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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 111-121
  • Bank of England indicates rate hike isn't imminent

    Bank of England indicates rate hike isn't imminent
    The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate. The central bank previously said it would consider raising its...
  • Consumers more optimistic about rising wages, N.Y. Fed says

    Consumers more optimistic about rising wages, N.Y. Fed says
    WASHINGTON -- Consumers last month were more optimistic their wages would rise, and expected to spend more this year, according to survey results Monday from the Federal Reserve Bank of New York. Americans also expected inflation to slow somewhat to 3%...
  • Consumers use credit cards for bail, tattoos, other 'crazy' purchases

    Consumers use credit cards for bail, tattoos, other 'crazy' purchases
    Americans flash plastic for the craziest things -- to ink up their bodies, get out of jail, or even watch X-rated movies. Nearly six in 10 people admitted to making what they considered to be a crazy purchase with their credit cards, according to survey...
  • Weak jobs data renew growth fears

    Weak jobs data renew growth fears
    WASHINGTON — Back-to-back months of sluggish hiring suggest the economic recovery may have lost some momentum and could give the Federal Reserve second thoughts about continuing to throttle back a key stimulus program. Employers added a modest...
  • Bank of England not ready to raise rates despite unemployment drop

    The Bank of England sees "no immediate need" to raise rock-bottom interest rates despite an unemployment rate that is falling more rapidly than anticipated, according to minutes of its January meeting released Wednesday. Just like Federal Reserve...
  • Lew moves up debt limit deadline to late February

    Lew moves up debt limit deadline to late February
    WASHINGTON -- Congress must raise the nation's debt limit by late February, a couple of weeks earlier than previously projected, because of an expected large outflow of cash for tax refunds next month, Treasury Secretary Jacob J. Lew said Wednesday....
  • Weekly unemployment claims hold steady near two-month low

    Weekly unemployment claims hold steady near two-month low
    WASHINGTON -- Initial jobless claims held roughly steady last week at nearly a  two-month low, pointing toward moderate labor market growth, federal officials said Thursday. There were 326,000 people who filed for first-time unemployment benefits in the...
  • Freddie Mac: Mortgage rates lower; 30-year fixed averaging 4.39%

    Freddie Mac: Mortgage rates lower; 30-year fixed averaging 4.39%
    Fixed mortgage rates have drifted lower, according to Freddie Mac, which said lenders were offering 30-year fixed home loans at an average of 4.39% this week, down from 4.41% a week ago. It was the lowest reading for the weekly survey since Nov. 27....
  • Factory growth picks up in February, but still hampered by weather

    Factory growth picks up in February, but still hampered by weather
    WASHINGTON -- Factory growth picked up last month after a January plunge, but still appeared to be hampered by bad weather in much of the country, the Institute for Supply Management said Monday. The group's widely watched purchasing managers index rose...
  • Consumer spending up despite bad weather as incomes also rose

    Consumer spending up despite bad weather as incomes also rose
    WASHINGTON -- Consumer spending exceeded expectations in January, rising despite the bad weather as incomes also grew in a positive sign for economic growth. Spending was up 0.4% after a 0.1% gain the previous month, the Commerce Department said Monday....
  • William Lyon Homes lays the foundation for future growth

    William Lyon Homes lays the foundation for future growth
    Newport Beach home builder William Lyon Homes has a history almost as interesting as its founder and namesake. William Lyon flew combat missions in the Korean War, commanded the Air Force Reserve and was chief executive and chairman of AirCal in the...