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A modernized version of the Taylor rule suggests keeping the fed funds rate target near current levels through 2021, Federal Reserve Bank of St. Louis President James Bullard said Thursday.
October 18 -
Kelly Jin, a former White House adviser, will work to streamline analytical and data practices in the Big Apple.
October 17 -
President Donald Trump called the Federal Reserve his “biggest threat,” again criticizing the central bank for endangering economic growth through interest-rate hikes.
October 17 -
New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.
October 16 -
Janet Yellen cautioned that Donald Trump’s criticism of Federal Reserve policy threatens the institution she ran for four years, adding that it’s “not a desirable thing for a president to comment so explicitly on Fed policy.”
October 15 -
John Taylor, once considered a finalist to run the Federal Reserve, played down concerns that President Donald Trump’s criticism of the U.S. central bank would undermine the institution’s independence.
October 12 -
In this year alone, the city awarded more than $3.7 billion to minority and women-owned business enterprises.
October 10 -
President Donald Trump said the Federal Reserve is moving too fast with interest-rate increases and dismissed concerns about inflation.
October 10 -
U.S. interest-rate increases will help reduce risk-taking in financial markets, Federal Reserve Bank of New York President John Williams said.
October 10 -
The better-than-expected growth rates in the U.S. economy are set to dissipate unless productivity picks up, Federal Reserve Bank of St. Louis President James Bullard said.
October 9