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The Fed Janet Yellen

  • On Friday morning, Trump for a second day criticized the Federal Reserve, breaking with a long-standing tradition at the White House of avoiding any influence, real or perceived, on the independence of the U.S. central bank. In a tweet, he said: " China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is...

  • President Donald Trump on Thursday criticized Federal Reserve policy even though most economists believe the highest inflation in seven years and lowest unemployment in 40 years justify recent interest rate rises and a strong U.S. dollar. Trump said he was concerned about the potential impact on the U.S. economy and American corporate competitiveness...

  • President Donald Trump on Thursday told CNBC that he was unhappy about the Federal Reserve's decision to hike interest rates, saying he was concerned about their potential impact on the U.S. economy and American competitiveness. "Im not thrilled," he said in an interview on the television network. Trump added that he was concerned that the Fed's rate hikes may put...

  • WASHINGTON— Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that strong economic growth will keep the central bank on a path to gradually raise interest rates. Delivering his twice-a-year report on monetary policy to Congress, Powell gave an upbeat assessment of the economy's prospects. "Our policies reflect the strong performance of the...

  • NEW YORK, July 13- An escalation of U.S. trade tariffs would harm the economy's prospects, according to a Federal Reserve official who is making it his business to raise the alarm with lawmakers and government officials. U.S. trade disputes are also escalating with Europe, Canada and Mexico that could slow business investment at home. Kaplan, whose district...

  • NEW YORK, July 13- An escalation of U.S. trade tariffs would harm the economy's prospects, according to a Federal Reserve official who is making it his business to raise the alarm with lawmakers and government officials. U.S. trade disputes are also escalating with Europe, Canada and Mexico that could slow business investment at home. Kaplan, whose district...

  • WASHINGTON— The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. The Fed's projection on rate hikes came with release of the central bank's semi-annual monetary report to Congress. Fed Chairman Jerome Powell is scheduled to testify on the report...

  • WASHINGTON— Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. In an interview for American Public Media's "Marketplace" radio program, Powell gave...

  • SAN FRANCISCO/ NEW YORK, July 6- Federal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and community advocates. The Trump administration and Congress have cut taxes and raised spending in an effort to...

  • SAN FRANCISCO/ NEW YORK, July 6- Federal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and community advocates. The Trump administration and Congress have cut taxes and raised spending in an effort to...

  • LONDON, July 5- The world economy was in an unusual position last year, posting "synchronized" growth for the first time since the 2007-09 crisis. The Chinese yuan's slide is ringing alarm bells, India's rupee is at a record low, Indonesia's rupiah is close to 20- year lows, and Chinese and Brazilian equities are in bear markets. The synchronized growth of last year has...

  • LONDON, July 5- The world economy was in an unusual position last year, posting "synchronized" growth for the first time since the 2007-09 crisis. The Chinese yuan's slide is ringing alarm bells, India's rupee is at a record low, Indonesia's rupiah is close to 20- year lows, and Chinese and Brazilian equities are in bear markets. The synchronized growth of last year has...

  • St. Louis, June 28- Tight U.S. labor markets could bring unemployment rates for blacks and Hispanics more in line with that of whites, another reason for the Federal Reserve to stop raising interest rates, St. Louis Fed president James Bullard said on Thursday. Fed Chairman Jerome Powell at his quarterly press conference earlier this month endorsed that view of the...

  • NEW YORK, June 13- The Federal Reserve is guiding a U.S. economy that is as close to ideal as it could have dreamed a decade ago, when the darkest days of the recession forced it to take big risks to protect workers, banks and economies around the world from further devastation. After nine years of steady if uneven recovery, the United States is now growing at a pace...

  • Jerome Powell, chairman of the U.S. Federal Reserve.

    Markets know the Federal Reserve will deliver more rate hikes this year. They're not prepared for how much it will hurt, argues Peter Boockvar, chief investment officer of Bleakley Advisory Group.

  • There's a growing consensus that keeping the overall U.S. economy on track will not be enough to help areas left behind by a decade-long recovery.

  • NEW YORK, April 24- Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Gundlach, who oversees more than $119 billion in assets and spoke at a New York event for DoubleLine clients, said the core Consumer Price Index and the New York Federal Reserve Underlying Inflation Gauge suggest U.S. inflation will go higher, which can...

  • BOSTON, April 13- The Federal Reserve will probably need to raise interest rates at least three more times this year in the face of a robust U.S. economy, even while possible trade disruptions pose risks, a top Fed policymaker said on Friday. Boston Fed President Eric Rosengren, in a speech at the Greater Boston Chamber Economic Outlook Breakfast, painted an...

  • Federal Reserve is worried about trade tensions with China, but newly released details on policymakers' views suggest those concerns have not translated into concerns about the overall economy. Trade tensions between the United States and China were heating up in the weeks prior to the Fed's March policy meeting, and have grown more acute since then.

  • Ron Paul

    The former congressman and presidential candidate also warns of a looming debt crisis.