Federal Reserve

Beige Book: Economy Expanded at 'Modest' Pace in Most Districts

The U.S. economy showed some signs of rising wage pressures in September and early October but overall compensation growth remained modest, the Federal Reserve said on Wednesday, a further sign of the cloudy outlook facing Fed policymakers as they mull a rise in interest rates.

Beige Book: Economy Expanded at 'Modest' Pace in Most Districts

The U.S. economy showed some signs of rising wage pressures in September and early October but overall compensation growth remained modest, the Federal Reserve said on Wednesday, a further sign of the cloudy outlook facing Fed policymakers as they mull a rise in interest rates.

Boston Fed's Rosengren Maps Case For a Dove's Rate Hike

By the middle of next year, Federal Reserve Bank of Boston President Eric Rosengren expects improved economic data, leaving policymakers at risk of having to squelch the recovery with faster-than-expected rate increases.

Boston Fed's Rosengren Maps Case For a Dove's Rate Hike

By the middle of next year, Federal Reserve Bank of Boston President Eric Rosengren expects improved economic data, leaving policymakers at risk of having to squelch the recovery with faster-than-expected rate increases.