Tag: Monetary policy
Facebook-backed digital currency project Diem shifts to US
A once-ambitious Facebook-backed digital currency project — formerly known as Libra, now called Diem — is shifting operations from Switzerland to the U.S. and...
Top Fed official says Fed far from achieving its goals
<p>WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
Yellen: Biden’s phased-in spending plan won’t fuel inflation
WASHINGTON — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in...
Yellen: Biden’s phased-in spending plan won’t fuel inflation
<p>WASHINGTON — President Joe Biden’s massive proposed spending on <a href="https://apnews.com/article/joe-biden-technology-coronavirus-pandemic-pittsburgh-jen-psaki-8865ffc8f5ad3142155a5bd3c3a3e6d3">infrastructure</a>, <a href="https://apnews.com/article/biden-preschool-community-college-tax-rate-9e352e3dea44997725edb279751abab3">families and education</a> will not fuel inflation because the plans would be...
Powell’s high-stakes bet: More jobs but only mild inflation
WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.
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Powell’s high-stakes bet: More jobs but only mild inflation
<p>WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.</p>
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Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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Even as economy heats up, Fed to stick with near-zero rates
WASHINGTON — Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up...
This Week: Consumer confidence, Fed meeting, Amazon earns
A look at some of the key business events and economic indicators upcoming this week:
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