As the global recovery has taken firmer hold, gradual US interest rate increases are unlikely to roil world markets or cause undue problems for policymakers, a top Federal Reserve official said...
The US economy has continued to expand with only modest price increases, but companies are increasingly complaining of trouble finding workers, including for low-skill jobs, the Federal Reserve said...
Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private financing they sought, according to a Federal Reserve survey released Tuesday. The...
The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could erode progress in the economy, Federal Reserve chief Janet Yellen warned Monday....
Policymakers at the Federal Reserve continue to see "considerable uncertainty" about the effects of possible fiscal stimulus from the Trump administration, according to meeting minutes released...
US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential drag on consumer spending, a senior Federal Reserve policymaker said Monday. The...
A US central banker said on Wednesday he favors four increases in the key interest rate this year, one more than projected by the majority of Federal Reserve policymakers. Boston Federal Reserve Bank...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to...
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target. But in announcing the first...
Asian stocks consolidated recent gains on Wednesday before a U. S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an...
Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in the high-interest rates, the Chief Executive Officer of Dalex Finance, Ken...
Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in the high-interest rates, the Chief Executive Officer of Dalex Finance, Ken...
The US Federal Reserve began a two-day meeting on Tuesday, having signalled it is likely to raise the benchmark interest rate as the world's largest economy gains steam. Any increase in the key...
U. S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the Federal Reserve's 2.0 percent goal, and the world economy including the once-sick...
The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a surge of market optimism since President Donald Trump took office. Central bankers on...
Federal Reserve Chair Janet Yellen said Friday another interest rate increase could be "appropriate" later this month if US employment and inflation remain in line with expectations. Yellen also...
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve...
The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further tightening of the labor market even as economic growth appears to have remained...
The tight US labor market produced another record low for new claims for unemployment insurance last week, which hit the lowest level in almost 44 years, the Labor Department reported Thursday. The...