WASHINGTON, Jan. 7 (UPI) -- The U.S. Federal Reserve said rising unemployment and weak consumer confidence would slow an economic recovery through 2009.
WASHINGTON, July 31 (UPI) -- A move by U.S. Federal Reserve policy makers to increase interest rates could slow inflation and bump up their credibility, analysts said.
WASHINGTON, July 15 (UPI) -- U.S. financial institutions remain stressed and the economy faces a slow recovery, Federal Reserve Bank Chairman Ben Bernanke said Tuesday.
WASHINGTON, June 4 (UPI) -- Inflation and wages rising in tandem, each pushing the other upward, could push the U.S. economy into a slump unseen since the 1970s, economists said.
SAN FRANCISCO, Sept. 10 (UPI) -- The U.S. economy faces growing "downside risks" with the financial crises but is so fluid that forecasts are tricky, a Federal Reserve official said Monday.
BOISE, Idaho, Sept. 7 (UPI) -- The head of the San Francisco Federal Reserve Bank suggested Thursday that the central bank may be close to another interest rate hike.
SAN FRANCISCO, March 14 (UPI) -- The Federal Reserve Bank of San Francisco said Monday productivity growth will likely slow down during the coming years.
WASHINGTON, June 26 (UPI) -- The Federal Reserve left short-term interest rates unchanged Wednesday, keeping the key federal funds target rate at 1.75 percent. The Fed's announcement came following the conclusion of its two day Federal Open Market Committee meeting and amid a U.S. e