Economy & Policy
Federal Reserve policy makers feared a premature lifting of interest rates could add to pressures keeping inflation below the Fed’s target rate.
Legendary bond fund manager Bill Gross has filed suit against PIMCO, the giant bond fund company he founded in 1971 and left last year in a decidedly acrimonious split.
Investors, analysts and economists are hoping the minutes from the Fed's September meeting offer some clue as to whether Fed policy makers will raise rates later in 2015 or...
Former Federal Reserve Chairman Ben Bernanke says more corporate executives should have been prosecuted for their actions leading up to the 2008 financial crisis.
A lousy September jobs report doesn’t necessarily mean U.S. economic growth has stalled and that the Fed should postpone raising interest rates indefinitely.
The U.S. added 142,000 new jobs in September, a disappointing figure the Federal Reserve will be closely scrutinizing as it mulls the first rate hike in nearly a decade.
The key to lifting inflation to a level deemed comfortable by Federal Reserve policy makers is rising wages.
Chicago Federal Reserve President Charles Evans said Monday he supports waiting a bit longer before raising interest rates for the first time in a decade.
New York Fed President William Dudley said on Monday that he expects short-term interest rates to rise “later this year” as the economy continues to improve.
A slight upward revision of second-quarter GDP on Friday gives the Federal Reserve a bit more justification for raising interest rates later this year.