The U.S. manufacturing sector bounced back in December after a sluggish phase of November, while housing sector continued to fall though less than expected in November, according to recent data. However, these encouraging data remain short-lived as the Federal Reserve while suggesting a moderate eco[...]
Posts Tagged ‘Federal Reserve’
July 8th, 2012 - 11:18 am § in News Of Economy
U.S. Manufacturing Sector up, Fed cites slower growth ahead
July 2nd, 2012 - 11:07 am § in News Of Economy
US economy points to steady growth, says Fed
The latest data released by the Federal Reserve pointed towards a stable growth in the world’s biggest economy. The latest figures have somewhat eased inflationary concerns and threat of sharper slowdown. The survey noted unexpected industrial production growth that rose 0.4 percent last month[...]
June 25th, 2012 - 10:57 am § in News Of Economy
US housing showing signs of recovery, new home sales hit in 2006
The U.S. housing sector has shown some signs of recovery with strong gains reported in sales of new homes in December, according to an official data released by the Commerce Department. The data indicated that new orders for costly manufactured goods in December have increased considerably and now a[...]
June 20th, 2012 - 10:48 am § in News Of Economy
Fed decides to hold US interest rates at 5.25%, optimistic on inflation
The Federal Reserve has expressed growing confidence that the economy was moving towards a soft landing. The Federal Reserve has decided in its policy meeting to keep interest rate on hold at 5.25 percent. However, for the very first time the Fed has hinted the possibility that the American house se[...]
June 15th, 2012 - 10:41 am § in News Of Economy
Fed Chief warns of growing inequality in US
Federal Reserve Chairman Ben Bernanke has warned the policymakers to make sure individual workers should not be allowed to suffer too much from the effects of free-trade, globalization, technological progress and other developments that have boosted economic progress for the nation as a whole. While[...]
June 5th, 2012 - 10:25 am § in News Of Economy
Inflation in US picks up, Fed still uncertain about future course of inflation
The threat of inflation once again surfaced its head in U.S. markets the Labor Department reported that consumer prices increased by a greater-than-expected amount in January. However, it is still unlikely to create a change in interest rate policy at the Federal Reserve, which continues to predict [...]
June 2nd, 2012 - 2:01 pm § in News Of Economy
Consumer confidence in US rises: Report
Confidence among U.S. consumers dramatically shot up to the highest in more than five years this month, due to rising wages and an expanding job market. The Conference Board reported that the consumer confidence index rose to 112.5 in February from a revised 110.3 in January, the highest level since[...]
June 1st, 2012 - 2:00 pm § in News Of Economy
Fed’s economic outlook remains unchanged despite global stock meltdown
Federal Reserve chairman Ben Bernanke appealed to investors to relax following a global stock market meltdown that eliminated more than $1-trillion of gains. The chairman insisted that the U.S. economy remains sound. Fed chief has stated that his optimism about the U.S. economic outlook has not been[...]
May 31st, 2012 - 1:58 pm § in News Of Economy
US productivity declines sharply in final quarter, rising labor costs sends worrisome signal
The U.S. economy is still gripped between sluggish growth and persistent inflation threats, revealed new government data released on Tuesday. Labor costs soared in the final quarter of last year due to bonuses awarded to high-income workers, which has certainly raised inflation threat to the promine[...]