Tagged: federal reserve

Beige Book Finds Economy Growing at Moderate Pace in Summer

by Associated Press 9/2/2015 3:13 pm

The Federal Reserve's latest look at business conditions nationwide found that the economy kept expanding during the summer, driven by robust housing and auto sales.

Beige Book Finds Economic Growth in All Regions of Country

by Associated Press 7/15/2015 2:26 pm

The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

IMF: Federal Reserve Should Delay Interest Rate Hike to 2016

by Associated Press 6/4/2015 11:40 am

The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the U.S. economy remains subpar.

Noting Slower Economy, Fed Appears No Closer to Rate Hike

by Associated Press 4/29/2015 2:35 pm

The Federal Reserve took a gloomier view of the U.S. economy Wednesday after a winter in which growth nearly froze. It offered no sign that a rate increase might be coming soon.

Fed Survey Finds US Economy Growing at Moderate Pace

by Associated Press 4/15/2015 1:14 pm

The Federal Reserve says the U.S. economy was growing at a moderate pace from mid-February through the end of March although the harsh winter and other factors were having adverse effects.

Fed Minutes: Officials Split Widely On Rate Hike Timing

by Associated Press 4/8/2015 1:26 pm

Fed officials disagreed widely last month on when they might begin lifting interest rates from record lows.

Fed 'Patient' on Rates While Noting Improving Economy

by Associated Press 1/28/2015 3:23 pm

The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.

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.