Federal Reserve System

Headlines

US Economy Continues Moderate Rise, Price Gains Modest

The US economy has continued to expand with only modest price increases, but companies are increasingly complaining of...

Headlines

Small US Businesses Face Financing Challenges

Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private...

Headlines

Yellen Warns Fed’s Independence Under Threat

The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could...

Headlines

US Fed Sees ‘considerable Uncertainty’ Over Trump Fiscal Stimulus…

Policymakers at the Federal Reserve continue to see "considerable uncertainty" about the effects of possible fiscal...

Headlines

Student Debt May Drag On Home Ownership

US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential...

Headlines

US Fed Official Favors 4 Interest Rate Hikes This Year

A US central banker said on Wednesday he favors four increases in the key interest rate this year, one more than...

Top Stories

Bankers Initiate Moves To Cut Interest Rates For Customers

Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the...

International

US Raises Interest Rates 0.25 Percent Amid Growing Confidence

The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by...

Headlines

US Fed Raises Benchmark Interest Rate A Quarter Point

The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving...

International

Asian Stocks Mark Time, Waiting For Clearer View On U.S. Rates

Asian stocks consolidated recent gains on Wednesday before a U. S. central bank policy meeting that could signal how...

Business

Government Must Cut Expenditure To Reduce Interest Rates – Ken Thompson

Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in...

Top Stories

Gov’t Must Cut Expenditure To Reduce Interest Rates

Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in...

Headlines

US Fed Begins Meet With Rate Hike On the Cards

The US Federal Reserve began a two-day meeting on Tuesday, having signalled it is likely to raise the benchmark...

International

At the Fed, Spring Comes Early With Return To New ‘normal’

U. S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the...

Headlines

Sooner Than Expected, US Fed Feels Its Time To Hike

The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a surge...

Headlines

March Rate Hike Could Be Appropriate

Federal Reserve Chair Janet Yellen said Friday another interest rate increase could be "appropriate" later this month...

International

Global Stocks Off Highs, Dollar Edges Lower As Fed Rate Rise Looms

The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as...

International

U.S. Jobless Claims Near 44-Year Low; Rate Hike Expected This Month

The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further...

Headlines

US Jobless Claims Hit 44-Year Low At End of February

The tight US labor market produced another record low for new claims for unemployment insurance last week, which hit...