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The nontraditional tools Loretta Mester was referencing include the Fed pushing its interest rate target all the way to zero and then engaging in large-scale bond purchases, or quantitative easing. (AP Photo)
Economy

Fed official warns of risks of waiting too long to raise rates

Joseph Lawler -
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James Bullard, president of the Federal Reserve Bank of St. Louis, estimated that the Fed may only raise its short-term interest rate target to 0.63 percent by 2018. (Nicky Loh/Bloomberg)
Economy

Fed official gives up on rate hikes, says Fed’s narrative has ‘outlived its usefulness’

Joseph Lawler -
0
Inflation edged higher in May, the Bureau of Labor Statistics reporting Thursday. (AP Photo/Don Ryan, File)
Economy

Consumer prices slip in May, but soaring rents push up core inflation

Joseph Lawler -
0
Everyone Has His Price
Magazine

Everyone Has His Price

Joseph Epstein -
0
The Labor Department reports on U.S. consumer prices for April. The Fed has an inflation target that translates to roughly 2.3 percent in the Consumer Price Index. (AP Photo/Mark Lennihan)
Economy

Inflation bounces back in April as energy prices fastest since 2013

Joseph Lawler -
0
U.S. employment could be higher than what's consistent with a healthy economy, speculated James Bullard, president of the Federal Reserve Bank of St. Louis. (Chris Goodney/Bloomberg)
Economy

Fed official: Economy may be ‘well beyond’ full employment

Joseph Lawler -
0
More disappointing signs for Fed in inflation data
Economy

More disappointing signs for Fed in inflation data

Joseph Lawler -
0
Federal Reserve officials announced Wednesday that they would hold interest rates rates steady. (AP Photo/Manuel Balce Ceneta)
Economy

Fed holds rates steady for third straight meeting, sees fewer risks from abroad

Joseph Lawler -
0
New York Federal Reserve President William Dudley said Monday that the economy is strong enough for the central bank to tighten the money supply further, but only if such moves are
Economy

NY Fed chief says rate hikes will be ‘gradual and cautious’

Joseph Lawler -
0
Inflation slows to 0.9 percent rate in March
Economy

Inflation slows to 0.9 percent rate in March

Joseph Lawler -
0
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