Showing of 1-25 result
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12-Nov-2020 | Craig Torres, Lucy Meakin & Jeff Black | Bloomberg
World's central banks are now begging govts to power economic rebound
Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession
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12-Dec-2019 | Craig Torres & Matthew Boesler | Bloomberg
US Fed leaves rates unchanged, signals policy will continue through 2020
Policy makers had been widely expected to leave rates on hold after three straight cuts that helped calm concerns the economy could falter
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18-Sep-2019 | Craig Torres | Bloomberg
Fed makes second straight rate cut, splits on further action
Five officials wanted to keep rates unchanged, while five saw a quarter point as appropriate this year and seven wanted a half point
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24-Aug-2019 | Christopher Condon & Craig Torres | Bloomberg
Amid Trump's attacks, US Fed says trade war, not rates, undermining economy
Trump has elevated his criticism of the central bank to a shrill level in recent weeks
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22-Dec-2018 | Matthew Boesler , Craig Torres , & Jeanna Smialek | Bloomberg
John Williams says the Fed's rate hike guidance isn't a commitment'
Williams endorsed the rate-hike projections, saying "something like two rate increases" next year "would make sense in the context of a really strong economy moving forward"
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17-Nov-2018 | Craig Torres | Bloomberg
How US Fed's jobs may get a lot more complicated after likely December hike
An interest-rate increase at the Dec 18-19 gathering of the U.S. central bank is priced at around 70 percent odd
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10-Nov-2018 | Craig Torres & Liz McCormick | Bloomberg
Why US Fed risks turning into a villain for both Democrats and Republicans
The reality is, both parties need to preserve the investing public's trust in the Fed to underwrite their political goals
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01-Nov-2018 | Craig Torres | Bloomberg
AI may have arrived but new blue-collar jobs may survive its rise
At a Rolls Royce parts plant with "virtually no manual operations," human workers continually refine automation
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01-Mar-2018 | Craig Torres & Christopher Condon | Bloomberg
Fed may weigh four rate hikes in 2018
Powell's first testimony as Fed chair strikes an upbeat note
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07-Feb-2018 | Craig Torres & Christopher Condon | Bloomberg
Jerome Powell's first day at US Federal Reserve brings stock market rout
The stock plunge is occurring during an upswing in the economy with the unemployment rate at 4.1%
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15-Dec-2017 | Christopher Condon & Craig Torres | Bloomberg
US Fed ups rates, eyes three hikes in 2018
Fed officials expect improvement in the job market to slow
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03-Nov-2017 | Craig Torres & Rich Miller | Bloomberg
New Federal Reserve chairman has an economic tailwind
One of Powell's virtues for the job is that he understands markets
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02-Oct-2017 | Jennifer Jacobs , Saleha Mohsin & Craig Torres | Bloomberg
Trump ramps up Fed chair search
Conversations with additional candidates are already in the works as Trump aides try to give him a range of options
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26-Aug-2017 | Jeanna Smialek & Craig Torres | Bloomberg
Yellen issues broad defence of post-crisis financial rules
The Fed has sharpened its focus on financial stability since the crisis
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13-Jul-2017 | Craig Torres & Christopher Condon| Blommberg
US economy ready for rate hikes: Yellen
Economy should continue to expand over the next few years, says Fed chair
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08-Jul-2017 | Craig Torres & Christopher Condon | Bloomberg
Post-crisis rules may sap bond-market liquidity: Federal Reserve
It adds, however, evidence doesn't suggest any strong impairment in liquidity in major fin markets
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06-Jul-2017 | Craig Torres | Bloomberg
US Fed divided on when to begin balance sheet unwind
Several preferred deferring decision giving additional time to assess outlook for economic activity
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14-Feb-2017 | Craig Torres, Christopher Condon & Jeanna Smialek
Janet Yellen: Rate hikes needed if economy stays on course
This semiannual report on monetary policy is Yellen's first since Trump became US president
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19-Nov-2016 | Andrew Mayeda & Craig Torres
The rebel economist who blew up macroeconomics
The world economy wasn't growing much anyway; and the math that many colleagues were using to model it seemed unrealistic
