Federal Reserve

American Economy

Economic Growth Slowed Last Quarter

The American economy grew just 0.7 percent in the last quarter of 2015, stroking fears of a downturn on top of the tumultuous activity to open the year. The Commerce Department’s report on economic activity bested the predictions from some economists who believed the economy might have contracted in last year’s fourth quarter, but others had anticipated at the new year of growth reaching at…


Higher Jobs Numbers Makes Fed Rate Increase Likely

Long before the Labor Department released November’s jobs numbers on Friday, which showed a 211,000 increase in employees, the Federal Reserve had been indicating a rate hike was imminent. Now, it’s a virtual certainty. Surpassing expectations for November’s jobs numbers, the Labor Department gave cover for Fed Chair Janet Yellen enough cover to increase rates during the December meeting, which is scheduled for Dec. 15-16….


Fed Chair Yellen Says Rates May Rise Next Month

After an uneasy summer with stocks swinging drastically and signs of an uneasy jobs market, the Federal Reserve may finally find its window to raise rates during its December meeting, senior Fed officials said. Janet Yellen, the head of the Federal Reserve, told the House Financial Services Committee that the economy is “performing well,” on Wednesday, saying that the rates could be raised during the…


What the Fed’s Decision On Interest Rates Means for Investors

While lower interest rates could help investors in the short term, one activist investor says this move could be disastrous to the U.S. economy. The Federal Reserve Board, led by Obama appointee Janet Yellen, has not deviated from its stance of keeping interest rates at a record low until the time is absolutely right, continuing the policies of former Fed Chairman Ben Bernanke. The argument…


Inflation Remains Low, US Producer Prices Up Just 0.2 Percent

Producer prices gave the Federal Reserve some cover to avoid raising interest rates new month. The Labor Department’s July report on wholesale prices rose, but only at .2 percent, an indication that food and oil prices are keeping the economy from charging at a faster pace. This comes on the heels of September’s meeting where the Federal Reserve is believed to be considering the first…