Mar 21 Who benefits from the Fed's decision not to raise interest rates By Stan Choe, Associated Press Borrowers, homeowners and investors could all benefit from the Federal Reserve's decision to keep interest rates steady for the foreseeable future. Continue reading
Mar 20 WATCH: Federal Reserve foresees no interest rate hikes in 2019 The Fed is all but sure to keep its key short-term rate — which can influence mortgages and credit cards — below 2.5 percent. Continue reading
Feb 22 Federal Reserve says it will be 'patient' on interest rate hikes By Martin Crutsinger, Associated Press The Fed's semi-annual report to Congress on monetary policy cites a range of risks to the economy that have developed over the last six months, as well as continued muted inflation as reasons to slow further hikes. Continue reading
Feb 05 Trump, Federal Reserve Chair Powell meet over dinner By Martin Crutsinger, Associated Press The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017. Continue reading
Jan 04 What will happen to the economy in 2019? Watch these 7 factors By Gretchen Frazee, Maea Lenei Buhre The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year. Continue reading
Dec 20 Fed Chair Powell embraces the uncertainty of future interest rate hikes By Josh Boak, Associated Press As the Federal Reserve edges closer to ending its rate hikes altogether, its decision-making has become trickier. Continue reading
Dec 19 Watch 6:35 Markets drop as Fed signals it's not done raising interest rates yet In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's… Continue watching
Nov 28 Stocks make biggest gain in months as Powell hints at slower interest rate hikes By Marley Jay, Associated Press In a speech to the Economic Club of New York, Powell said that rates are close to "neutral," the level at which they neither hold back growth nor aid it. That relieved investors who feel the nine-year-old bull market could… Continue reading
Nov 21 Home sales break 6-month losing streak, rising 1.4 percent By Paul Wiseman, Associated Press Despite the recent uptick, home sales are still down from a year ago, hurt by rising interest rates. Continue reading
Oct 16 Escalating attack, Trump calls the Federal Reserve his 'biggest threat' By Martin Crutsinger, Associated Press President Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence but said, "I'm not happy with what he's doing because it's going too fast" in raising rates at a time when inflation has remained… Continue reading