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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 23-33
  • Freddie Mac: Average 30-year mortgage rate at 4.4%, up from 4.32%

    Freddie Mac: Average 30-year mortgage rate at 4.4%, up from 4.32%
    Fixed mortgage rates rose early this week, with Freddie Mac’s survey showing lenders offering 30-year loans to solid borrowers at an average of 4.4%, up from 4.32% in the previous week. The average rate for a 15-year fixed loan rose from 3.32%...
  • BofA to pay $9.5 billion to settle Fannie Mae, Freddie Mac claims

    BofA to pay $9.5 billion to settle Fannie Mae, Freddie Mac claims
    Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac. The government-sponsored mortgage finance giants had demanded compensation from the Charlotte,...
  • Bank of America settles with Fannie and Freddie for $9.5 billion

    Bank of America settles with Fannie and Freddie for $9.5 billion
    Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac.  The government-sponsored mortgage giants had demanded compensation from the Charlotte, N.C.,...
  • Fed rejects Citigroup dividend, buyback plans after stress test

    Fed rejects Citigroup dividend, buyback plans after stress test
    WASHINGTON — Federal regulators rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after the latest round of stress tests. The results raised concerns about weaknesses in the risk-planning...
  • Fed rejects dividend, buyback plans at Citigroup, four other big banks

    Fed rejects dividend, buyback plans at Citigroup, four other big banks
    WASHINGTON -- The Federal Reserve said Wednesday it rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after annual stress tests. Those tests raised questions about weaknesses in the risk-planning...
  • A stumble in tech stocks drags indexes lower

    A stumble in tech stocks drags indexes lower
    The stock market continued its recent pattern of one step forward, one step back. After starting the day higher following an encouraging report on orders for manufactured goods, stocks drifted lower in afternoon trading Wednesday and gave up their gains...
  • Treasury Secretary Jacob Lew heads home after prostate surgery

    Treasury Secretary Jacob Lew heads home after prostate surgery
    WASHINGTON -- Treasury Secretary Jacob J. Lew had successful outpatient surgery on Tuesday but remained at a New York area hospital overnight because of a low-grade fever, a Treasury Department spokeswoman said. Lew, 58, underwent the procedure to treat...
  • Durable goods orders rebound strongly in February on aircraft demand

    Durable goods orders rebound strongly in February on aircraft demand
    WASHINGTON -- Demand for cars, aircraft and other durable goods surged last month, a stronger-than-expected rebound after two months of decreases, the Commerce Department said Wednesday. New orders jumped 2.2% in February after declining by 1.3% the...
  • Consumer confidence is highest in six years

    Consumer confidence is highest in six years
    Consumers are more optimistic about the economy than they've been in years, and that could help heat up the recovery after a deep winter chill. A closely watched barometer of consumer confidence surged this month to its highest level in more than six...
  • Yellen says women still underrepresented in business, government

    Federal Reserve Chairwoman Janet L. Yellen has been reticent to remark about her historic status as the first woman to lead the central bank. But at a Women's History Month reception at the U.S. Capitol in Washington on Tuesday, Yellen broke her...
  • Consumer confidence jumps to highest level in six years

    Consumer confidence jumps to highest level in six years
    Consumer confidence surged this month to its highest level in more than six years as the economy showed signs of emerging from a deep winter chill. The Conference Board's index, which is one of two key monthly measures of consumer attitudes, increased...