Items Tagged with 'Federal Reserve'

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As expected, Fed holds off interest-rate hike

‘Growth in economic activity appears to have slowed’
The Federal Open Market Committee elected not to increase the federal funds rate. Whereas the committee believes housing has improved further, inflation is running just a little behind its objective.
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Will Fed remain dovish, punt on interest-rate hike again?

Market analysts still look to second half of year for federal funds rate increase
During this week's meeting of the Federal Open Market Committee, the group that sets the benchmark interest rate for bank lending, there will undoubtedly be some discussion about raising the federal funds rate again, but discussion is about as far as it’s going to get, some analysts believe.
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Trump: If I win, Yellen's days at the Fed will be numbered

Republican frontrunner tells Fortune he'd replace Fed Chair
If Republican frontrunner Donald Trump secures a victory in November’s election and is sworn in on Jan. 20, 2017 as this country's next president, Federal Reserve Chair Janet Yellen may shortly find herself out of a job.
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Five major banks fail bailout test, would need taxpayer money in crisis

Bank of America, JPMorgan Chase, Wells Fargo, others must improve 'living wills'
Five of the nation’s largest banks are not prepared for a financial crisis and would need taxpayer bailouts, the Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation announced Wednesday.
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Fannie Mae: Expect Fed rate hikes in June and December

Economic growth will remain limited in 2016
Despite the Federal Open Market Committee announcing earlier this week that it felt that current economic conditions did not warrant another increase of the federal funds rate, Fannie Mae’s Economic & Strategic Research Group still expects that the FOMC will increase rates at least twice in 2016.
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Monday Morning Cup of Coffee: Federal Reserve interest rate hike guessing game

Want to recruit Millennials? SXSW is a good place to start
The Federal Reserve meets this week, and the interest rate guessing game is in full swing. The consensus is clearly that the stock market woes in the early part of the year mean the Fed will postpone an interest rate hike. Also, the latest in the New York Federal Reserve bank hack and SXSW.
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Fed governor donates to Clinton campaign

Unusual move raises eyebrows in contentious election year
A recent move by Federal Reserve Governor Lael Brainard to donate to Democratic presidential frontrunner Hillary Clinton puts the Fed in a position to be criticized in this contentious election year. While Fed officials do identify with major political parties, donations to a presidential candidate by senior policy makers are unusual.
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