HOWARD SCHNEIDER AND ANN SAPHIR
Reuters
Reuters
BUSINESS| FEDERAL RESERVE
kAm$2? uC2?4:D4@ u656C2= #6D6CG6 !C6D:56?E |2CJ s2=J H2D?VE 6=64E65 3J A@AF=2C G@E6[ H2D?VE 49@D6? 3J 2? 6=64E65 @77:4:2=[ 5:5?VE 4@>A6E6 282:?DE 2 AF3=:4=J C6G62=65 D=2E6 @7 2AA=:42?ED 2?5 5:5?VE F?56C8@ 2?J AF3=:4 G6EE:?8 367@C6 96C 32?<VD 3@2C5 @7 5:C64E@CD 82G6 96C 2 ;@3 E92E 96=AD D92A6 E96 &]$] 64@?@>J]k^Am
kAm$E:==[ D96 C682C5D 96CD6=7 2?5 E96 `` @E96C u65 C68:@?2= 32?< AC6D:56?ED 2D >2:?DE2JD @7 &]$] 46?EC2= 32?< :?56A6?56?46[ H9:49 :D F?56C E9C62E]k^Am
kAm!C6D:56?E s@?2=5 %CF>A E9:D >@?E9 D2:5 96 H@F=5 7:C6 u65 r92:C y6C@>6 !@H6== :7 !@H6== 49@@D6D E@ C6>2:? :? 9:D =@?86C\CF??:?8 C@=6 2D 2 >6>36C @7 E96 u65VD q@2C5 @7 v@G6C?@CD[ H9:49 H@F=5 56AC:G6 E96 AC6D:56?E @7 E96 @AA@CEF?:EJ E@ 3@@DE (9:E6 w@FD6 :?7=F6?46 2E E96 46?EC2= 32?< H:E9 2 ?6H 2AA@:?E>6?E]k^Am
People are also reading…
- McDowell high school victim testified before former guidance counselor pleads guilty to sex crimes
- This new spot in Marion is offering locally grown food and beer, run by farmers and a brewer
- Walt Bagwell named Marion’s Main Street Champion. "His contributions make a meaningful difference."
- 5 questions answered about the trial of former McDowell High counselor Jessica Finley
- He got a tattoo to commemorate a Fred Durst concert in Morganton. It never actually happened.
- McDowell County Schools alum went from Battle of Books to biomedical engineering
- QB Bryce Young gets honest about Panthers' big change on offense for 2026
- Former McDowell High volleyball coach, counselor pleads guilty to child sex crimes mid-trial
- Mission Hospital McDowell’s Emergency Services recognized nationally as Unit of Distinction
- Brush fire burns along Interstate 40 near Nebo; traffic down to one lane
- City of Marion issues water shortage advisory due to drought
- GOAT Collaborative’s at Resilience Ranch in Marion aims to support farms, environment, community
- Trial against former McDowell High volleyball coach accused of sex crimes began Wednesday
- Old Fort man charged with threatening clerk of court in McDowell County
- Trump safe after being rushed from White House correspondents dinner; shooter in custody
kAm%96 u65 7246D 2 9:DE@C:4 E6DE :? :ED DE2?5:?8 7C@> 2 &]$] $FAC6>6 r@FCE 42D6 @G6C H96E96C %CF>A 42? 7:C6 u65 3@2C5 >6>36C {:D2k^Am
kAmr@@<[ E96 >F55=65 EC2?D:E:@? 36EH66? !@H6== 2?5 %CF>AVD A:4< E@ DF44665 9:> 2?5 C67@C>D E92E >2J DE:== 36 :? E96 @77:?8 7C@> %C62DFCJ $64C6E2CJ $4@EE q6DD6?E]k^Am
kAmQ{@@< 324< E@ E96 @C:8:?2= 24E … *@F 4C62E6 E96D6 C68:@?2= u65D 2?5 J@F >2<6 E96 D6=64E:@? @7 E9@D6 A@=:4J>2<6CD 5:776C6?E E92? E96 D6=64E:@? @7 E96 @?6D :? s]r][Q s2=J E@=5 #6FE6CD[ C676CC:?8 E@ E96 u656C2= #6D6CG6 p4EVD 677@CE E@ 32=2?46 E96 46?EC2=:K65 A@H6C @7 E96 (2D9:?8E@?\32D65 2?5 AC6D:56?E:2==J 2AA@:?E65 u65 3@2C5 H:E9 `a C68:@?2= =6256CD >62?E E@ 3C:?8 :?D:89E E@ A@=:4J>2<:?8]k^Am
kAmu:G6 @7 E96 `a G@E6 @? >@?6E2CJ A@=:4J @? 2 C@E2E:?8 32D:D — :>A@CE2?E G@E6D 2 u65 49:67 ?665D E@ DH2J :? D6EE:?8 A@=:4J]k^Am
kAm%96J @7E6? DA62< @7 E96 E:>6 DA6?E E2=<:?8 E@ =@42= 6I64FE:G6D 2?5 H@C<6CD 2D 46?EC2= E@ E96 u65VD >:DD:@? 2?5 D2J E96:C 5:DE2?46 7C@> 2AA@:?E>6?E @C 4@?7:C>2E:@? 3J 6=64E65 @77:4:2=D 7C66D E96> E@ 36 @3;64E:G6]k^Am
kAm(:E9 E96 $6?2E6\4@?7:C>65 u65 8@G6C?@CD D:8?:?8 @77 @? C6D6CG6 32?< 9:C6D :? E96 7:CDE A=246[ QJ@F 92G6 E96 4964<D 2?5 32=2?46D E92E x E9:?< 2C6 A2CE @7 2 56>@4C2E:4 :?DE:EFE:@?[Q s2=J D2:5] Q~E96C A6@A=6 42? 5:D28C66[ 3FE E9:D 92D DE@@5 E96 E6DE @7 E:>6]Qk^Am
kAmkDA2? DEJ=6lQ7@?E\H6:89Ei3@=5Qm!C6DDFC6D :?4C62D6k^DA2?mk^Am
kAm(96E96C E96 2CC2?86>6?E 42? H:E9DE2?5 E96 A@=:E:42= 2?5 =682= AC6DDFC6D E92E C646?E=J 56G6=@A65[ 9@H6G6C[ :D 2? :DDF6 C6=2E65 E@ 3@E9 E96 32EE=6 @G6C %CF>AVD 2EE6>AE E@ 7:C6 r@@< 2?5 !@H6==VD 564:D:@? @? H96E96C E@ D6CG6 @FE 2 3@2C5 E6C> E92E =2DED F?E:= a_ag] !@H6== 4@F=5 DE2J @? E96 3@2C5 6G6? :7 E96 &]$] $6?2E6 4@?7:C>D %CF>A ?@>:?66 z6G:? (2CD9 E@ DF44665 !@H6== 27E6C 9:D E6C> 2D u65 49:67 6IA:C6D |2J `d]k^Am
kAmQxV== 92G6 E@ 7:C6 9:> :7 96VD ?@E =62G:?8 @? E:>6[Q %CF>A D2:5 @? u@I }6HD] QxVG6 H2?E65 E@ 7:C6 9:>[ 3FE x 92E6 E@ 36 4@?EC@G6CD:2=]Qk^Am
kAmp? 2EE6>AE E@ 7:C6 !@H6== =:<6=J H@F=5 7246 E96 D2>6 D@CE @7 =682= 492==6?86D E92E =67E r@@< :? 96C D62E 27E6C E96 AC6D:56?E 7:C65 96C =2DE J62C[ H:E9 E96 $FAC6>6 r@FCE D66>:?8=J A@:D65 E@ =62G6 96C :? A=246 27E6C 2 962C:?8 :? E96 42D6]k^Am
kAm(2CD9VD 4@?7:C>2E:@?[ >62?H9:=6[ :D 96=5 FA 3J 2E =62DE @?6 <6J #6AF3=:42? D6?2E@C H9@ D2JD 96 H@?VE 4@?7:C> (2CD9 F?E:= 2 %CF>A 25>:?:DEC2E:@? :?G6DE:82E:@? @7 !@H6== :D 5C@AA65[ G:6H:?8 E96 AC@36 2D A2CE @7 2 3C@256C 677@CE E@ H9:EE=6 2H2J E96 u65VD :?56A6?56?46]k^Am
kAm!@H6== 42==65 @FE E92E AC@36 2D H6== 2?5 D2:5 96 H@F=5 564:56 H96E96C E@ <66A 9:D 3@2C5 D62E Q32D65 @? H92E x E9:?< :D 36DE 7@C E96 :?DE:EFE:@? 2?5 7@C E96 A6@A=6 H6 D6CG6]Q xE :D 2 C2E:@?2=6 E92E 4@F=5 D66 !@H6== 4@?E:?F6 2E 2 (2CD9\=65 u65 2D 2? @?8@:?8 G@E6 282:?DE 492?86D 96 D66D 2D 8@:?8 E@@ 72C]k^Am
kAm%9@F89 9:C65 E9C@F89 2 AC@46DD E92E EC25:E:@?2==J 92D >:?:>2= :?7=F6?46 7C@> (2D9:?8E@?[ E96 C68:@?2= u65 AC6D:56?ED 4@F=5 36 7:C65 3J 2 >2;@C:EJ @7 E96 3@2C5[ H9@D6 >6>36CD 2=D@ 92G6 2FE9@C:EJ @G6C :>A@CE2?E u65 DE277[ 3F586E:?8 2?5 C68F=2E@CJ 564:D:@?D] %9C66 @7 E96 4FCC6?E u65 8@G6C?@CD H6C6 2AA@:?E65 3J 7@C>6C !C6D:56?E y@6 q:56? 2?5 E9C66 3J %CF>A] !@H6==[ >62?H9:=6[ H2D 3C@F89E E@ E96 u65VD 3@2C5 3J 7@C>6C !C6D:56?E q2C24< ~32>2[ AC@>@E65 E@ E96 E@A A@D:E:@? 3J %CF>A 2?5 C62AA@:?E65 3J q:56?]k^Am
kAm%CF>A D9@H65 ?@ AF3=:4 :?E6C6DE :? E96 >2<6FA @7 E96 u65VD C6D6CG6 32?<D[ 2?5 E96 25>:?:DEC2E:@? 92D ?@E 7@C>2==J AC@A@D65 492?86D E92E >:89E 3@@DE (9:E6 w@FD6 :?7=F6?46 @G6C E96>]k^Am
kAm*6E 5632E6 23@FE H96C6 E96J 7:E :D 6?>6D965 :? 2 3C@256C 5:D4FDD:@? 23@FE 9@H E@ DBF2C6 E96 u656C2= #6D6CG6 p4EVD :?E6?E 7@C 46?EC2= 32?< :?56A6?56?46 @G6C >@?6E2CJ A@=:4J[ 2 3C@25=J 2446AE65 AC:?4:A=6[ H:E9 56>@4C2E:4 8@G6C?2?46 2?5 E96 &]$] 4@?DE:EFE:@?2= DJDE6>[ H:E9 =@ED @7 5:D28C66>6?E @G6C H96E96C E96 4FCC6?E 2CC2?86>6?E :D 256BF2E6=J 244@F?E23=6]k^Am
kAmpE 2 C646?E 6G6?E DA@?D@C65 3J E96 $925@H ~A6? |2C<6E r@>>:EE66[ 2? :?56A6?56?E 8C@FA @7 64@?@>:DED H9@ 2C6 @7E6? 4C:E:42= @7 E96 u65[ r@=F>3:2 {2H $49@@= !C@76DD@C z2E9CJ? yF586 D2:5 D96 E9@F89E 492==6?86D 3C@F89E 3J E96 %CF>A 25>:?:DEC2E:@?[ 6G6? :7 F?DF446DD7F=[ >62?E 2 A6C:@5 @7 Q5:DCFAE:@?Q 29625 E92E Q:D =:<6=J E@ 5C2>2E:42==J H62<6? E96 8C@F?5 FA@? H9:49 u65 :?56A6?56?46 92D DE@@5[ 2?5 E92E :?56A6?56?46 :D 8@:?8 E@ C6>2:? 7C28:=6]Qk^Am
kAmkDA2? DEJ=6lQ7@?E\H6:89Ei3@=5QmV!=2J:?8 H:E9 7:C6Vk^DA2?mk^Am
kAm(2CD9 >256 2 86?6C:4 42== 7@C 3:8 492?86D 2E E96 u65[ H9:=6 @776C:?8 76H 56E2:=D]k^Am
kAmq6DD6?E AF3=:D965 2? 6IE6?D:G6 6DD2J 4C:E:4:K:?8 H92E 96 D66D 2D E96 u65VD 6I46DD:G6 :?7=F6?46 :? E96 64@?@>J[ 2?5 DF886DE65 2 C6D:56?4J C6BF:C6>6?E 7@C E96 9:C:?8 @7 :ED C68:@?2= q6DD6?E 32?< AC6D:56?ED]k^Am
kAm$E6A96? |:C2?[ 367@C6 96 3642>6 2 u65 3@2C5 >6>36C[ 4@\2FE9@C65 2 C6D62C49 A2A6C 7@C E96 |2?92EE2? x?DE:EFE6 E92E 2C8F65 &]$] AC6D:56?ED D9@F=5 36 7C66 E@ 7:C6 u65 3@2C5 >6>36CD 2?5 C68:@?2= C6D6CG6 32?< =6256CD 3642FD6 E96 4FCC6?E DJDE6> H2D Q:? D@>6 568C66 @7 E6?D:@?Q H:E9 E96 &]$] r@?DE:EFE:@?]k^Am
kAm|:C2?[ H9@ H2D 2 E@A %CF>A 64@?@>:4 25G:D6C 367@C6 36:?8 6=6G2E65 E@ E96 u65VD 3@2C5[ H@F=5 ?@E 4@>>6?E @? H96E96C 96 DE:== 9@=5D E92E G:6H]k^Am
kAm%96 :562[ 9@H6G6C[ H2D 649@65 3J 7@C>6C u65 ':46 r92:C 7@C $FA6CG:D:@? #2?52== "F2C=6D[ 2 %CF>A 2AA@:?E66 H9@ E@=5 E96 $925@H ~A6? |2C<6E r@>>:EE66 E92E :E H@F=5 36 Q3@E9 HC@?8 2?5 F??646DD2CJQ 7@C E96 $FAC6>6 r@FCE :? :ED A6?5:?8 564:D:@? @? r@@< E@ :?DF=2E6 u65 @77:4:2=D 7C@> 36:?8 7:C65 3J E96 AC6D:56?E]k^Am
kAmQ%96 C:89E 2?DH6C :D E@ D2J … E96 AC6D:56?E 42?[ :? 724E[ 5:D>:DD 2?J@?6 @? E96 u656C2= #6D6CG6 q@2C5 3642FD6 96 5:D28C66D H:E9 E96:C G:6HD @? A@=:4J[Q H9:=6 ECFDE:?8 E92E E96 AC@46DD @7 $6?2E6 4@?7:C>2E:@? 7@C ?6H 3@2C5 ?@>:?66D 2?5 E96 C@=6 A=2J65 3J C68:@?2= C6D6CG6 32?< =6256CD DE:== H@F=5 AC6G6?E :>>65:2E6 A@=:E:42= 56>2?5D 7C@> 9:;24<:?8 >@?6E2CJ A@=:4J[ "F2C=6D D2:5]k^Am
kAmp C6DA@?D6 42>6 BF:4<=J]k^Am
kAmQ*@FVC6 23D@=FE6=J A=2J:?8 H:E9 7:C6[Q 7@C>6C $E] {@F:D u65 !C6D:56?E y2>6D qF==2C5 D2:5] Qs@ J@F ?@E E9:?< E92E :7 J@F 7:C6 2== E96 8@G6C?@CD 2E H:==[ E96J H:== ;FDE EFC? 2C@F?5 2?5 7:C6 2== E96 Wu65 32?<X AC6D:56?EDn … ~?6 A2CEJ @C 2?@E96C 92D DH6AE :?E@ A@H6C 2?5 H92E 5@ E96J H2?En %96J H2?E =@H :?E6C6DE C2E6D 3642FD6 E96J 5@?VE H2?E E@ 92G6 E@ A2J 2 =@E 7@C E96:C 567:4:E DA6?5:?8]Qk^Am
kAmkDA2? DEJ=6lQ7@?E\H6:89Ei3@=5QmQ{@@< 324< E@ E96 @C:8:?2= 24E … *@F 4C62E6 E96D6 C68:@?2= u65D 2?5 J@F >2<6 E96 D6=64E:@? @7 E9@D6 A@=:4J>2<6CD 5:776C6?E E92? E96 D6=64E:@? @7 E96 @?6D :? s]r]Qk^DA2?mk^Am
kAmkDA2? DEJ=6lQ7@?E\H6:89Ei3@=5Qm|2CJ s2=J[k^DA2?m AC6D:56?E @7 E96 D2? uC2?4:D4@ u656C2= C6D6CG6[ @? E96 u656C2= C6D6CG6 24E @7 `h`bk^Am

