Fed


Fed Chair Signals Gradual Rate Hikes

Federal Reserve Chairman Jerome Powell said that the Fed will likely keep raising short-term interest rates at a gradual pace, partly because there are few signs, so far, that the…

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Stocks Rise After Fed Leaves Rates Unchanged

U.S. stocks edged higher on Wednesday after the Federal Reserve released its policy announcement, leaving interest rates unchanged. In its announcement, the U.S. central bank expressed a confident economic outlook,…

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Williams Picked as Next President of New York Fed

John Williams, currently head of the Federal Reserve’s regional bank in San Francisco, has been selected to be the next president of the Fed’s New York regional bank, considered the…

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Fed Raises Key Rate and Foresees 2 More Hikes This Year

The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy’s durability, but plans to continue a gradual approach to rate hikes for 2018 under…

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Fed Minutes Show Confidence Improving on Growth, Price Outlook

Federal Reserve officials grew more positive on the economic outlook, citing “substantial underlying economic momentum,” and were increasingly optimistic about achieving their inflation target, according to minutes of last month’s…

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Fed Projects $80.2B Payment to Treasury for 2017

The Federal Reserve said Wednesday that the payments it will make to the federal government based on its 2017 operations will drop to $80.2 billion, down 12.3 percent from 2016.…

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