federal reserve

Government

Philadelphia Manufacturing Activity Contracts

Manufacturing activity in the Philadelphia region contracted this month, the Federal Reserve Bank of Philadelphia said Thursday.

January 17, 2013
Government

Fed Upgrades Economic Growth Outlook

Federal Reserve officials boosted their projections for 2013-2014 economic growth and said they would begin a third round of asset purchases to spur the U.S. economy, Bloomberg reported.

September 14, 2012
Government

Economy, Trucking Show Gradual Growth, Fed ‘Beige Book’ Report Says

Larry Smith/Trans Pixs

The U.S. economy continued to expand gradually in July and August, while trucking and logistics services saw steady to moderate growth, the Federal Reserve said in its latest “beige book” report on U.S. economic conditions.

August 30, 2012
Government

Fed Expanding Bond-Buy Program

The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the economy’s expansion, Bloomberg reported.

June 21, 2012
Government

Fed Holds Rate at Record Low, Sees ‘Moderate’ Economic Growth

The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.”

April 25, 2012
Government

Fed to Keep Low Rates Through 2014

The Federal Reserve said Wednesday it was not likely to raise the record low key interest rate until at least 2014.

January 26, 2012
Government

Fed Trims Economic Outlook; Holds Key Interest Rate at Record Low

The Federal Reserve Wednesday trimmed its economic outlook, while holding a key interest rate at the record low rate it’s been at since December 2008.

November 2, 2011
Government

Economy Shows Mixed Activity, Fed Says

Economic activity improved slightly in September into early October, with modest gains in manufacturing and transportation activity, the Federal Reserve said Wednesday.

October 19, 2011
Government

Fed Holds Key Interest Rate at Record Low

The Federal Reserve Wednesday maintained a pledge it made last month to hold the benchmark interest rate near zero through the middle of 2013 as long as unemployment stays high and the inflation outlook is “subdued,” Bloomberg reported.

September 21, 2011
Government

Economy Shows Mixed Activity, Fed Says

The U.S. economy’s growth slowed in some regions of the country in July and August on tighter consumer spending and factory production, the Federal Reserve said Wednesday.

September 7, 2011

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