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Fed officials see soft economy; point to rate holdSALT LAKE CITY, Utah (Reuters) - Senior Federal Reserve officials on Thursday said the U.S. economy seems on the verge of another slowdown while the most severe inflation threats may have passed, hinting that the central bank could keep interest rates at current levels for some time. ... |
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Fed's Fisher says not certain inflation will easeHOUSTON (Reuters) - U.S. economic growth is softening amid still fragile financial markets, but it is not clear that this will curb inflation as hoped, a top Federal Reserve official said on Thursday. ... |
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Why the Fed cuts haven't workedIt's been almost a year since the Federal Reserve issued the first of what turned out to be seven rate cuts to deal with the credit crisis. ... |
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Fed: Next President To Face Woes Plaguing EconomyThe Federal Reserve's new snapshot of business conditions, released Wednesday, underscored the toll the housing, credit and financial debacles are having on the economy and the challenges likely to be faced by the next president. Problems are expected to persist into next year. ... |
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Stocks mixed on economic woesStocks were mixed Wednesday, as falling oil prices and a weak economic reading from the Federal Reserve exacerbated fears about a global slowdown, while General Motors' smaller-than-expected sales decline lifted the Dow industrials. ... |
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Beige Book: Economy, Spending SlowThe Fed said economic conditions remain "slow" as consumers pull back and focus on essentials, though exports continue to provide some boost to the economy. (Full report) ... |
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