Fed's Fisher: Focus on education to boost economy
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BILOXI, Mississippi  - Federal Reserve Bank of Dallas President Bank Richard Fisher said on Saturday that education is key to keeping the United States competitive in a globalized economy.
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Dallas Federal Reserve Bank  President Richard Fisher said on Friday inflation may have  "turned the corner," but that he would like to see inflation  well below 2 percent.
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The U.S. economy is in troubled waters and the Federal Reserve needs to be ready to step in with a helping hand, a top official at the central bank said on Monday.
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WASHINGTON -- Inside the U S Federal Reserve headquarters, a small team is testing a forecasting program that does the work of hundreds of economists. Never before has the Fed been able to crunch in real time such a large mountain of data -- as many as 150 indicators -- to divine where the economy is headed.
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US Federal Reserve chairman Ben Bernanke says a fiscal stimulus programme could lift the US economy.
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Federal Reserve chairman Alan Greenspan and his central bankers gave the national economy a vote of confidence yesterday and raised the key federal funds interest rate by a quarter-point.
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U.S. economic growth should rebound in the course of 2007 after hitting a soft patch in the first quarter and the main threat to the economy is inflation, a top Federal Reserve official said on Friday.
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Prompt action is needed to fund pensions for the ageing US population, the head of Federal Reserve has said. Alan Greenspan told a Fed-sponsored symposium that workers face the prospect of either higher taxes or a raised retirement age.
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The OECD called on Tuesday for the  Federal Reserve to tighten interest rates a bit more as it  projected U.S. economic expansion was set to stay solid this  year before easing slightly in 2007.
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Investor's Business Daily - Dallas Fed President Richard Fisher said last Tue.&#39;s surprise 50-basis- point cut in the fed funds rate should help the U.S. economy grow faster than it was before the decision. &quot;There was room to cut, the question was by how much. We decided by 50 basis points . . . that was to provide a little more oomph to economic growth,&quot; he said. Markets had expected a quarter-point cut. Fisher said future rate moves could go in either direction.
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Dallas Federal Reserve President Richard Fisher on Thursday joined a chorus of officials warning that high inflation ties the hands of the U.S. central bank in its bid to blunt a sharp slowdown in the world's largest economy by lowering interest rates.
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The fact that the Fed is poised to raise interest rates once again signals that the economy may be reviving.
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A U.S. senator plans to introduce a bill that seeks to increase funding for research and science education in an effort to kick start efforts to pass legislation to improve U.S. competitiveness.
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WASHINGTON - The Federal Reserve boosted a key short-term interest rate by one-quarter percentage point Tuesday, marking the third increase this year. It's part of a gradual process to wean the economy from extraordinarily low rates that are no longer viewed as necessary to keep the economy afloat...
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Alan Greenspan steered the economy through turbulence to unprecedented growth. At a time of new uncertainty, a look at his legacy.
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The US Federal Reserve increases the amount of money available as it seeks to ease the credit crunch.
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Washington - With the US economy expanding at a respectable pace, companies hiring and consumers inclined to spend, Federal Reserve policy makers can feel comfortable about boosting short-term interest rates for a fourth time this year.