federal reserve News Updates

Government

Economy, Trucking Show Gradual Growth, Fed ‘Beige Book’ Report Says

The U.S. economy continued to expand gradually in July and August, while trucking and logistics services saw steady to moderate growth, the Federal Reserve said in its latest “beige book” report on U.S. economic conditions.

August 30, 2012
Government

Fed Expanding Bond-Buy Program

The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the economy’s expansion, Bloomberg reported.

June 21, 2012
Government

Fed Holds Rate at Record Low, Sees ‘Moderate’ Economic Growth

The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.”

April 25, 2012
Government

Fed to Keep Low Rates Through 2014

The Federal Reserve said Wednesday it was not likely to raise the record low key interest rate until at least 2014.

January 26, 2012
Government

Fed Trims Economic Outlook; Holds Key Interest Rate at Record Low

The Federal Reserve Wednesday trimmed its economic outlook, while holding a key interest rate at the record low rate it’s been at since December 2008.

November 2, 2011
Government

Economy Shows Mixed Activity, Fed Says

Economic activity improved slightly in September into early October, with modest gains in manufacturing and transportation activity, the Federal Reserve said Wednesday.

October 19, 2011
Government

Fed Holds Key Interest Rate at Record Low

The Federal Reserve Wednesday maintained a pledge it made last month to hold the benchmark interest rate near zero through the middle of 2013 as long as unemployment stays high and the inflation outlook is “subdued,” Bloomberg reported.

September 21, 2011
Government

Economy Shows Mixed Activity, Fed Says

The U.S. economy’s growth slowed in some regions of the country in July and August on tighter consumer spending and factory production, the Federal Reserve said Wednesday.

September 7, 2011
Government

Fed to Keep Interest Rates at Record Low Through Mid-2013

The Federal Reserve said Tuesday that continuing sluggish economic conditions have prompted it to keep interest rates at “exceptionally low levels” at least through mid-2013.

August 9, 2011
Government

Fed Sees ‘Moderate’ Recovery Continuing; Downplays Inflation Concerns

Federal Reserve policy makers said Wednesday that the U.S. economy is recovering at a “moderate pace” and that any inflation surge likely to be temporary, while agreeing keeping interest rates at a record low rate, Bloomberg reported.

April 27, 2011