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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...

  • 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...

  • Bullard Says It’s Time for Fed to Begin Raising Rates. The US Federal Reserve looks to be on the cusp of raising interest rates this month for the first time in close to 10 years after solid jobs figures suggested the world’s largest economy was resilient...

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