The FOMC said the labor market continued to improve and underutilization of labor has diminished. The Fed said it will be appropriate to raise the Fed funds rate when it has seen further improvement in the labor market and is reasonably confident inflation will move back to its 2% objective over the medium term. read more

JUL 30, 2015 - 6:38 am

According to the most recent Beige Book, economic activity expanded from mid-May through June in all 12 sectors. The majority of those sectors grew at either a moderate or modest pace. read more

JUL 17, 2015 - 6:59 am

According to latest Beige Book from the Federal Reserve, the economy expanded from early April to late May. The report notes the downturn in oil and gas industry tempered manufacturing growth. read more

JUN 5, 2015 - 7:19 am

Bloomberg reported that the Fed’s San Francisco president John Williams said the U.S. will likely raise interest rates later this year as the economy recovers from a weak first quarter. read more

MAY 28, 2015 - 7:05 am

Bloomberg notes in a report on a recent FOMC statement that the appetite for economic risk-taking of U.S. companies remains low, particularly when it comes to investing in new production capacity and equipment. read more

APR 30, 2015 - 7:25 am

Bloomberg said Citigroup, Morgan Stanley, Goldman Sachs and JPMorgan Chase won approval from the Federal Reserve for their plans to return capital to shareholders. Bank of America got a conditional pass requiring it to resubmit its plan. read more

MAR 13, 2015 - 7:17 am

The largest U.S. banks continue to build their capital levels and strengthen their ability to lend during a period marked by severe recession and financial market volatility, according to results of stress tests by the Fed. read more

MAR 9, 2015 - 7:07 am

According to the latest Fed Beige Book, reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early January through mid-February. read more

MAR 5, 2015 - 6:26 am

According to the most recent Fed Beige Book report, most Districts reported a “modest” or “moderate” pace of growth. However, the report notes most contacts say they “expect somewhat faster growth over the coming months.” read more

JAN 15, 2015 - 12:17 am

Bloomberg reported the Federal Reserve confirmed being “patient” on interest rates means no increase before late April. Risks from overseas are largely offset by domestic strength. read more

JAN 8, 2015 - 12:23 am

The Federal Reserve reported in its Beige Book that national economic activity continued to expand in October and November. The Fed noted that employment gains were widespread across districts. read more

DEC 4, 2014 - 7:09 am

Bloomberg reported that Fed officials dismissed recent turmoil in global financial markets and focused instead on “solid” employment gains that will keep them on a path toward an interest rate increase next year. read more

OCT 30, 2014 - 7:32 am