US consumer prices were flat in February, restrained by lower fuel prices, the government said Thursday. The consumer price index, a measure of the average change in prices of goods and services purchased by households, was unchanged from 0.2 percent in January, ...
The Federal Reserve has maintained record low interest rates but offered a modest upgrade to its view of the US economy still dogged by high unemployment and tight credit. After a one-day meeting Tuesday, the central bank's policy body voted 9-1 to ...
The Federal Open Market Committee (FOMC) just released its statement regarding the federal funds rate. The critical phrase remained in the statement, reassuring the market that rates are not about to rise. It is generally assumed that the FOMC will remove the term " exceptionally low levels ...
NEW YORK (Reuters) - The end of the Federal Reserve's program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager said on Tuesday. ...
The Federal Reserve on Tuesday maintained record low interest rates in the hope of stimulating a still fragile US economic recovery, dogged by high unemployment and tight credit. After a one-day meeting, the Federal Open Market Committee (FOMC) voted 9-1 to keep ...
The Federal Reserve on Tuesday maintained its near zero benchmark interest rate, saying it expects to hold the "exceptionally low" rate "for an extended period." After a one-day meeting, the Federal Open Market Committee (FOMC) voted 9-1 to keep the federal funds ...
US Federal Reserve policy makers held a meeting Tuesday widely expected to keep interest rates at record lows as financial markets looked for signals of future monetary policy tightening. Central bank chief Ben Bernanke chaired the one-day session of the Federal Open ...
The US Federal Reserve was widely expected to keep its key lending rate at virtually zero percent Tuesday as financial markets look for signals of future monetary policy tightening. Central bank chief Ben Bernanke chairs the one-day session of the Federal Open ...
The euro fell against the yen and dollar in Asia Monday as weaker regional shares prompted investors to sell the risk-sensitive currency to take profits on its recent rise, analysts said. The euro was changing hands at 1.3740 dollars in Tokyo afternoon ...
The US Federal Reserve's policy makers are expected to maintain benchmark interest rates at virtually zero percent at their meeting this week amid intense debate on how soon the central bank should tighten monetary policy. More than a year after the central ...
