Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed’s July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect …
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VIDEO: Pressure Builds Within Fed To Signal New Policy Course
Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the U.S. economy and lay the groundwork for the central bank’s first interest …
Continue readingVIDEO: Barring ‘very, Very Strong Data,’ Fed’s Lockhart Sees Mid-2015 Hike
A top Fed policymaker said on Friday, only signs of a much stronger U.S. economy will lead the Federal Reserve to hike interest rates before the middle of next year. Dennis Lockhart, president of the …
Continue readingVIDEO: Fed In ‘real Debate’ On Rate Hike In Early To Mid-2015: Lockhart
Atlanta Fed President Dennis Lohckhar said the Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement …
Continue readingVIDEO: No Fed Fireworks, But Plenty Of Clues, Expected At Jackson Hole
Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman …
Continue readingVIDEO: Federal Reserve: College Education Worth $830,000 More Than High School Diploma
The Federal Reserve Board of San Francisco released a report that sought to answer whether or not it is still worth going to college. The report’s conclusion is, yes, going to college is still worth …
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