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Federal Reserve

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Meet person responsible for keeping inflation from spiraling out of control

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Jerome Powell, seated at left, is the current Fed chair, but some progressives want him replaced with Lael Brainard, right. AP Photo/Manuel Balce Ceneta  –...
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Wages up as Americans are encouraged back to work and into the office

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“Heigh-ho, heigh-ho, it’s back to work we go.” Klaus Vedfelt/Getty Images – 3 takeaways from the latest jobs report by Christopher Decker, University of Nebraska Omaha After a...
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CRL statement on the Federal Reserve’s plan to revamp the Community Reinvestment Act

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CRA must help address systemic racial barriers and inequality, and it must benefit LMI and families of color   WASHINGTON, D.C. – This week in a...
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In 2014, US economy began shaky, finished strong

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WASHINGTON (AP) — The U.S. economy flexed its old muscles in 2014. More than five years removed from the Great Recession, worries had taken hold...
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Top business stories of 2014: US grows, world slows

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NEW YORK (AP) — This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world. The global economy...
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How well did the Fed's stimulus work?

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NEW YORK (AP) — Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the...
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Average US 30-year mortgage rate at 3.97 percent

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WASHINGTON (AP) — Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields...
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U.S. consumer borrowing jumps by most in 3 years

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WASHINGTON (AP)—U.S. consumers stepped up their borrowing in July, led by rising auto loans and higher credit card balances. The Federal Reserve said Monday that...
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Fed to play lesser role

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(NNPA)—There are two ways to end a recession.  One is to increase federal spending on the theory that people will spend more money when...

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