The Kansas City Federal Reserve Bank said that manufacturing activity expanded in February at its fastest rate since June 2011. The composite index of general business conditions rose from 9...
From the Kansas City Fed: Tenth District Manufacturing Activity Expanded FurtherThe Federal Reserve Bank of Kansas City released the February Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the...Show More Summary
The Federal Reserve still hasn't made its mind up about President Donald Trump's policies. Based on the central bank's most recent communication — the Fed minutes for the January/February meeting released on Wednesday — the members of...Show More Summary
An example from the Federal Reserve Bank of Philadelphia.
The dollar is climbing. The US dollar index is up by 0.6% at 101.53 as of 8:16 a.m. ET. Federal Reserve Bank of Philadelphia President Patrick Harker said on Friday in an interview with Market News International, "I would not take March off the table at this point. Show More Summary
According to Alan Greenspan, former chair of the Federal Reserve Bank, some big economic problems we face are due to low productivity growth, which led to lower savings rates and less capital for investment, But a bigger problem may be lagging personal income.
Student loans were the leading cause for a substantial increase in household debt last year, the Federal Reserve Bank of New York said Thursday. While the high balance of US student debt is not news anymore, the new record-high $1.31...Show More Summary
Have you needed to use your high school chemistry recently? The St. Louis Federal Reserve Bank, part of the US central bank system, is on the forefront of trying to make economic and personal finance information accessible to the general public, and especially to students.
Americans' debt balances rose "substantially" in the final quarter of 2016, according to the Federal Reserve Bank of New York. Household debt totaled $12.58 trillion as of December 31, 2016, according to the New York Fed's latest quarterly report on credit. Total debt increased by 1.8%, or $226 billion, in Q4. Show More Summary
Submitted by Simon Black via SovereignMan.com, In a scathing editorial published in the Wall Street Journal today, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, blasted US banks, saying that they still lacked...Show More Summary
(February 16, 2017 04:48 PM, by Scott Sumner) Here's Business Insider: Janet Yellen's warning about low rates causing a recession doesn't make sense Federal Reserve Chair Janet Yellen told Congress this week that the US central bank could cause a recession if it waited too long to raise... (0 COMMENTS)
The Q4 report was released today: Household Debt and Credit Report.From the NY Fed: Household Debt Increases Substantially, Approaching Previous Peakhe Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt...Show More Summary
The Federal Reserve Bank of Philadelphia said that manufacturing activity expanded in February at its strongest rate since November 1983. The composite index of general business activity rose from 23.6...
Federal Reserve Chair Janet Yellen told Congress this week the central bank could cause a recession if it waits too long to raise interest rates. Wait, what? Isn't it the other way around? Yes, according to Janet Yellen's testimony just...Show More Summary
Federal Reserve Chair Janet Yellen defended the central bank's independence Wednesday from Republican lawmakers who are pushing for major changes in how the central bank operates and how regulators oversee … Click to Continue »
The Federal Reserve chairwoman’s appearance before the board made made clear the gulf between how conservatives and the central bank view the economy.
The Federal Reserve chief faces Republican criticism of the central bank's action, as Democrats rally to her side
Federal Reserve Chairwoman Janet L. Yellen on Wednesday resisted calls from House Republicans to halt discussions with global financial regulators until President Trump can fill vacancies on the central bank’s Board of Governors. “These are all ongoing discussions in which U.S. regulators participate,”...
Manufacturing in New York state expanded at the fastest pace in more than two years as factories received more new orders and stepped up hiring. The Federal Reserve Bank of New York said Wednesday... To view the full story, click the title link.
Washington - Federal Reserve Chair Janet Yellen set a relatively high hurdle for shrinking the central bank’s balance sheet, leading some analysts to conclude that such a move won’t occur this year. She told the Senate Banking Committee...Show More Summary