Getty Images By Cameron Huddleston One in 5 Americans spent more than what they earned in the last 12 months, according to a Federal Reserve Board survey released in May. Some might be relying on credit or dipping into savings to cover their spending because they are having trouble making ends meet. Show More Summary
It's all about economic data. As the Federal Reserve prepares the world for tighter monetary policy via interest-rate hikes, it continues to reiterate that tightening will depend on the incoming economic data, not some fixed schedule. Show More Summary
I have a dream. Well, I had a dream, but maybe it's never coming true, so I'll revel in my real dream.
It's asking a federal judge to overrule denials handed down by the Federal Reserve and National Credit Union Administration
By Cameron Huddleston, Columnist One in five Americans spent more than what they earned in the last 12 months, according to a Federal Reserve Board survey released in May. Some might be relying on credit or dipping into savings to cover their spending because they are having trouble making ends meet. Show More Summary
The credit union was set up last year to serve Colorado's marijuana industry, but it needed permission from federal insurers and regulators before opening for business. The Federal Reserve rejected Fourth Corner's application earlier this month... Show More Summary
The Fourth Corner Credit Union claims it is being prevented from providing financial services to the marijuana industry.
"The Fourth Corner Credit Union in Denver applied in November to the Federal Reserve for a 'master account,' which would allow it to interact with other financial institutions and open its doors to some of the hundreds of state-licensed...Show More Summary
The first week of August brings important data readings that are sure to catch the notice of Federal Reserve officials.
Spencer Platt/Getty Images By Noel Randewich NEW YORK -- Wall Street ended on a sour note Friday as a drop in energy stocks eclipsed wage data that supported expectations that the U.S. Federal Reserve might hold off on an interest rate. Exxon...Show More Summary
By Ross Finley LONDON (Reuters) - Now that U.S. Federal Reserve chief Janet Yellen has made it clear she's looking out for "some" improvement in the job market before voting for the first Fed interest rate rise in nearly a decade, so is everyone else. Show More Summary
Revisions to the U.S. gross domestic product since 2011 reinforce the shift to a slower era of economic growth and underscore the difficulties the Federal Reserve faces in gauging just when to inch interest rates away from the zero-lower bound. Show More Summary
By Lisa Twaronite TOKYO (Reuters) - Asian shares inched higher on Friday but were on track for a weekly loss, while the dollar edged away from highs scaled after U.S. GDP data reinforced expectations that the Federal Reserve is on track to raise interest rates this year. Show More Summary
The credit union, which has the backing of Colorado’s governor, fired back by filing a lawsuit in federal court against the Fed, demanding “equal access” to the financial system.
Although GDP growth of 2.3% is still below the average GDP growth rate since 1947 of 3.2%, some analysts are saying that a gradual raising of rates by The Federal Reserve is “reasonable.
It seems to be leaning closer to the the fall as liftoff for the first rate hike since 2006, or will it delay yet again?
As the stock market spews volatility in the face of a Chinese rout, continued Greek uncertainty and economic reports that may change the Federal Reserve's plans, it is getting difficult to sleep
Traders decide what the 'inaction' of the Federal Reserve means over the intermediate and long-term. The ZIRP forever mentality fades ever-so-slightly as more than anything else, the Fed gets perceived as "let's not screw this up." A...Show More Summary
Stocks jumped at the market’s open bell, then padded gains in the afternoon following the Federal Reserve’s policy statement. Release the tea-leaf readers! The Fed sounded more upbeat about the jobs market but remains concerned about tepid inflation. Yellen & Co. have three more meetings this year to follow through on their expectation to hike [...]
In this issue: The Federal Reserve is likely to hike in September (if jobs stay strong) China might prevent that with deflation contagion (but probably not) Military exercises hint at what China might do if they REALLY panic Meanwhile...Show More Summary