Safer to be ‘too late’ than ‘too early’: Economists over Fed rate hike
Amid the rising speculations over when the US central bank will be making the possible rate hike this year, a top Federal Reserve official on Friday proposed that it’s safer[…]
Tagged: Federal Reserve Bank
Fed considering rate hikes on ‘meeting-by-meeting’ basis: Yellen
Federal Reserve Chair Janet Yellen on Tuesday told a congressional committee that the US central bank is making all efforts to consider increase in interest rates. Yellen told the congressional[…]
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US economy slows in fourth quarter, consumer spending zooms
The growth momentum of the United States was lost towards the end of 2014 as weak exports underscored the risks that the country’s economic recovery faces from drooping demand from[…]
Federal Reserve to remain ‘patient’ over raising interest rates
The Federal Reserve Bank on Wednesday said that it would adopt a “patient” approach on taking its final decision on raising the interest rates, where they have been stuck since[…]
Fed minutes suggest interest rate hike unlikely before April
The majority of Federal Reserve officials expressed their approval for not raising the interest rates before late April this year as a part of its new policy guidance, according to[…]
Obama nominates banker Allan Landon for Federal Reserve Board
Community banker Allan Landon was on Tuesday nominated for a seat on the board of Federal Reserve. US President Barack Obama picked Landon for the top post in response to[…]