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Worker skills appear to be roughly as well matched to the labor market as they were before the recession, according to a Federal Reserve report about the economy of the Southeast. The annual report from the Fed's Atlanta district, which includes
Miss. (AP) — The president of the Federal Reserve Bank in Atlanta says the Fed should act to further stimulate growth if the economy doesn't improve by year's end. But speaking Friday to the Mississippi Economic Council, Dennis
A voting member of the Federal Reserve 's policy-setting body suggested on Friday he has joined the camp of those who believe more monetary stimulus is needed unless the outlook improves. "My support for the current stance of policy rests on a
recent trading debacle still very much in the news, there has been much discussion revolving around Jamie Dimon's involvement in the incident, as well as his kid-glove treatment by various government entities before which he has testified. While the
The U.S. economy expanded at a moderate pace between early April and late May, though turmoil in Europe and political uncertainty in the U.S. worried some employers, the Federal Reserve said in a report released Wednesday. The economy expanded at a
A voting member of the Federal Reserve's policy committee says the Fed may need to consider more action if the economy weakens further. Dennis Lockhart, president of the Fed's Atlanta regional bank, says dismal job growth in May
With fewer competitors writing mortgages, originators were not under as much pressure to pass on decreases in rates for mortgage-backed securities to homeowners, the research showed. This suggests that the weaker link between MBS yields and primary
The unemployment rate fell to 8.1% in April despite terrible payroll numbers. On the one hand, it seems like a lower unemployment rate has to be good news. On the other hand, many commentators have pointed out that the numbers are flat out misleading.
The Federal Reserve should stay on the sidelines, keeping its powder dry in case the economy weakens, a voting regional president said Tuesday...Lockhart, a voting member of the Federal Open Market Committee, is seen by Fed watchers as a centrist, so
Chairman Ben Bernanke says that the Federal Reserve is working to address the regulatory failures that were exposed by the 2008 financial crisis. But he cautions that as the financial system evolves, new risks will emerge.