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federal reserve system

Fed Leaves Interest Rates Unchanged as Low Inflation Persists

Fed Leaves Interest Rates Unchanged as Low Inflation Persists

Jerome H. Powell, the Federal Reserve chairman, is continuing the Fed’s “patient” stance as it considers whether to raise or lower interest rates.
Trump Won’t Nominate Stephen Moore for Fed Board

Trump Won’t Nominate Stephen Moore for Fed Board

Stephen Moore was the second of President Trump’s potential Fed picks to withdraw in recent weeks over concerns about his views and attitudes toward women.
Trump Won’t Nominate Stephen Moore for Fed Board

Trump Won’t Nominate Stephen Moore for Fed Board

Stephen Moore was the second of President Trump’s potential Fed picks to withdraw in recent weeks over concerns about his views and attitudes toward women.
Trump Won’t Nominate Stephen Moore for Fed Board

Trump Won’t Nominate Stephen Moore for Fed Board

Stephen Moore was the second of President Trump’s potential Fed picks to withdraw in recent weeks over concerns about his views and attitudes toward women.

The Sabotage Years

What we now know about G.O.P. economics.

Federal Reserve Warns as Risky Corporate Debt Exceeds Peak Crisis Level

Defaults on the loans — known as leveraged lending — remain low, but the Fed warned that could change if the economy faltered.

Federal Reserve Warns as Risky Corporate Debt Exceeds Peak Crisis Level

Defaults on the loans — known as leveraged lending — remain low, but the Fed warned that could change if the economy faltered.
Fed Officials Sound an Alarm, Worrying Weak Inflation Could Last

Fed Officials Sound an Alarm, Worrying Weak Inflation Could Last

Lael Brainard, a Federal Reserve governor, at a meeting in Washington last year. On Thursday, she said the potential inflation on imports caused by President Trump’s tariffs could help the central
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

Wael Ghobrayal, an Egyptian immigrant, bought a taxi medallion for $890,000 and now cannot make his loan payments.
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

Wael Ghobrayal, an Egyptian immigrant, bought a taxi medallion for $890,000 and now cannot make his loan payments.
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

Wael Ghobrayal, an Egyptian immigrant, bought a taxi medallion for $890,000 and now cannot make his loan payments.
The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed.

The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed.

The Fed’s struggle to coax inflation to its 2 percent target signals the faltering of a foundational economic relationship. That could create a problem in the next recession.
The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed.

The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed.

Carolyn Roy, the owner of Biscuit Head, at her restaurant in Asheville, N.C. Despite low unemployment and higher wages, prices at businesses like Biscuit Head haven’t risen much.
Trump Team Vets Fed Critic for Board Seat

Trump Team Vets Fed Critic for Board Seat

Judy Shelton, a longtime Fed critic who favors gradually taking interest rates to zero, is being considered for a seat on the board of governors.
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
Fed Minutes Show Officials in No Rush to Change Interest Rates

Fed Minutes Show Officials in No Rush to Change Interest Rates

Federal Reserve officials said they were committed to a “patient approach,” even if the economy strengthened, and some were worried about persistently low inflation.