Browsing: Economy

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell said on Friday it is still unclear if U.S. interest rates will need to rise…

New York Federal Reserve President John Williams suggested Friday that the economy may one day return to the era of ultra-low interest rates that was in…

LONDON (Reuters) – There’s no shortage of events, data and high drama for markets in the days ahead. Wrangling over the debt ceiling in Washington continues,…

The numbers: The U.S. leading economic index fell 0.6% in April and declined for the 13th month in a row, pointing once again to a potential recession…

(Reuters) – Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as well, Federal Reserve data released on…

The amount of money U.S. banks borrowed from the Federal Reserve rose for the second week in a row, a sign that stress on the financial…

SAO PAULO (Reuters) -Bank of Canada Governor Tiff Macklem reiterated on Friday it is far too early to be thinking about interest rate cuts, adding that…

Widespread fraud in Massachusetts has exaggerated the recent surge in jobless claims, suggesting that a seemingly steady rise in U.S. layoffs is largely a mirage. New…

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling…

If the economic storms get more difficult, traders and investors seem to think the Federal Reserve will be like a lifeguard and rescue all swimmers from…