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...

With economy uncertain, no Fed rate hike is seen before fall

...hold U.S. inflation below the Fed's long-run target of 2 percent rate.William Dudley, president of the Federal Reserve Bank of New York, suggested last week that the stronger dollar would likely depress growth this year. Dudley's comments...

Federal Reserve Bank explains trade through comic book

NEW YORK -- Holy exchange rate, Batman! The Federal Reserve Bank of New York has done another comic book. The Story...or other comics can be obtained by calling the Federal Reserve Bank of New York at (212) 720-6134 or writing to...

Unemployment rate for recent college grads rose in 2014

...recent college grads are struggling.In a report last year, researchers Bart Hobjin and Leila Bengali at the Federal Reserve Bank of San Francisco found that wages for recent college graduates haven't kept up with overall wages since the Great...

5 Questions: Dennis Lockhart praises Ben Bernanke

...chairwoman.Dennis Lockhart, the president of the Federal Reserve Bank in Atlanta, has worked with both economists. Here...Fed. By virtue of having been the San Francisco Federal Reserve Bank president, she knows all about supervision and...

Vadie Honea

...family and friends. After her husband, Hiram, was offered the opportunity to serve as Vice President of the Federal Reserve Bank, Birmingham Branch, they moved to Alabama. She moved her membership to Green Valley Baptist Church in Hoover...

Fed sold dollars to prop up Japanese yen

...month to prop up the faltering Japanese yen. The Federal Reserve Bank of New York on Thursday provided the first details...similar amount. But in its quarterly report, the Federal Reserve Bank of New York said the sum was $833 million. "It...

Large student debt load limits young Americans' home-buying

...keep up with steadily-rising student debt loads, a burden that is limiting their ability to buy homes.The Federal Reserve Bank of New York said Tuesday that the percentage of student loans 90 days or more overdue rose to 11.3 percent in...

Economic breakfast: Augusta tops in job growth, but could use quality of life improvement

...are going to move here."Some factors that could affect Augusta's economy this year included policies of the Federal Reserve Bank and the slowing global economy, but there is a pick up from the lower oil prices. Medcalfe said the current gas...

Biz Bits

...can be doneJACKSON, MISS. - The president of the Federal Reserve Bank in Atlanta says the Fed should act to further stimulate...Fed knew banks manipulated rateWASHINGTON - The Federal Reserve Bank of New York released documents Friday that show...