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Jason Lange

IMF chief bashes economic theory embraced by U.S. leftists

Apr 11 2019

WASHINGTON The head of the International Monetary Fund on Thursday panned an idea gaining currency in U.S. left-wing circles that Washington could borrow much more aggressively without harming the economy.

Citing global slowdown, Fed sees no changes to rates in 2019

Apr 10 2019

WASHINGTON The Federal Reserve is likely to leave interest rates unchanged this year given risks to the U.S. economy from a global slowdown and uncertainty over trade policies and financial conditions, according to the minutes from its March 19-20 policy meeting.

Global economy cooling, coordinated stimulus may be needed: IMF

Apr 09 2019

WASHINGTON The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year. | Video

IMF cuts global growth outlook amid trade tensions, Brexit worries

Apr 09 2019

WASHINGTON The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and said growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.

Fed's Bowman sees echoes of 1980s crisis in current farm struggles

Mar 28 2019

The Federal Reserve is closely tracking the recent increase in farm bankruptcies which is a signal of stress in the agricultural economy, Fed Governor Michelle Bowman said on Thursday.

In foreboding sign for U.S. economy, factory sector softens

Mar 22 2019

WASHINGTON U.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the housing market showed signs lower interest rates were giving it a boost.

U.S. existing home sales surge, boosted by Fed's signal on rates

Mar 22 2019

WASHINGTON U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest rate hikes by the Federal Reserve was starting to boost the U.S. economy.

UPDATE 1-U.S. existing home sales surge, boosted by Fed's signal on rates

Mar 22 2019

WASHINGTON, March 22 U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest rate hikes by the Federal Reserve was starting to boost the U.S. economy.

U.S. existing home sales surge, boosted by Fed's signal on rates

Mar 22 2019

WASHINGTON, March 22 U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest hikes by the Federal Reserve was starting to boost the U.S. economy.

The Fed is prodding Americans to buy more on credit

Mar 21 2019

WASHINGTON The Federal Reserve's decisive statement this week that interest rates are unlikely to rise this year sends a signal to U.S. households: keep buying stuff.

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