Tagged: federal reserve

Fed Keeps Rate at Record Low, Ends Bond Buying

by Associated Press 10/29/2014 2:33 pm

The Federal Reserve plans to keep a key interest rate at a record low. It's also ending a bond purchase program that was intended to keep long-term rates low.

Janet Yellen: US Experiencing Widening Inequality

by Associated Press 10/17/2014 11:55 am

Federal Reserve Chair Janet Yellen said Friday that the last several decades have seen the most sustained rise in income inequality in a century.

Mark Millsap on Why the Federal Reserve May Have Zero Interest in Repairing the Economy

by Arkansas Business Staff 10/13/2014 12:00 am

Mark Millsap is a co-owner of Foundation Resource Management, which has a team of six investment professionals and five administrative employees managing approximately $2.1 billion.

Fed Signals Plan to Keep Key Rate at Record Low

by Associated Press 9/17/2014 1:12 pm

The Federal Reserve is signaling that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar.

Fed Sharply Cuts Forecast for US Economic Growth

by Associated Press 6/18/2014 2:18 pm

The Federal Reserve has sharply cut its forecast for U.S. growth this year, reflecting a shrinking economy last quarter caused mostly by harsh weather.

Fed Cuts Monthly Bond Purchases, Sounds Upbeat

by Associated Press 4/30/2014 3:02 pm

The Federal Reserve struck an encouraging note Wednesday: It will further cut its bond purchases because the U.S. job market needs less help. And it said the economy had strengthened after all but stalling during a harsh winter.

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

by Mark Carter 4/16/2014 1:30 pm

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.

Janet Yellen: Job Market Needs Low Rates 'For Some Time'

by Associated Press 3/31/2014 11:35 am

Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time."

Fed Clarifies Guidance on Short-Term Interest Rates

by Associated Press 3/19/2014 1:55 pm

The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows.

Report: Arkansas' Manufacturing Employment Down Third Year in a Row

by Lee Hogan 3/17/2014 4:01 pm

The Federal Reserve Bank of St. Louis' "Burgundy Book" report showed manufacturing employment was down for the third year in a row in 2013 in Arkansas, in addition to a drop in manufacturing exports.

Mortgage, Credit Card Debts Down in Arkansas; Auto Loan Debt Rises

by Lee Hogan 3/17/2014 2:58 pm

In a trend that was seen across the country, Arkansas residents reduced mortgage and credit card debts, but increased auto loan debts in the last quarter of 2013.

Home Prices, Permits Down Across the State in Final Quarter of 2013

by Lee Hogan 3/17/2014 2:49 pm

House prices and single-family building permits were down in most metropolitan statistical areas in Arkansas in the fourth quarter of 2013.

3 Arkansas Areas See Employment Growth Above National Average in 4Q 2013

by Lee Hogan 3/17/2014 2:47 pm

The unemployment rates in all of Arkansas’ metropolitan statistical areas increased in the fourth quarter of 2013, except in Fort Smith where it remained unchanged from the previous quarter.

ROAs Keep Arkansas Banks Most Profitable in District

by Lee Hogan 3/17/2014 2:10 pm

The Federal Reserve of St. Louis' "Burgundy Book" report shows Arkansas banks remained the most profitable among District banks with a higher return on average assets than the district average.

Report: Some See Economic Improvement in Arkansas in 2014; Most Expect No Change

by Lee Hogan 3/14/2014 11:00 am

According to an economic condition report from the Federal Reserve, most economists surveyed expect conditions in Arkansas to remain the same in 2014, while a "sizable minority" expect to see some improvement from 2013.

Federal Reserve Beige Book Survey Says Winter Storms Holding Back Economy

by Associated Press 3/5/2014 4:27 pm

A Federal Reserve survey shows severe weather held back economic growth in much of the nation from January through early February. Even so, conditions strengthened in most U.S. regions, thanks to slight gains in areas such as employment and commercial real estate.

Beige Book: US Economic Growth Healthy Over Holidays

by Associated Press 1/15/2014 2:24 pm

A Federal Reserve survey shows economic growth remained healthy in most U.S. regions in late November and December, helped by gains in consumer spending and factory output.

Fed to Reduce Bond Purchases by $10B in January

by Associated Press 12/18/2013 12:58 pm

The Federal Reserve says it will reduce its $85 billion a month in bond purchases by $10 billion starting in January, citing a stronger U.S. job market. And it says it will take further steps to reduce the pace of the purchases next year if that improvement continues.

Amid Economic Improvement, Investors Await Wednesday's Fed Decision on Stimulus

by Associated Press 12/18/2013 8:23 am

Investors are waiting to see whether one of Ben Bernanke's final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed's bond purchases. The purchases have been intended to keep long-term loan rates low to spur economic growth.

Stocks, Scotch, Bitcoins and Bubbles: Is Fed Policy Causing Prices to Soar?

by Associated Press 12/16/2013 11:22 am

The Federal Reserve's super-low interest-rate policies have inflated a slew of dangerous asset bubbles. Or so critics say.