The U.S. Federal Reserve is keeping its existing, easy monetary policy unchanged. But, it’s prepared to take additional action, if necessary, to stimulate the economy and combat falling prices.
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The recent stream of modestly positive economic news means the Fed probably won’t take any further action to stimulate the economy at its upcoming meeting. But nobody is calling the economy healthy yet.
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August’s as-expected 0.3% consumer price index rise shows the U.S. economy is experiencing disinflation, or lower inflation, but not outright deflation. Still, current levels are about as low as the Fed wants inflation to be.
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It has been two years since Lehman Brothers went under, sparking the Great Recession. While the banks have done surprisingly well in past two years, the economy is still struggling to recover and millions remain out of work. He…
In a welcome sign of investor confidence in an economic recovery, U.S. interest rates grew for the third day in a row as people moved funds from bonds to stocks. But will higher interest rates slow the housing market?
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