The central bank may be slower to raise interest rates as a result.
federal reserve
Posted inBusiness
Trump undecided on renominating Yellen to lead Federal Reserve
The president says he respects Janet Yellen, but he is also considering former Goldman Sachs executive Gary Cohn and others.
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Posted inEditorials, Opinion
Another View: Whatever its current results, more of same is best Fed policy
But if inflation shows signs of falling or if job creation slackens, then it’s time to pause and rethink.
Posted inBusiness
Fed announces rise in key rate, plan for bonds
The increased interest rate could lead to higher borrowing costs but a better return on savings.
Posted inBusiness, News
Federal Reserve raises benchmark interest rate amid inflation worry
The Fed also announces plans to start paring its bond holdings later this year, which could cause long-term rates to rise.
Posted inBusiness, Nation & World, News
Fed raises benchmark interest rate for second time in 3 months
Increasing the cost of borrowing could frustrate the ambitious goals of the Trump administration.
Posted inBusiness, Nation & World
In sign of economic health, Federal Reserve will likely raise interest rates
Comments by the central bank’s chair reflect its conclusion that nearly eight years after the Great Recession ended, the U.S. economy has finally regained most of its health.
Posted inBusiness
Meeting minutes show Federal Reserve members open to raising rates soon
Their discussion also shows that tax cuts and spending proposals floated by the Trump administration continue to loom large over their decisions.
Posted inEditorials, Opinion
Another View: A rise in the interest rate could boost the economy
The Federal Reserve would be pushing patience too far if it opts not to do so come March.
Posted inBusiness
Yellen doesn’t rule out Fed raising interest rates in March
But most economists and investors believe the first of three hikes promised for 2017 will occur at the Federal Reserve’s June meeting.