FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. (AP Photo/Jacquelyn Martin, File)
(AP Photo/Jacquelyn Martin, File)
AP News
August 27, 2020 - 11:54 am
The Federal Reserve announced a significant change in how it manages interest rates.
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Donald & Melania Trump
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Jeff Katz
November 26, 2019 - 6:24 pm
Families across America will be shelling out less money for Thanksgiving dinner this year than they have in more than 10 years. According to the American Farm Bureau's survey of classic things found at at a Thanksgiving dinner, he traditional Thanksgiving dinner for 10 will cost $48.91. Adjusted...
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(AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 2:19 pm
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which...
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Trays of printed social security checks wait to be mailed from the U.S. Treasury's Financial Management services facility in Philadelphia.(AP Photo/Bradley C. Bower, File)
(AP Photo/Bradley C. Bower, File)
October 11, 2018 - 11:43 am
By RICARDO ALONSO-ZALDIVAR , Associated Press WASHINGTON (AP) — Tens of millions of Social Security recipients and other retirees will get a 2.8 percent boost in benefits next year as inflation edges higher. It's the biggest increase most retired baby boomers have gotten. Following a stretch of low...
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(AP Photo/Carolyn Kaster, File)
June 13, 2018 - 2:54 pm
By MARTIN CRUTSINGER , AP Economics Writer WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes...
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