Fed

WASHINGTON | Minutes show Fed officials noted number of rising threats

WASHINGTON (AP) — Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the government shutdown to rising trade tensions, and opted to emphasize that they would be “patient” in raising interest rates. Minutes of the Fed’s discussions in January showed that Fed officials also felt that further … Continue reading WASHINGTON | Minutes show Fed officials noted number of rising threats

Federal Reserve Bank of Dallas News: Texas Businesses Comment on Impact of Tariffs in Dallas Fed Survey

Manufacturing activity continues to expand in September amid rising uncertainty DALLAS, TX—Many Texas businesses are feeling the impact of tariffs, according to the Federal Reserve Bank of Dallas’ latest Texas Business Outlook Surveys. In September, business executives from both manufacturing and service sector firms were asked a series of special questions about the effects of … Continue reading Federal Reserve Bank of Dallas News: Texas Businesses Comment on Impact of Tariffs in Dallas Fed Survey

Fed raises key rate and foresees 2 more hikes this year

WASHINGTON /March 21, 2018 (AP)(STL.News) — The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy’s durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell. The Fed said it expects to increase rates twice more this year. At the … Continue reading Fed raises key rate and foresees 2 more hikes this year

Federal Reserve System announces new payments security strategy leader

December 9, 2017 (STL.News) – The Federal Reserve System yesterday, Friday, December 8th, announced the appointment of its payments security strategy leader, Kenneth Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston. In this role, Montgomery will lead the Federal Reserve’s effort to reduce fraud risk and advance … Continue reading Federal Reserve System announces new payments security strategy leader

Federal Reserve Board requests public comment on proposal to amend Regulation A

WASHINGTON, DC/December 4, 2017 (STL.News) The Federal Reserve Board on Monday requested public comment on a proposal to amend its Regulation A, which governs extensions of credit by Federal Reserve Banks, to make certain technical adjustments including to reflect the expiration of the Term Asset Backed Securities Loan Facility (TALF) program. The proposed amendments would … Continue reading Federal Reserve Board requests public comment on proposal to amend Regulation A

Minutes of the Federal Open Market Committee, October 31-November 1, 2017

WASHINGTON DC/November 23, 2017 (STL.News) The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 31-November 1, 2017. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and … Continue reading Minutes of the Federal Open Market Committee, October 31-November 1, 2017

White House: Trump plans to make choice for Fed next week

WASHINGTON/October 27, 2017 (AP)(STL.News) — President Donald Trump said Friday that he has someone “very specific in mind” to be the next chairman of the Federal Reserve and he will be announcing his choice next week. “It will be a person who hopefully will do a fantastic job,” Trump said in a video address he … Continue reading White House: Trump plans to make choice for Fed next week

Global stock markets advance after Wall Street gains

After Wall Streets gains Global Stocks follow BEIJING/July 10, 2017 (AP)(STL.News) — Most major global stock markets rose Monday following Wall Street’s gains ahead of quarterly earnings and testimony to the U.S. Congress by Federal Reserve chair Janet Yellen. KEEPING SCORE: In early trading, Germany’s DAX gained 0.5 percent to 12,450.92 and London’s FTSE 100 … Continue reading Global stock markets advance after Wall Street gains

World stocks waver on NKorea worries, mixed Fed message

SEOUL, South Korea/July 6, 2017 (AP)(STL.News) — Global share benchmarks wavered Thursday, overshadowed by tensions over North Korea’s intercontinental ballistic missile launch. Investors were parsing the latest minutes from the U.S. Federal Reserve and awaiting a Group of 20 summit that begins Friday. KEEPING SCORE: Germanys DAX was flat at 12,454.19 and the CAC 40 … Continue reading World stocks waver on NKorea worries, mixed Fed message

Fed debating when to unwind $4.5 trillion in bond holdings

WASHINGTON/July 5, 2017 (AP)(STL.News) — The Federal Reserve is figuring out when to start unloading much of its $4.5 trillion in bond holdings — a major turning point for an economy still healing from the 2008 financial crisis. Some Fed officials want to announce the beginning of the process “within a couple of months,” according … Continue reading Fed debating when to unwind $4.5 trillion in bond holdings

Global stocks gain as investors shrug off tech rout, eye Fed

SEOUL, South Korea/June 13, 2017 (AP)(STL.News) — Global stock markets were higher Tuesday as investors brushed off a second straight session of big losses for tech stocks on Wall Street a day before the Federal Reserve is expected to raise interest rates. KEEPING SCORE: European stocks opened higher with Britain’s FTSE 100 up 0.2 percent … Continue reading Global stocks gain as investors shrug off tech rout, eye Fed

Fed raises rate and sees more hikes as US economy improves

WASHINGTON/March 15, 2017 (AP)(STL.News) — The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed’s key short-term rate is rising … Continue reading Fed raises rate and sees more hikes as US economy improves

Yellen signals the Fed will likely raise rates this month

WASHINGTON/March 3, 2017 (AP)(STL.News) — Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank’s 2 percent target. Yellen also said in a speech in Chicago that the Fed expects steady economic improvement … Continue reading Yellen signals the Fed will likely raise rates this month

At a moment of uncertainty, Fed likely to leave rates alone

WASHINGTON/January 31, 2017 (AP)(STL.News) — The Federal Reserve is all but sure to leave interest rates alone when it ends a policy meeting Wednesday at a time of steady gains for the U.S. economy but also heightened uncertainty surrounding the new Trump administration. The Fed will likely signal that it wants further time of monitor … Continue reading At a moment of uncertainty, Fed likely to leave rates alone

The Latest: Stocks ending lower after Fed rate hike

WASHINGTON (AP)(STL.News) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): ___ 4:00 p.m. Stocks are ending lower after the Federal Reserve raised a key interest rate as expected. But it also increased its forecast for how many rate hikes it expected to make in 2017, which wasn’t widely anticipated. The … Continue reading The Latest: Stocks ending lower after Fed rate hike

The Latest: Fed forecasts set to be the market focus

WASHINGTON (AP)(STL.News) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): 7:35 a.m. U.S. shares are set to open flat as traders await the outcome of the Federal Reserve’s final policy meeting of the year. With financial markets pricing in a quarter-point rate hike as a near-certainty, more interest will focus … Continue reading The Latest: Fed forecasts set to be the market focus

Fed expected to raise rates for first time in a year

Rate increase is expected by the Fed WASHINGTON (AP)(STL.News) The Federal Reserve is expected to raise its key interest rate for the first time in a year when its policy meeting ends Wednesday. The move would lift the rate by a quarter point to a range between 0.5 percent and 0.75 percent, likely nudging up … Continue reading Fed expected to raise rates for first time in a year