WASHINGTON, March 18 (UPI) -- The U.S. Federal Reserve cut the federal funds rate to 2 1/4 percent Tuesday in a bid to bolster confidence on Wall Street.
MILWAUKEE, Nov. 8 (UPI) -- Another interest-rate cut is more likely than a rate hike, Federal Reserve Bank of St. Louis President William Poole said in Milwaukee Wednesday.
NEW YORK, Feb. 9 (UPI) -- U.S. stock indexes fell Friday after two Federal Reserve officials said inflation pressures could prompt an interest rate hike.
ST. LOUIS, Feb. 9 (UPI) -- St. Louis Federal Reserve bank President William Poole said Friday unexpectedly strong growth could spur the central bank to raise interest rates.
PALM BEACH, Calif., March 8 (UPI) -- The U.S. current account deficit might shrink as the populations of Europe and Japan grow older, the head of the Federal Reserve Bank of St. Louis.