•  
  •  
Global worries kept Fed from hiking rates in September

...term," the minutes said.The Fed's action was approved on a 9-1 vote with Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, dissenting. The minutes said that Lacker argued that the current inflation developments were likely...

http://chronicle.augusta.com/news/business/2015-10-08/global-worries-kept-fed-hi
Markets drop over China fears, drug costs

...concerns about the outlook for growth in China, investors have also been worried about U.S. interest rates. Federal Reserve Bank of New York President William Dudley said in an interview with The Wall Street Journal on Monday that he expects...

http://chronicle.augusta.com/news/business/2015-09-28/markets-drop-over-china-fe
Chinese stock index jumps 5.3 percent as Asian stocks rise

...largest since Oct. 28, 2008.Traders were encouraged by comments from William Dudley, president of the New York Federal Reserve Bank, that the case for a U.S. interest rate hike in September is "less compelling to me than it was a few weeks...

http://chronicle.augusta.com/news/business/2015-08-27/chinese-stock-index-jumps-
US stocks jump after Chinese market surges

...interest rate for the first time in nearly a decade later this year.William Dudley, president of the New York Federal Reserve Bank, said Wednesday that the case for a U.S. interest rate hike in September is "less compelling" given China's...

http://chronicle.augusta.com/news/business/2015-08-27/us-stocks-jump-after-chine
Fed official says September rate hike 'less compelling'

WASHINGTON - The head of the New York Federal Reserve Bank said Wednesday he's less inclined to support a Fed rate hike in September amid recent global turmoil, including falling oil...

http://chronicle.augusta.com/news/business/2015-08-26/fed-official-says-septembe
Is now time for a Fed rate hike? Here are 2 clashing views

...mostly reflects the plunge in energy prices in the second half of last year. Jeffery Lacker, president of the Federal Reserve Bank of Richmond, notes that since January, overall prices have risen at a 2.2 percent annual rate.Some economists...

http://chronicle.augusta.com/news/business/2015-09-16/now-time-fed-rate-hike-her
No checks, please: IRS no longer takes checks for $100M

...reject all checks for more than $99,999,999. That's because check-processing equipment at the nation's Federal Reserve banks can't handle checks that big.Checks of $100 million or more have to be processed by hand, increasing the...

http://chronicle.augusta.com/news/business/2015-09-14/no-checks-please-irs-no-lo
US stock surge snaps 6-day losing streak on Wall Street

...for Prudential Financial.Another factor was believed to be a comment on Wednesday from the head of the New York Federal Reserve Bank, William Dudley, who said that because of the slowdown in China and other reasons, the case for the Fed to raise...

http://chronicle.augusta.com/news/business/2015-08-26/us-stocks-surge-snapping-6
Augusta advisers downplay market decline

...not to a threatening level, but simply correcting itself back to long-term averages. Low cost funds from the Federal Reserve Bank have fueled the steady market rise, he said, where investors borrow cheaply and put the money into risky assets...

http://chronicle.augusta.com/news/business/2015-08-24/augusta-advisers-downplay-
US industrial output falls for 5th month on lower drilling

...showed that U.S. manufacturers are slowly adjusting to the challenges of a strong dollar and low oil prices.The Federal Reserve Bank of New York said that its Empire State manufacturing index rose to a plus 3.09 reading in May, up from a negative...

http://chronicle.augusta.com/news/business/2015-05-15/us-industrial-output-falls