Richard Fisher said Tuesday the Fed should heed the call of central bankers around the world and get on with hiking interest rates.» Read More
Rates are still likely to rise this year but that could change if the global economy pushes the U.S. economy off course, the Fed vice chairman said.
Only twice before, in 2010 and 2011, have there been no increases.
Market action in August has raised some questions about a slowing global economy for the second-half of the year, William Dudley said Friday.
A U.S. rate hike is still probably coming in October or December despite some conflicting economic signals, Dennis Lockhart said.
Cheaper oil and less demand for autos and machinery weighed on wholesalers in August, as their inventories edged up just slightly while sales dropped.
Intermarine is propelling growth for not only the country, but also Houston’s position as the energy capital of the world
U.S. import prices barely declined in September, with oil prices rebounding and the drag on prices from a weak global economy appearing to moderate.
The Tax Policy Center now estimates that 40 percent of tax units won't pay tax in 2025, higher than its previous projection of about one-third.
The Federal Reserve should have hiked in March and "has kept rates too low too long," Morgan Stanley CEO James Gorman said.
The Fed should communicate its views well enough that markets will not be taken by surprise by a rate hike, a top U.S. central banker said.
Interest rate fluctuations and anxiety over new mortgage rules had borrowers rushing to their lenders.
U.S. exports took a hit from an ailing global economy in August, fueling the largest expansion of America's trade deficit in five months.
The pace of growth in the U.S. services sector decelerated in September as new orders and business activity slowed, according to an industry report.
Eric Rosengren still expects the Fed to raise rates this year despite what the head of the Boston Fed called a "weak" September jobs report.
The former Federal Reserve chief also said there's been too much reliance on the Fed, and other policymakers in the government need to step up.
Stocks sank and investors ran to the safety of Treasurys after a disappointing jobs report pushed off expectations for a Fed rate hike into 2016.
The U.S. economy created 142,000 jobs in September, a number that missed expectations and could cool expectations that the Federal Reserve will start raising interest rates soon.
The Labor Department said Friday that the unemployment rate remained at 5.1 percent in September, but that's not the only number to look at.
Fed funds futures plunged after the weak jobs report, with the market now pricing the first better-than-average chance of a rate hike in March 2016.
The U.S. economy is slowing down and the latest jobs report confirms it, UBS' Art Cashin said Friday.