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By Joshua Zumbrun, Bloomberg |
May 9, 2013
Federal Reserve Bank of Philadelphia President Charles Plosser said unemployment will probably fall to 7% at the end of 2013 and he would favor reducing the Fed’s $85 billion monthly pace of bond purchases next month.
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By Joshua Zumbrun, Bloomberg |
April 16, 2013
Federal Reserve Bank of New York President William C. Dudley said a slowdown in the pace of employment growth in March highlights the need to maintain the pace of bond purchases.
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By Joshua Zumbrun, Bloomberg |
April 8, 2013
During the past three years, the Fed planned to cut accommodation early in the year only to boost it after economic growth lagged behind its forecasts. This time, Federal Reserve policy makers are prepared for the summertime slump.
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By Joshua Zumbrun, Bloomberg |
February 20, 2013
Several Federal Reserve policy makers said the central bank should be ready to vary the pace of their $85 billion in monthly bond purchases amid a debate over the risks and benefits of further quantitative easing.
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By Joshua Zumbrun, Bloomberg |
January 9, 2013
The dwindling ranks of the long-term unemployed, while testament to the improvement in the labor market, also shows the diminishing returns from extended unemployment insurance payments.
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By Joshua Zumbrun, Bloomberg |
October 10, 2012
The Federal Reserve said this week that the U.S. economy expanded “modestly” last month, supported by improvements in housing and auto sales, even as the labor market showed little change.
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By Joshua Zumbrun, Bloomberg |
September 20, 2012
Federal Reserve Bank of Boston President Eric Rosengren said the central bank’s third round of quantitative easing will bolster the housing market and economy while helping to prevent lasting damage to the labor market.
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By Joshua Zumbrun, Bloomberg |
September 17, 2012
Richmond Federal Reserve President Jeffrey Lacker said the third round of quantitative easing, or QE3, announced by the central bank last week probably won’t do much to repair the U.S. labor market.
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By Joshua Zumbrun, Bloomberg |
June 6, 2012
The Federal Reserve said today that the U.S. economy maintained a moderate pace of growth as factory output rose and the real-estate market improved.
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By Joshua Zumbrun, Bloomberg |
April 11, 2012
The Federal Reserve said the economy maintained its expansion in all 12 of its regions as manufacturing, hiring and retail sales showed signs of strength in the face of higher fuel prices.
