Howard Schneider And Jason Lange

Stories by Howard Schneider And Jason Lange

Fed raises interest rates for first time in a decade in 'dovish hike'

Rediff.com 17 Dec 2015

The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle

Fed keeps faith in recovery, bumps up expected rate-hike path

Rediff.com 19 Jun 2014

At the same time, however, officials at the central bank lowered their projections for the long-run target interest rate, evidence of slightly diminished expectations for a nation climbing out of a severe crisis and struggling with demographic headwinds like declining labor force participation.