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Business coverage by grad students at the Medill School of Journalism

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FOMC

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Fed’s Plosser wants a more transparent U.S. central bank

October 10, 2014October 10, 2014 Lei Xuan 0 Comments FOMC, Philly Fed, Plosser, SABEWfall2014

Philadelphia Federal Reserve President Charles Plosser, an outspoken inflation hawk, said the Fed’s next interest rate move should be governed by data rather than a fixed date, referring to the Fed’s policy language that rates could stay low for “a considerable time.”

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Fed signals stronger economy, stays course on reducing bond purchases

April 30, 2014 Lingjiao Mo 0 Comments Federal Reserve, FOMC, GDP, interest rate, Janet Yellen

The Federal Reserve scaled back its bond-buying stimulus program by another $10 billion as it saw signs the economy has thawed after this year’s severe winter weather.

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Low unemployment rate has all eyes on Fed

December 6, 2013December 6, 2013 John Seasly 0 Comments bonds, economy, Federal Reserve, FOMC, unemployment

Investors are looking to the drop in November’s jobless rate to 7 percent, the lowest level in five years, as a predictor of the Federal Reserve’s behavior at its meeting Dec. 17 and 18. At the meeting, the Fed will decide whether or not to taper its bond-buying program.

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Fed, insecure about the housing market, keeps rates low through 2014

January 26, 2012January 31, 2012 Preeti Upadhyaya 0 Comments fed funds rate, Federal Reserve, FOMC, housing market, interest rates, jobs

The Federal Reserve’s decision to keep interest rates at their super-low levels reflects its concern about the state of the economic recovery in general, especially the connected future of the housing and job markets.

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Federal Reserve says economy is “leveling out”

August 12, 2009August 13, 2009 meganmollmann 0 Comments economy, Federal Funds Rate, Federal Reserve, FOMC, leveling out

Flickr.com/David C. Pearson BY MEGAN MOLLMANN – MEDILL NEWS SERVICE The stock market is making gains. Housing sales are showing signs of life. And the

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Fed: End of recession near, unemployment still on the rise

July 16, 2009July 19, 2009 Jordan Melnick 0 Comments Daley, Fed, FOMC, jobless claims, recession, unemployment

BY JORDAN MELNICK — MEDILL NEWS SERVICE Here’s a variation on an old favorite: If an economy climbs out of

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