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Fed promises 'patient' approach in determining when to raise interest rates

...forecast Wednesday, the Fed lowered its inflation forecast for next year to between 1 percent and 1.6 percent.Energy prices have plunged since the Fed last met in October, with oil reaching a five-year low. That price drop is reducing...

http://chronicle.augusta.com/news/business/2014-12-17/fed-promises-patient-appro
Economists forecast fast growth in 2015

...higher gear next year, reflecting continued job gains and a boost in consumer spending linked to the recent big drop in energy prices. The 3.1 percent forecast for 2015 is up slightly from a 3 percent projection the NABE panel made in September...

http://chronicle.augusta.com/news/business/2014-12-08/economists-forecast-fast-g
US stocks slide the most in two months

...trading and derivatives with the Schwab Center for Financial Research. "There is an over-reaction to these lower energy prices, which is what we seem to be seeing right now, where it becomes more panic selling."The Standard & Poor's 500...

http://chronicle.augusta.com/news/business/2014-12-10/us-stocks-slide-most-two-m
Why drop in oil prices could squeeze US economy

...the fourth quarter because of lower fuel prices.When energy prices fall because of rising supplies, it can help the economy...of turmoil in the Middle East.But a sharp fall in energy prices often results from weakening economic growth, and the...

http://chronicle.augusta.com/news/business/2014-10-13/why-drop-oil-prices-could-
Mixed forecasts made for winter

...said.A U.S. Department of Trans portation outlook predicts a warmer winter than usual along with slightly lower energy prices during the next three months.Georgia had one of its coldest Januaries ever last year, when the average temperature...

http://chronicle.augusta.com/news/metro/2014-10-09/mixed-forecasts-made-winter
Federal Reserve ends bond-buying stimulus

...inflation running persistently below its 2 percent target has diminished, even though inflation is being slowed by lower energy prices and other factors. It noted that expectations for inflation have remained stable, something it strives to achieve...

http://chronicle.augusta.com/news/business/2014-10-29/federal-reserve-ends-bond-
US economy shrank at 2.9 percent rate last quarter, worst since recession, before recovering

...possibility that tensions in the Middle East could cause oil prices to surge given the deteriorating crisis in Iraq.Surging energy prices have preceded earlier economic slowdowns, including the most recent recession.

http://chronicle.augusta.com/news/business/2014-06-25/us-economy-shrank-29-perce
US auto sales surge in August to month's highest level in years

...said Kurt McNeil, U.S. vice president of sales operations. "Car-buying fundamentals like employment and energy prices are in good shape, consumer confidence has reached a post-recession high and business investment is increasing...

http://chronicle.augusta.com/news/business/2014-09-03/us-auto-sales-surge-august
Why back Obama still?

Fuel prices are on the rise ? twice what they were in 2008. Energy prices are on the rise ? 13 cents per kilowatt-hour, higher now than at any previous time. Food prices are on the rise. Inflation...

http://chronicle.augusta.com/opinion/letters/2014-05-06/why-back-obama-still
Tips to keep your heating bill lower

...boiler or furnace.These investments can pay for themselves in heating savings in just a few years, especially when energy prices are high.Switching from oil heat to natural gas is expensive ? it costs $5,000 to $10,000, depending on how...

http://chronicle.augusta.com/news/business/2013-10-12/tips-keep-your-heating-bil