Previously owned U.S. home sales unexpectedly dropped in March as a lean supply of properties kept the industry from generating a stronger recovery.
Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market, economists said before a report today.
Gold futures climbed and the spot price headed for the longest rally in four weeks on signs that demand is rebounding among consumers and investors.
Three regional Federal Reserve bank presidents said a further decline in U.S. inflation below the Fed’s 2 percent goal may signal a need for more accommodation.
The following is the text of the Federal Reserve Board’s Third District-- Philadelphia.
The following is the summary text of the Federal Reserve Board’s Summary of Commentary.
Japanese stocks fell, with the Nikkei 225 Stock Average declining for the fourth time in five days, as the yen’s gain weighed on exporters and a drop in commodities led mining and energy shares lower.
The following is the text of the Federal Reserve Board’s Fourth District-- Cleveland.
The following is the text of the Federal Reserve Board’s Fifth District-- Richmond. FIFTH DISTRICT-RICHMOND
The following is the text of the Federal Reserve Board’s eleventh District--Dallas.
"Economic activity continued to improve since the last report across all 12 Federal Reserve Districts, although many Districts described the pace of growth as' modest."
- Beige Book on Jun 09, 2010
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