industrial production rose modestly last month, held down by drops in mining and utilities.

Paul Wiseman | Associated Press
August 15, 2018

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