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By Martin Crutsinger, Associated Press
WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring…
By Simone Pathe
At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,…
By John Komlos
For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But…
Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate…
Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former…
By PBS NewsHour
In our news wrap Tuesday, the Justice Department announced that they found insufficient evidence to charge George Zimmerman for the death of Trayvon Martin in a civil rights case. Also, Secretary of Veterans Affairs Robert McDonald apologized for falsely claiming…
It will be another five months before the federal reserve considers raising short-term interest rates.
The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,…
The Federal Reserve turned financial commentators into would-be linguists Wednesday. The Open Market Committee did not raise interest rates, but it did alter the language used to describe its willingness to wait to raise rates.
By Terry Burnham
The Federal Reserve ended its bond buying program, known as quantitative easing, at its latest policy meeting in October. But economist Terry Burnham isn't buying that. He sees a form of "stealth QE" continuing where the Fed buys even more…
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