AUSTIN/ATLANTA (Reuters) - High unemployment and reluctant consumers will likely make an incipient U.S. economic recovery weak and erratic, top Federal Reserve officials said in a string of speeches across the country on Tuesday. That means interest rates, currently at historic lows close to zero, should remain near that ...

Fed officials warn of long road ahead to turn around jobs market, commercial real estateUnemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck by the presidents of ...

ATLANTA (Reuters) - The U.S. economy has entered a recovery and policymakers should now focus on ensuring it is a durable one, a top Federal Reserve official said on Tuesday. "Now that growth has resumed, the overall objective of economic policy should be to bring about a durable recovery and ...

NEW YORK/MACON, Georgia (Reuters) - Federal Reserve officials said on Thursday that while the recession-battered economy is on the mend, it will be weak for a while and the Fed is likely to keep its extensive support policies in place for a while. The presidents of the Cleveland and the ...