The discussion is revealed Wednesday in minutes of the central bank’s Sept. 25-26 policy meeting.
federal reserve
Posted inBusiness, Nation & World
Fed raises key interest rate for 3rd time this year
The Federal Reserve lifts its short-term rate to 2.25% and indicates it may keep raising rates.
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Posted inBusiness, Nation & World
Dow, S&P 500 set records as U.S. economy keeps zooming along
Reflecting the rising markets, the Fed says the value of Americans’ stock and mutual fund portfolios rose $800 billion last quarter.
Posted inBusiness, Nation & World
Trump criticizes Fed chief over rising interest rates
He wants to keep a lid on borrowing costs and asserts that other central banks have acted to help their own governments during trade disputes with the U.S.
Posted inBusiness, Nation & World
Fed declines to raise its benchmark interest rate, as expected
But it also signals that two more gradual rate increases are likely this year if the economy stays healthy.
Posted inBusiness, Nation & World, News
Trump criticizes Federal Reserve, breaking long-standing practice
The president suggests that the Fed is undercutting his efforts to expand the economy.
Posted inBusiness, Nation & World, News
Foreign money diverts from U.S. as Trump hardens trade stance
Foreign direct investment in U.S. businesses and factories plunged in 2017 and is falling this year.
Posted inBusiness, Nation & World
Federal Reserve chair calls decline in worker share of profits ‘very troubling’
Average hourly wages for most American workers have been stalled – and by at least one measure, have fallen when accounting for inflation.
Posted inBusiness, Nation & World, Politics
As tariff clashes begin, Federal Reserve sees signs of early damage
The U.S. and China are set to add taxes to imported goods in an unprecedented commerce battle that could rattle markets, cripple trade and sour relations.
Posted inBusiness
Europe, Fed moves show global shift away from cheap money
The European Central Bank and Federal Reserve are deeming it unnecessary to support the economy with policies created in darker days of financial uncertainty.