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Fed's Clarida says economy facing risks while inflation remains muted

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Senior economics reporter






Federal Reserve Vice Chairman Richard Clarida on Friday said the economy is facing "evident" risks, while inflation remains muted.In a speech in Washington, Clarida didn't say much about what action the central bank may take at its meeting in two weeks in light of the risks and low inflation.

Dimon says money-market turmoil last month risks morphing into a crisis if Fed falters

As a result, Dimon said his firm, and other major money-center lenders, couldn’t step in and sop up Treasury debt, in the so-called repo market at a key period.17%










has $120 billion parked at the Fed now, Dimon said.

Philly Fed manufacturing index stumbles in October

The numbers: The Philadelphia Federal Reserve said Thursday its gauge of business activity fell to 5.On the plus side, the index for new orders and the number of employees rose.

Fed Unveils Plan to Expand Balance Sheet but Insists It’s Not Q.E.

E.By expanding its balance sheet, the Fed will increase the financial system’s supply of bank reserves, which are currency deposits at the central bank.

Fed grew more worried about economy at September meeting, minutes show

There was even talk about possible recession, with several Fed officials noting that the probability of a recession “had increased notably in recent months.During their meeting, a few Fed officials pledged to be vigilant about signs of a softening in the labor market.

Fed Officials Voice Concern About Slowdown’s Effect on Hiring

The moves are meant to insulate the economy from major fallout as trade tensions stoke uncertainty and a global slowdown bleeds into American factories.To achieve those goals, policymakers adjust interest rates to try to keep the economy growing at a steady and sustainable pace.

Fed’s Mester says September job report was ‘pretty solid’

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Cleveland Fed President Loretta Mester is not a voting FOMC member this year.And the Cleveland Fed president downplayed the deceleration in wages seen in the data, saying that overall wage growth can sustain consumer spending.

Another Fed Rate Cut Is Expected After Weak Economic Data

Then a flurry of bad economic data rolled in.ImageInvestors have raised their expectations for a rate cut at the Federal Reserve’s meeting on Oct.

Risk of recession isn’t high as long as Fed gets policy right, Clarida says

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Fed Vice Chairman Richard Clarida









The probability of a recession is not high if the Federal Reserve can set the right interest-rate policy, Fed Vice Chairman Richard Clarida said Thursday.The risk of a recession remains low “with appropriate monetary policy,” Clarida said during a question-and-answer session sponsored by the Wall Street Journal.

The Fed, Long Dominated by White Men, Is Trying to Change

Three in four Fed economists are men and a majority of those are white.But a few years ago, officials at the Fed Board in Washington realized that entry-level hiring criteria were exacerbating the lack of diversity early in the Fed’s hiring pipeline.

The New York Fed Chief Is Facing His Biggest Test. Here’s His Response.

But those moves are central to the New York branch’s mission as the Fed’s primary conduit to — and supervisor of — Wall Street.His early tenure in New York had not been smooth sailing, even before the market hiccups this month.

Fed should ‘hold firm’ on interest rates, Harker says

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Philadelphia Fed President Patrick Harker is shown doing a television interview during the Fed’s Jackson Hole summer retreat.The economy does face downside risks, Harker said, mostly posed by trade and international developments and “the uncertainty they breed.

Fed's Kashkari backs half-point rate cut given slowing labor market

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Senior economics reporter






Minneapolis Fed President Neel Kashkari on Tuesday said he thinks the central bank's benchmark interest rate needs to be a half-point lower given nascent signs of a slowdown in the labor market.In an interview with the Washington Post, Kashkari said he had pushed his colleagues for a more aggressive rate cut last week.

Fed’s Clarida says U.S. economy is fine but global outlook is getting worse

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Fed Vice Chairman Richard Clarida said the U.Right now, the majority of Fed officials do not see elevated risks of financial instability, he said.

Fed lowers interest rate by a quarter-point, and is open to the idea of more easing

The Federal Reserve Wednesday lowered its benchmark interest rate by a quarter-point, and expressed an openness to more easing.Boston Fed President Eric Rosengren and Kansas City Fed President Esther George voted against the move because they wanted the Fed to hold rates steady.

Fed decision and Jerome Powell press conference: live blog and video

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Federal Reserve Board Chairman Jerome Powell speaks during his news conference in July.The Federal Reserve makes its interest rate decision and also releases new versions of its dot plot and economic projections and Chairman Jerome Powell will address the media afterwards.

Fed lowers interest rate by a quarter-point, and is open to the idea of more easing

The Federal Reserve Wednesday lowered its benchmark interest rate by a quarter-point, and expressed an openness to more easing.Boston Fed President Eric Rosengren and Kansas City Fed President Esther George voted against the move because they wanted the Fed to hold rates steady.

3 things to watch as Fed meets on interest rates

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Fed Chairman Jerome Powell said earlier this month that the central bank doesn’t expect a recession.The Fed is expected to cut its benchmark interest rate by a quarter percentage point to a range of 1.

Fed Chair Powell Speaks and Leaves Investors Expecting a Rate Cut

“The Fed has, through the course of the year, seen fit to lower the expected path of interest rates,” Mr.His remarks are the Fed’s last chance to foreshadow whether the central bank will cut rates at its next meeting on Sept.

Fed’s Beige Book finds steady or improving activity outside of manufacturing and farm sectors

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Back-to-school shopping mitigated some slowing in retail sales in August, the Fed’s Beige Book found.What happened: The overall economy expanded at the same “modest pace” seen in earlier reports this year, the survey said.