WASHINGTON - The Federal Reserve ended weeks of speculation Thursday by keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 2 MONTHS AGO
WASHINGTON - What once seemed a sure bet - that the Federal Reserve would raise interest rates in September - suddenly appears less certain following a wild week of stock market turbulence.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 3 MONTHS AGO
WASHINGTON - Orders to U.S. factories for long-lasting manufactured goods rose for a second month in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 3 MONTHS AGO
WASHINGTON - The U.S. government ran a much higher budget deficit in July than a year ago, but it's still on track for the lowest full-year deficit in eight years.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 4 MONTHS AGO
WASHINGTON - The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 4 MONTHS AGO
WASHINGTON - The Federal Reserve took note Wednesday of a strengthening U.S. economy and appears on track to raise interest rates this year for the first time in nearly a decade.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 5 MONTHS AGO
WASHINGTON - With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely signal this week that an interest rate increase is coming - just not quite yet.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 5 MONTHS AGO
WASHINGTON - The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 6 MONTHS AGO
WASHINGTON - Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year - if the job market improves and the Fed is confident inflation will climb closer toward its target rate.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 6 MONTHS AGO
WASHINGTON - The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 7 MONTHS AGO
WASHINGTON - The U.S. economy's tepid performance last quarter - a 2.2 percent annual growth rate - was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of …
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 8 MONTHS AGO
WASHINGTON - Consumers increased their borrowing in January at the slowest pace in more than a year with borrowing on credit cards actually declining for the second time in the last three months.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 9 MONTHS AGO
WASHINGTON - As the Great Recession inflicted worsening damage on the U.S. economy, the Federal Reserve struggled during 2009 to determine the best corrective steps to pursue.
COEUR D'ALENE PRESS | UPDATED 10 YEARS, 9 MONTHS AGO