Fed Leaves Key Rate Unchanged With Economy 'Rising at Strong Rate’
Federal Reserve officials left the benchmark interest rate unchanged while reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace.
Fed Leaves Interest Rates Unchanged
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.
Wholesale Prices Increase in June on Services Costs
The gain in U.S. wholesale prices reflected higher food and services costs, signaling modest inflation, a Labor Department report showed July 13 in Washington.
July 13, 2017Fed to Trump: Make American Workers More Productive
The Federal Reserve’s advice to President- elect Donald Trump on the U.S. economy, repeated on Nov. 21 by Vice Chair Stanley Fischer, is crystal clear: Use the power of the public purse to make American workers more productive.
Fed Hikes Interest Rates
The Federal Reserve System announced Dec. 16 a quarter-point increase in its benchmark target for interest rates, acting because “the risks to the outlook for both economic activity and the labor market" are balanced.
Yellen Confirmed to Head Federal Reserve
In its first confirmation vote of the New Year, the U.S. Senate approved Janet Yellen to head the Federal Reserve.
Fed to Cut Back Bond-Buying
The Federal Reserve Board of Governors voted Dec. 18 to reduce its bond-buying in the first major step to taper the quantitative easing it has conducted to prop up the U.S. economy during the recession.
December 18, 2013Obama Nominates Yellen as Fed Chairwoman
President Obama nominated Janet Yellen, the Federal Reserve’s vice chairwoman, to be the first female chairwoman of the nation’s central bank, the Associated Press reported.
October 9, 2013Economy, Trucking Began Year at ‘Moderate’ Growth Pace, Fed Says
The U.S. economy started the year “expanding at a modest to moderate pace,” and transportation and trucking activity were mixed as tonnage increased, the Federal Reserve said.
March 7, 2013Fed Holds Interest Rate at Record Low
The Federal Reserve Wednesday said it was holding a key interest rate at a record low as “economic activity paused in recent months.”
January 30, 2013