Tag: Central bank interest rates
Fed officials in April cautioned about inflation pressures
WASHINGTON — Federal Reserve officials at their April meeting reaffirmed the view that the central bank's ultra-low interest rate remained the best policy approach,...
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
Yellen: Biden’s phased-in spending plan won’t fuel inflation
WASHINGTON — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in...
Powell’s high-stakes bet: More jobs but only mild inflation
WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.
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This Week: Consumer confidence, Fed meeting, Amazon earns
A look at some of the key business events and economic indicators upcoming this week:
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Even as economy heats up, Fed to stick with near-zero rates
WASHINGTON — Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Turkish lira plummets after Erdogan fires central bank chief
ANKARA, Turkey — The Turkish currency plummeted against the U.S. dollar on Monday after President Recep Tayyip Erdogan fired the central bank governor over...
Turkey’s president fires central bank governor by decree
ISTANBUL — Turkey’s president has fired the central bank governor, who in his four months in office had won the praise of investors for...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
