Economic News Headlines

With rates low, Fed officials fret over next U.S. recession

Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.

Fed sees rate hikes on track; continued U.S. growth

The U.S. Federal Reserve, looking past a recent stock market sell-off and concern about inflation, said it sees steady growth continuing and no serious risks on the horizon the might pause its planned pace of rate hikes.

Euro zone inflation slows in Jan, core measure picks up

Euro zone consumer price growth slowed slightly in January but the core measure closely watched by the European Central Bank edged higher for the first time in months, data from the European Union's statistics office Eurostat showed on Friday.