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  • By Jonathan Spicer and Ann Saphir NEW YORK/ST. LOUIS (Reuters) - Three Federal Reserve officials on Wednesday said they believe the U.S. economy is gaining traction despite a recent slowdown from severe weather, allowing the central bank to stick to...

  • (MNI) - More important numbers are to come, but recent choppy economic data are unlikely to divert the Federal Reserve from beginning to reduce large-scale asset purchases at its September 17-18 Federal Open Market Committee meeting, Fed watchers said...

  • By EconMatters In an unprecedented move to fight off the threat of deflation, ECB cut its main interest rate to near zero at 0.15%, and its interest rate on deposits to a negative 0.1% for the first time. This means ECB will now be charging banks 0...

  • NEW YORK (Reuters) - The Federal Reserve will be in a position to think about halting its large-scale asset purchases this year if the U.S. economy improves, a top central bank official said on Friday, fingering a 7.1-percent unemployment rate as a possible...

  • If you're a regular Alt-M reader (and may the frost never afflict your spuds if you are), I needn't tell you that I'm the last person to exalt the pre-2008 Federal Reserve System. Among other things, I blame that system for fueling the 2003-2006 boom...

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    News releases, headlines and media advisories from the St. Louis Federal Reserve Bank of St. Louis.

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