Yellen rejects radical overhaul of Fed's policy tools

| Aug 27, 2016

Yellen rejects radical overhaul of Fed's policy tools

For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to printing “helicopter money,” Federal Reserve Chair Janet Yellen appears to believe she can tackle any downturn using the tools currently at her disposal. Speaking ...

Albeit modest, Fed hikes rates from historic near-zero

Dec 17, 2015

Albeit modest, Fed hikes rates from historic near-zero

The Federal Reserve is raising interest rates after seven years of record lows. But it’s signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises. The Fed’s move Wednesday to lift its key rate by ...

U.S. jobs report bolsters case for Fed rate hike

Nov 7, 2015

U.S. jobs report bolsters case for Fed rate hike

U.S. job growth surged in October and the unemployment rate hit a 7½-year low of 5 percent in a show of economic strength that makes it much more likely the Federal Reserve will raise interest rates in December. Nonfarm payrolls increased 271,000 last month, ...