Editorial Results (free)
1. Plosser, a Leading Fed 'Hawk,' to Retire in March
- Tuesday, September 23, 2014
WASHINGTON (AP) – Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1.
Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been a leader of the officials known as hawks for their concerns that a continuation of low-interest rate policies could ignite inflation.
2. Yellen: Job Market Makes Fed Hesitant on Rate Hike
- Monday, August 25, 2014
JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
3. Yellen to Give Her Outlook as Fed Honeymoon Fades
- Thursday, August 21, 2014
WASHINGTON (AP) – Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.
4. Consumer Prices Edge Up 0.1 Percent in July
- Tuesday, August 19, 2014
WASHINGTON (AP) – U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.
Consumer prices edged up a seasonally adjusted 0.1 percent last month, after larger gains of 0.3 percent in June and 0.4 percent in May, the Labor Department reported Tuesday. It was the smallest increase since a similar 0.1 percent rise in February.
5. Fed Survey: Economy Showing Improvement Across US
- Thursday, June 05, 2014
WASHINGTON (AP) – A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending.
Seven of the Fed's 12 regions – Boston, New York, Richmond, Chicago, Minneapolis, Dallas and San Francisco – reported "moderate" growth during the early spring, while the remaining five described growth as "modest," according to the Beige Book survey released Wednesday.
6. Transcripts Show Fed at Times Slow to Grasp Crisis
- Monday, February 24, 2014
WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.
7. Despite Market Unrest, Fed Likely to Pare Stimulus
- Tuesday, January 28, 2014
WASHINGTON (AP) – Just as Ben Bernanke prepares to turn the chairmanship of the Federal Reserve over to Janet Yellen, global markets are on edge over the prospect that she'll extend a policy he began: a steady pullback in the Fed's extraordinary economic stimulus.
8. Fed: US Economic Growth Healthy Over Holidays
- Thursday, January 16, 2014
WASHINGTON (AP) – A Federal Reserve survey shows economic growth remained healthy in most U.S. regions in late November and December, helped by gains in consumer spending and factory output.
9. Fed Leaves Low Interest-Rate Policies Unchanged
- Thursday, October 31, 2013
WASHINGTON (AP) – The Federal Reserve says the U.S. economy still needs support from its low interest-rate policies because it is growing only moderately.
In a statement Wednesday after a policy meeting, the Fed said it would keep buying $85 billion a month in bonds to keep long-term interest rates low and encourage borrowing and spending.
10. Fed: Growth Slows in Places on Shutdown Worries
- Thursday, October 17, 2013
WASHINGTON (AP) – The Federal Reserve said economic growth slowed in a few key regions of the United States from September through early October, as businesses grew worried about a budget impasse that led to a partial government shutdown.
11. Surprise From Fed: No Pullback in Bond Purchases
- Thursday, September 19, 2013
WASHINGTON (AP) – In a surprise, the Federal Reserve has decided against reducing its stimulus for the U.S. economy because its outlook for growth has dimmed in the past three months.
The Fed said it will continue to buy $85 billion a month in bonds while it awaits conclusive evidence that the economy is strengthening. The Fed's bond purchases are intended to keep long-term borrowing rates low to boost spending and economic growth.
12. Fed Survey Finds US Economy Growing Moderately
- Thursday, September 05, 2013
WASHINGTON (AP) – Economic growth held steady across the United States from July through late August, as Americans bought more cars and homes and auto factories added workers.
A Federal Reserve survey released Wednesday showed that all 12 of the Fed's regional banking districts reported modest to moderate growth. That's roughly in line with the Fed's previous survey of those districts from late May through early July.
13. Fed Official Criticizes Announcement on Bond Buys
- Monday, June 24, 2013
WASHINGTON (AP) — A Federal Reserve voting member believes the Fed's decision to announce details about when it would trim its bond-buying program was "inappropriately timed," according to a statement posted by his staff Friday.
14. Fed Stands by Stimulus, Sees Stronger US Economy
- Thursday, March 21, 2013
WASHINGTON (AP) – The Federal Reserve said Wednesday that the U.S. economy has strengthened after pausing late last year but still needs the Fed's extraordinary support to help lower high unemployment.
15. Fed Says Growth Pause Temporary, Keeps Up Stimulus
- Thursday, January 31, 2013
WASHINGTON (AP) – The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try to stimulate growth by keeping borrowing cheap for the foreseeable future.
16. Federal Reserve Survey: US Economy Growing at Steady Pace
- Thursday, November 29, 2012
WASHINGTON (AP) – A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.
17. Fed: Housing Lifts Growth in Most US Regions
- Thursday, October 11, 2012
WASHINGTON (AP) – Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday.
18. Bernanke: With Unemployment High, Fed Can Do More
- Monday, September 03, 2012
JACKSON HOLE, Wyo. (AP) – Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic recovery that remains "far from satisfactory."
19. Bernanke Seeks to Reassure Vets in Weak Economy
- Friday, November 11, 2011
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke on Thursday tried to reassure U.S. soldiers, a group hit hard by high unemployment, that the Fed is working to strengthen the economy.
20. Bernanke Shows Fed's Independence With Texas Trip
- Thursday, November 10, 2011
WASHINGTON (AP) – A town hall meeting with Ben Bernanke and a group of military families discussing family finances wouldn't normally draw much notice.
But for this particular event, the Federal Reserve chairman is venturing into Texas. And those who watch the Fed say the visit sends a message to Bernanke's critics: The Fed is independent and won't be intimidated.
21. Obama to Name Fed Dissenter Hoenig as FDIC No. 2
- Monday, October 24, 2011
WASHINGTON (AP) – President Barack Obama is nominating a longtime Federal Reserve official and critic of big banks to be the No. 2 official at the Federal Deposit Insurance Corp.
22. US Fed Survey Suggests Hazy Outlook for Economy
- Thursday, October 20, 2011
WASHINGTON (AP) – Most areas of the country reported slight economic improvement in September and early October, according to a Federal Reserve survey of its 12 bank regions. But several regions said a hazier economic outlook is making businesses more cautious and holding back their spending.
23. US Gets Chance to Catch Up on Credit Card Security
- Monday, September 12, 2011
NEW YORK (AP) – The next time you swipe your credit card at check-out, consider this: It's a ritual the rest of the world deems outdated and unsafe.
The United States is the only developed country still hanging on to credit and debit cards with those black magnetic stripes, the kind you swipe through retail terminals. The rest of the industrialized world has switched –or is in the process of switching– to "smart" chip-based cards.
24. AP Survey: No Recession but Weakness Will Endure
- Wednesday, August 24, 2011
WASHINGTON (AP) – Another U.S. recession is not likely over the next 12 months. Neither is any meaningful improvement in the economy.
That's the picture that emerges from an Associated Press survey of leading economists who have grown more pessimistic in recent weeks. They say high unemployment and weak consumer spending will hold back the U.S. economy into 2012.
25. Fed Survey: Growth Slows Across Much of US
- Thursday, July 28, 2011
WASHINGTON (AP) — The economy worsened in much of the U.S. earlier this summer, hampered by high unemployment, weak home sales and signs of a slowdown in manufacturing.
A survey by the Federal Reserve, released Wednesday, found that weak consumer spending, slow job growth and tight credit are restraining growth into the second half of the year.
26. Fed Survey: Economy Falters in Several US Regions
- Thursday, June 09, 2011
WASHINGTON (AP) – For the first time this year, the economy has slowed in several U.S. regions, burdened by high gas prices that have weakened consumer spending and crises in Japan that reduced manufacturing output.
27. Fed Survey: Economy Expands Throughout US
- Thursday, March 03, 2011
WASHINGTON (AP) – The U.S. economy expanded in January and early February in all parts of the country, but businesses reported they are under pressure to raise their prices.
A Federal Reserve survey released Wednesday showed that all 12 of the Fed's regions reported growth at a "modest to moderate pace" and it pointed to a pickup in job creation in each.
28. Fed Survey: Economic Growth Picks Up in Most of US
- Thursday, December 02, 2010
WASHINGTON (AP) – The U.S. economy improved this fall as factories produced more goods and shoppers spent more money.
A new survey by the Federal Reserve finds that 10 of the Fed's 12 regions reported economic growth picking up.
29. Fed Will Spend $600B in Latest Bid to Help Economy
- Friday, November 05, 2010
WASHINGTON (AP) – The Federal Reserve will sink $600 billion into government bonds in a bold plan that it hopes will drive interest rates even lower than they already are and start the chain reaction that finally creates jobs and invigorates the economy.
30. Fed Survey Points to Uneven Growth Across US
- Thursday, October 21, 2010
WASHINGTON (AP) — The U.S. economy grew unevenly in early fall, with more than half the regions of the country expanding modestly while others are struggling to grow.
A survey by the Federal Reserve released Wednesday found that seven of the Fed's 12 regions reported moderate improvements in business activity. Three regions — Philadelphia, Richmond and Cleveland — described economic activity as mixed or steady. Only two regions — Atlanta and Dallas — suggested economic growth was slow.
31. Fed Minutes: Debt Purchases Dominate Sept. Meeting
- Wednesday, October 13, 2010
WASHINGTON (AP) – A new program to pump up the economy through the purchase of Treasury bonds dominated Federal Reserve officials' discussions at their September meeting.
Minutes of the closed-door deliberations, released Tuesday, suggest Federal Reserve Chairman Ben Bernanke and his colleagues were closing in on a consensus to launch the debt-purchase program. The Fed also spoke at length about a strategy to boost spending by getting people to think prices could increase in the near future.
32. Fed Signals It Will Take Further Steps if Needed
- Wednesday, September 22, 2010
WASHINGTON (AP) – The Federal Reserve signaled Tuesday that it's worried about the weakness of the recovery and is ready to take further steps to boost the economy if needed.
Fed officials said they are also concerned that sluggish economic growth could prevent prices from rising at a healthy rate.
33. Fed Official Sees Bigger Risks in Future, Not Now
- Monday, August 16, 2010
WASHINGTON (AP) – When it comes to the economy, Thomas Hoenig seems more worried about the future than the present.
Hoenig, president of the Federal Reserve Bank of Kansas City, has been sending up flares all year that the Federal Reserve's easy-money stance could hurt the economy down the road. His big concerns: keeping rates low will unleash inflation and spur new speculative bubbles.
34. Fed Strikes More Cautious Tone on US Recovery
- Thursday, June 24, 2010
WASHINGTON (AP) — The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe's debt crisis poses a risk to it.
Wrapping up a two-day meeting Wednesday, the Fed in a 9-1 decision retained its pledge to hold rates at record-low levels for an "extended period." Doing so will energize the rebound.
35. Some Fed Banks Wanted Higher Emergency Loan Rate
- Wednesday, May 26, 2010
WASHINGTON (AP) - A new document shows three of the Federal Reserve's 12 regional banks made a push last month to bump up the interest rate banks pay the Fed for emergency loans.
The regional banks were in Kansas City, St. Louis and Dallas. They wanted to boost the discount rate to 1 percent from 0.75 percent. The rate doesn't directly affect borrowing costs for Americans.
36. Fed Keep Rates at Record Lows; Upbeat on Economy
- Thursday, April 29, 2010
WASHINGTON (AP) — The Federal Reserve sounded a more confident note Wednesday that the economy is strengthening but pledged to hold rates at record lows to make sure it gains traction.
Wrapping up a two-day meeting, the Fed in a 9-1 decision retained its pledge to hold rates at historic lows for an "extended period." Doing so will help energize the recovery.
37. Bernanke: Housing, Jobs Biggest Economic Hurdles
- Friday, April 09, 2010
WASHINGTON (AP) - Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday.
After suffering through the worst recession since the 1930s, the economy seems to have stabilized and is growing again, Bernanke said. But he warned: "We are far from being out of the woods. Many Americans are still grappling with unemployment or foreclosure or both."
38. Bernanke: Record-Low Rates Needed to Aid Economy
- Friday, March 26, 2010
WASHINGTON (AP) — Record-low interest rates are still needed to rev up the economic recovery, Federal Reserve Chairman Ben Bernanke told Congress on Thursday.
Bernanke, in testimony to the House Financial Services Committee, essentially repeated the rationale behind the Fed's decision last week to hold rates near zero. He cited still-fragile economic conditions, and noted that inflation is low, which gives the Fed leeway to keep rates at rock-bottom levels.
39. Bernanke to Wage Fresh Battle For Fed Powers
- Thursday, March 18, 2010
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke plans to wage a fresh battle against Senate efforts to scale back the Fed’s role in supervising the nation’s banks.
In testimony prepared for a House of Representatives hearing on Wednesday obtained by The Associated Press, Bernanke argued that the Fed factors in information it gets from its role as a regulator into its decisions on interest rates. And, Bernanke said its banking duties give the Fed insights into the health of the entire banking system.
40. Fed Holds Rates at Record Lows to Foster Recovery
- Wednesday, March 17, 2010
WASHINGTON (AP) - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.
But the Fed's assessment of the economy was a bit more upbeat. It said the job market is stabilizing. That was an improvement from its January statement, when it said the deterioration in the labor market was abating.
41. Fed May Hint At How Long Rates Will Stay at Lows
- Tuesday, March 16, 2010
WASHINGTON (AP) – Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates.
Higher rates are still months away, Chairman Ben Bernanke and other Fed officials have signaled in appearances on Capitol Hill and in speeches. They’ve indicated that low rates are still required to foster the economic rebound.
42. Fed Survey Finds Recovery Gaining Momentum
- Thursday, December 03, 2009
WASHINGTON (AP) - The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up production. That assessment Wednesday by the Federal Reserve marked its most upbeat view since the economy tumbled into recession two years ago.
43. Fed Survey Shows US Recession May be Over
- Thursday, September 10, 2009
WASHINGTON (AP) - Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over.
44. Fed Survey Sees Signs Recession is Easing
- Thursday, June 11, 2009
WASHINGTON (AP) - The economy's sharp downhill slide eased in the late spring and hopes for future business activity improved, suggesting that the worst of the recession has passed.
A Federal Reserve snapshot of economic conditions issued Wednesday found that five of the Fed's 12 regions said that the "downward trend is showing signs of moderating."
45. Fed Survey: Economy Deteriorated in Jan., Feb.
- Thursday, March 05, 2009
WASHINGTON (AP) - After a dismal start to 2009, business people see more pain ahead, expecting no improvement in economic conditions till late this year at the earliest.
Their pessimism was evident in the Federal Reserve's latest snapshot of business activity nationwide. It showed sharp cutbacks affecting both blue-collar jobs that once churned out construction equipment and white-collar professionals like business consultants and accountants.
46. Economy Starts '09 on Weaker Footing; Outlook Dim
- Thursday, January 15, 2009
WASHINGTON (AP) - The U.S. economy started the new year on weaker footing as recession-shocked Americans retrenched further, forcing retailers to ring up fewer sales and factories to cut back production.
47. Economists Weigh Bailouts’ Impact
- Tuesday, August 26, 2008
JACKSON, Wyo. (AP) – Do Washington policymakers listen too much to Wall Street? A possible bailout of Fannie Mae and Freddie Mac, on the heels of similar action involving investment firm Bear Stearns, seems to send a loud signal to financial companies that the government will clean up their messes.
48. Fed: Slower Growth, Rising Prices Slam Economy
- Thursday, July 24, 2008
WASHINGTON (AP) - The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.
The Fed's new snapshot of business conditions, released Wednesday, also underscored the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get the economy back on track.
49. Fed Chief Says Fed Must Stay Dynamic
- Friday, June 13, 2008
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke says the central bank must remain a "dynamic institution" to deal with economic and financial challenges.
The Fed, created in 1913 after a series of bank panics, is now fighting battles on multiple fronts. It is trying to shore up the fragile economy and financial markets, while at the same time trying to prevent inflation from flaring up.
50. Fed: Economy Weakened Further in the Spring
- Thursday, April 17, 2008
WASHINGTON (AP) - The country's economic health deteriorated further in the early spring as shoppers buckled under the strains of the housing and credit debacles and a weaker employment climate.
51. Fed Minutes Show Range of Rate Views From Regional Banks
- Thursday, January 10, 2008
WASHINGTON (Dow Jones/AP) - Reflecting a highly uncertain and divided monetary policy outlook, regional U.S. Federal Reserve banks supported three different scenarios for the discount rate last month, according to December meeting minutes released Tuesday.
52. Federal Reserve Cuts Interest Rate to Help Ease Strain of Housing Slump on Economy
- Thursday, November 01, 2007
WASHINGTON (AP) - The Federal Reserve sliced an important interest rate Wednesday - its second reduction in the last six weeks - to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months.
53. Personal Bankruptcy RateRemains High in State
- Monday, July 23, 2007
Several regions in the Southeast continue to see elevated numbers of consumer bankruptcy cases, a phenomenon some experts attribute in part to local culture.
Bankruptcy numbers over the
54. Archived Article: Telecheck P.2
- Thursday, September 07, 2000
August same-store retail sales rise 3 August same-store retail sales rise 3.8 percent Back-to-school shopping helped to boost August same-store retail sales 3.8 percent over the same period last year, according to data compiled by TeleCheck Services...
55. Archived Article: Pg. 2
- Wednesday, December 22, 1999
Holiday spending up; shoppers set record for season Holiday spending up; Saturday shoppers set record for season Sales during first 24 days Increase 5.8 percent nationwide Same-store sales for the first 24 shopping days of the Christmas season rose ...