Disappointing US job creation in August might persuade the Federal Reserve to hold off on an interest-rate increase this month, experts say. Nonfarm payrolls increased by 151,000, short of economists’ expectation of 180,000. Bloomberg (02 […]
Federal Reserve Chair Janet Yellen’s speech in Jackson Hole, Wyo., hinting at an upcoming rate increase has boosted mortgage rates. The average 30-year fixed-rate mortgage was at 3.46% on Thursday, up from 3.43% the previous […]
Federal Reserve officials meeting with Fed Up, a coalition of community groups, said that if the central bank acts too slowly to raise interest rates, it could cause the economy to overheat and then fall […]
The futures market is indicating a 32% chance that the Federal Reserve will raise interest rates in September, twice the probability signaled two weeks ago. The implied probability of a rate hike rose after more […]
Stocks on the top three US indexes took a dive at the open this morning after word came from the president of the Federal Reserve Bank of San Francisco that an interest-rate increase could be […]
The Federal Reserve is again signaling an interest-rate increase. The policy committee might raise rates at a meeting next month, say William Dudley and Dennis Lockhart, presidents of the New York and Atlanta Fed banks, […]
Any chance the Federal Reserve had of raising rates this year may have been quashed by the Bank of England, which not only cut interest rates on Thursday, but restarted its money-printing program. The decision […]
As widely expected, the US Federal Reserve held rates steady Wednesday, but it also offered an optimistic outlook on the economy with a diminished risk profile. Improvements in the labor market and economy will likely […]
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