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Martin Crutsinger, Associated Press

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Martin’s Recent Stories

Economy Oct 04

WATCH: Powell says Fed’s goal is to keep economy in ‘good place’

In his brief remarks, Jerome Powell gave no hint on whether the Fed will cut interest rates for a third time this year when it meets later this month. Watch a Federal Reserve panel discussion live in our player.

Economy Sep 25

Bulgarian economist to head International Monetary Fund

Kristalina Georgieva succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank.

Economy Aug 29

2nd quarter GDP growth revised down slightly to 2 percent

The new estimate was lower than the government's initial estimate a month ago of 2.1% annual growth.

Economy Aug 27

U.S. consumer confidence dips slightly in August

The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November.

Economy Aug 23

Fed Chair Powell gives no clear hint on interest rates

Speaking to a gathering of central bankers in Jackson Hole, Wyoming, Powell reiterated that the Fed "will act as appropriate" to sustain the expansion.

Economy Aug 21

Notes from Fed’s July meeting show officials widely divided on rate cut

Some argued for a bigger rate cut, while others insisted the Fed should not cut rates at all.

Economy Aug 19

Trump calls on Federal Reserve to cut interest rates

Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time."…

Economy Jul 31

WATCH: Federal Reserve cuts key rate for first time in a decade

The central bank cut its benchmark rate — which affects many loans for households and businesses — by a quarter-point to a range of 2 percent to 2.25 percent.

Economy Jul 31

3 things to watch at the Federal Reserve as it’s poised to cut interest rates

The Fed under Chairman Jerome Powell has signaled a belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut.

Politics Jul 29

U.S. Treasury projects it will borrow $433 billion this quarter

Market borrowing for this budget year is projected to total $1.27 trillion, a 6.5% increase from the 2018 budget year.

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