The cost of living in the U.S. was little changed in February, showing inflation remains well below the Federal Reserve’s goal as policy makers meet to decide on the path of interest rates.
As Janet Yellen seeks to forge a consensus on a new strategy for communicating the Federal Reserve’s intention to keep rates low, she can reach for a six- year-old tool: the Fed’s quarterly forecasts.
More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is improving in fits and starts.
U.S. mortgage rates for 30-year loans climbed for a third week, increasing borrowing costs as harsh weather contributes to slowing demand for homes.
Orders for U.S. durable goods excluding the volatile transportation category unexpectedly climbed in January by the most in eight months, a sign manufacturing is emerging from a slump induced by harsh weather.
This year’s harsh winter is causing the pace of U.S. economic growth to fall along with the mercury.
Consumer confidence in the U.S. was stronger than projected in February as Americans grew more upbeat about the economy.
Confidence among U.S. consumers unexpectedly climbed to a five-month high in January as optimism about the economy and labor market improved.
Banks in the U.S. saw increased demand from businesses and consumers for lending and in turn made those loans more readily available, according to a Federal Reserve report.
Orders for long-lasting equipment unexpectedly slumped in December by the most in five months, indicating companies are less sure than households that the U.S. economy is strengthening,
"The momentum is shifting higher."
- Millan Mulraine on Mar 28, 2014
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