The economy in the U.S. showed signs of emerging from the effects of the winter storms that have curbed growth in early 2014 as employers added more workers than projected in February.
Employers added more workers than projected in February, indicating the U.S. economy is starting to shake off the effects of the severe winter weather that slowed growth at the start of 2014.
Consumer borrowing in the U.S. rose at a slower pace in January as Americans cut back on their credit-card purchases.
Republican lawmakers are seizing on a monetary-policy debate that’s older than the Federal Reserve itself as a means of hemming in the central bank as it enters its second century.
Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Jan. 29.
Targeting a higher inflation rate was among the policy alternatives presented to Federal Reserve officials in December 2008 as they considered ways to shore up a teetering economy, transcripts of the session show.
The U.S. Treasury Department said it will resume sales of State and Local Government Series nonmarketable Treasury securities at noon today in Washington.
A hard landing in China would hobble global growth and buoy the dollar, says Societe Generale SA in a study that war-games the international implications of a steep decline in China’s expansion.
Payrolls rose less than projected in January and the jobless rate unexpectedly dropped to the lowest level in more than five years, clouding the outlook for the U.S. economy and Federal Reserve.
The following is a reformatted version of prepared remarks today by Federal Reserve Chairman Janet Yellen in testimony in Washington to the House Financial Services Committee:
William Poole, DMJ’s Jones Discuss Fed Decision