federal reserve system
Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire
AMERICA - Published date: .
Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more
As States Reopen, It's A Race Against The Clock For Small Businesses To Pay Bills And Stay Solvent
AMERICA - Published date: .
As states reopen, the focus has turned to whether smaller companies can find enough business to survive, preventing a wa... Read more
Powell Says The Federal Reserve Is Not Considering Negative Interest Rates
AMERICA - Published date: .
"I know there are fans of the policy, but for now it's not something that we're considering," the central bank chief sai... Read more
Fed's James Bullard Says The Jobs Report On Friday Will Be One Of The Worst Ever
AMERICA - Published date: .
Bullard's comments came minutes before ADP reported that private payrolls shed more than 20 million jobs in April amid c... Read more
Fed Pledges To Keep Rates Near Zero Until Full Employment, Inflation Come Back
AMERICA - Published date: .
The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggr... Read more
Federal Reserve Seeks Banks' Advice As It Gets Into Direct Lending With Coronavirus Relief
AMERICA - Published date: .
The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead... Read more
Fed Beige Book Says Economy Contracted 'sharply And Abruptly' Due To Coronavirus
AMERICA - Published date: .
Economic activity has fallen sharply due to measures taken during the coronavirus scare, with leisure and hospitality as... Read more
Fed's Neel Kashkari Says Coronavirus Economic Recovery 'could Be A Long, Hard Road'
AMERICA - Published date: .
Kashkari's comments came days after the Labor Department reported that another 6.6 million Americans filed first-time un... Read more
Fed Will Keep Rates Near Zero Until Economy Has 'weathered' Coronavirus Impact, Minutes Show
AMERICA - Published date: .
Not only did members believe it was important to use all their rate power now, but also that they intend to keep rates a... Read more
Fed's Eric Rosengren Says The Central Bank 'acted Quickly' But Congress Will Need To Do More
AMERICA - Published date: .
The Boston Fed president still expects big hits from coronavirus on the economy, particularly employment. Read more
Coronavirus Stimulus Just Pushed Fed's Balance Sheet Past $5 Trillion For The First Time Ever
AMERICA - Published date: .
Though its efforts to keep markets running and boost the economy are just getting into gear, the Federal Reserve's asset... Read more
Bernanke Says Fed Chief Powell 'got Ahead Of This,' And 'going Big' Was Right Thing To Do
AMERICA - Published date: .
Bernanke told CNBC the Federal Reserve acted with appropriate force. Read more
Former Fed Chairman Ben Bernanke Sees 'very Sharp' Recession, Followed By 'fairly Quick' Rebound
AMERICA - Published date: .
Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, Read more
Financing Programs For Businesses Hit By The Coronavirus Could Amount To $4 Trillion, Mnuchin Says
AMERICA - Published date: .
Part of a bipartisan stimulus effort will include joint efforts between the Treasury and Federal Reserve to get liquidit... Read more
A Fed Rate Cut In 2020 Is Now On The Table As Coronavirus Spreads, Economist Says
AMERICA - Published date: .
The spread of the coronavirus could lead global central banks including the Federal Reserve to leverage their policies t... Read more
The Fed Is Expected To Hold Rates Steady And Vow To Keep Short-term Lending Markets Stable
AMERICA - Published date: .
The Fed is likely to indicate Wednesday afternoon it's not in a hurry to do anything to change its neutral stand on inte... Read more
The Fed Is Expected To Hold Rates Steady And Vow To Keep Short-term Lending Markets Stable
AMERICA - Published date: .
The Fed is likely to indicate Wednesday afternoon it's not in a hurry to do anything to change its neutral stand on inte... Read more
The Fed Will Stay In Hibernation Until At Least Summer: CNBC Survey
AMERICA - Published date: .
Less than half of respondents to the CNBC Fed Survey forecast a rate cut next year and just 5% expect a hike. Read more
The Fed Will Stay In Hibernation Until At Least Summer: CNBC Survey
AMERICA - Published date: .
Less than half of respondents to the CNBC Fed Survey forecast a rate cut next year and just 5% expect a hike. Read more
Biden Says Trump's Pressure On The Federal Reserve Is An Abuse Of Power
AMERICA - Published date: .
"It's his way of abusing power across the board. It's a big mistake," Biden says of Trump's attacks on the Fed. Read more