Fed | The Epoch Times

Senate Confirms Christopher Waller to Serve on Fed’s Board

WASHINGTON—The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board ...

December 3, 2020BY The Associated Press

Years of Near-Zero Interest Rates the Latest Bid to Spur Recovery in US, Canada

Central banks are pulling out all the stops to support the economic recovery, with the latest move being ...

September 23, 2020BY Rahul Vaidyanath

S&P 500, Dow Slip Ahead of Fed Outlook; Nasdaq Scales Fresh High

The S&P 500 and Dow eased on June 10, as losses in financial stocks outweighed a boost from ...

June 10, 2020BY Reuters

Fed’s Powell Warns of Long-Term Harm to Economy, Says Congress Must Act

Federal Reserve Chair Jerome Powell on Wednesday warned of the threat of a prolonged recession due the pandemic ...

May 13, 2020BY Tom Ozimek

No ‘V’-Shape Return From Devastating US Job Loss, Fed Policymakers Say

SAN FRANCISCO—As many parts of the world's biggest economy begin to reopen after weeks of stay-at-home orders that ...

May 9, 2020BY Reuters

Economic Inertia to Drag On But Recovery is Forecast: Economists

A Reuters poll found recently that most economists believe the U.S. economy is most likely headed for a ...

April 22, 2020BY Alan McDonnell

Fed Sees 47 Million Jobs Lost and Unemployment at 32 Percent

A Fed estimate shows the U.S. unemployment rate in the second quarter will likely hover around 32 percent, ...

March 30, 2020BY Tom Ozimek

Powell Says Economy May Be in Recession, But Fed Will Act to Deliver ‘Vigorous’ Rebound

Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy may well be in recession due the ...

March 26, 2020BY Tom Ozimek

Fed to Buy as Much Government Debt as Needed to Aid Economy

WASHINGTON—In its boldest effort to protect the economy from the CCP virus, commonly known as the novel coronavirus, ...

March 23, 2020BY The Associated Press

Fed Expands Repo to $1 Trillion Per Day to Avert Liquidity Crunch

The Federal Reserve has expanded its short-term lending program, known as repo, to $1 trillion, and extended it ...

March 20, 2020BY Tom Ozimek

Fed Launches Trump-Backed Crisis-Era Tool to Help Ailing Businesses

Treasury Secretary Steven Mnuchin said that a Trump-backed measure would let the Federal Reserve use a crisis-era liquidity ...

March 17, 2020BY Tom Ozimek

Fed Lowering Interest Rate Will Not Have Long Lasting Impact on Economic Growth: Joel Griffith

Simone Gao: Thank you, Joel, for being with us today. Joel Griffith: Thanks for having me. Ms. Gao: Yesterday the ...

March 9, 2020BY Simone Gao

Fed Signals Possible Rate Cut to Counteract Coronavirus Fallout

Federal Reserve Chairman Jerome Powell has signaled the central bank's readiness to slash interest rates to cushion the ...

March 1, 2020BY Tom Ozimek

Fed’s Clarida ‘Closely Monitoring’ Coronavirus Impact But As Yet No ‘Material Change’ to Economic Outlook

Federal Reserve Vice Chair Richard Clarida said on Tuesday that the central bank is "closely monitoring" the impact ...

February 25, 2020BY Tom Ozimek

Jobless Claims Hold Largely Steady, Bolstering Fed’s View of Continued Labor Market Strength

The number of Americans filing for unemployment benefits saw a slight uptick last week and the four-week moving ...

February 20, 2020BY Tom Ozimek

Interest Rate Meeting Minutes Underpin Fed’s Belief That Job Market ‘Remains Strong’

The Federal Reserve released on Wednesday the minutes of its latest interest rate-setting meeting, which reinforce the Fed's ...

February 20, 2020BY Tom Ozimek

US Consumer Prices Rise 2.5 Percent, Bolstering Fed’s Contention That Economy in ‘Very Good Place’

U.S. consumer prices rose 2.5 percent year-over-year in January, official non-seasonally-adjusted figures show, representing the biggest such rise ...

February 13, 2020BY Tom Ozimek

Fed’s Kashkari Says If Coronavirus Hits US Economy, Fed May Step In

Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday that if the coronavirus threat makes a material ...

February 12, 2020BY Tom Ozimek

Fed Official: If Coronavirus Makes ‘Significant Impact’ on US Economy, Interest Rate Cuts May Be in Order

Philadelphia Federal Reserve Bank President Patrick Harker said that if the coronavirus-related economic malaise now hurting China spills ...

February 11, 2020BY Tom Ozimek

Fed’s Rosengren Warns of Threats to ‘Almost Ideal’ 2020 Economy

Boston Fed President Eric Rosengren hit an upbeat tone on the economy while noting downside risks, including threats ...

January 13, 2020BY Tom Ozimek

Fed Officials See No Need for Rate Cuts Amid Weak Factory Data

Three top Federal Reserve officials said in separate interviews on Jan. 3 that they have enough confidence in ...

January 5, 2020BY Tom Ozimek

Paul Volcker, Ex-Federal Reserve President, Dies at 92: Reports

Former Federal Reserve chief Paul Volcker died at the age of 92, it was reported. NPR reported that ...

December 9, 2019BY Jack Phillips

Fed Has Taken ‘Significant Action’ to Counteract Risks to Economy: Brainard

Federal Reserve Gov. Lael Brainard said Tuesday that three interest rate cuts so far this year have put ...

November 27, 2019BY Tom Ozimek

Fed Minutes Shed Light on Interest Rate Cut as Economic ‘Uncertainties’ Remain

The Federal Reserve has released the minutes of its Oct. 29-30 meeting, shedding light on the central bank's ...

November 20, 2019BY Tom Ozimek

NTD News Today Full Broadcast (Oct. 31)

House approves resolution on Trump impeachment procedures; Nunes: Investigation of Trump campaign started earlier than official timeline; Firefighters ...

October 31, 2019BY NTDTV