David Resler News
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Manufacturers are turning out more cars and computers, homebuilders are gaining confidence and prices are little changed, showing the U.S. economy is expanding with inflation contained.
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American employers added fewer workers to payrolls than forecast in June and the jobless rate stayed at 8.2 percent as the economic outlook dimmed.
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The Senate’s failure to pass legislation extending unemployment benefits will slow the pace of the U.S. recovery, said economist David Resler .
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David Resler, chief economist at Nomura Securities International Inc., talks with Bloomberg's Ken Prewitt and Tom Keene. For more ``Surveillance'' and ``On the Economy'' podcasts, please visit iAmplify.com.
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The Federal Reserve next week is likely to affirm its pledge to keep interest rates low for an “extended period” and maintain the floor on its holdings of securities, say economists surveyed by Bloomberg News.
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The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending.
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Federal Reserve Chairman Ben S. Bernanke is betting that surging prices for food and fuel won’t wind up breaking the cost of living for Americans. The historical record shows the odds are in his favor.
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The world’s largest economy will strengthen through next year as the Federal Reserve’s unprecedented actions help underpin consumer and business confidence, according to economists surveyed by Bloomberg News.
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Retail sales rose in April at the slowest pace in nine months and consumer sentiment declined last week, highlighting the risks that rising gasoline prices pose for the U.S. economy.
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Manufacturing in the U.S. probably expanded in June for an 11th consecutive month, powered by gains in exports and business investment, economists said before reports today.
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