Fedâs Survey Provides More Indications of Economic Slippage
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Inflation crept up in December, but the rise in prices will likely do little to hold back another interest rate cut this month.
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If there is a good rule of thumb about the Federal Reserve, it is this: A startling economic report is not enough to sway policy. When the Labor Department reported
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The U.S. economy's soft patch last spring was a bit firmer than previously thought.
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Data to be released this week was expected to bring more evidence that the consumer side of the economy is faltering amid rising price pressures and a tight job market.
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The economy will likely pick up in  2007 after output growth slows rapidly in late 2006, according  to a survey conducted by the Philadelphia Federal Reserve Bank  released on Thursday.
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WASHINGTON --A closely watched gauge of future economic activity slipped for a second straight month, a performance viewed as signaling a slowdown but not a recession.
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The U.S. economy has come through  its recent soft patch and the Federal Reserve still has some  way to go to restore interest rates to more normal levels, Fed  officials said on Monday.
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As the Fed signaled it would likely cut interest rates, the U.S. central bank and its European counterpart are showing diverging readings of the economic tea leaves.
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Data released on Friday showed the   U.S. economy slowing with inflation in check last month,   providing further support for the Federal Reserve to hold   interest rates steady when it meets next week.
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The U.S. economy can't seem to make up its mind. It keeps showing strength and weakness, with fresh data yesterday providing still more mixed signals -- and fueling a debate over whether the housing slump is dragging the nation into a recession.
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Federal Reserve Bank officials said on Monday financial turmoil has increased risks facing the U.S. economy, but comments by others suggested there was still debate about how quickly the central bank would need to act.
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Investors are hoping this week brings some answers to the question of whether an improving U.S. economy unleashes inflationary forces, and one place to look will be in the June payrolls data.
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The Federal Reserve said the economy appeared to be growing at a âmoderateâ pace but offered a somewhat cautious reading on inflation.
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The US economy appears to be gaining momentum and with it the risk of higher inflation, a survey of economists by the Wall Street Journal showed Monday.
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Companies showed signs of shrugging off the caution that has enveloped the world economy since a credit crisis broke, as investors looked on Tuesday to U.S. data to gauge the likelihood of a Federal Reserve rate cut.
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The U.S. economy grew slightly better than first estimated in the first quarter, but still at the weakest pace in more than four years and inflation grew as well, data on Thursday showed.
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A surprise drop in regional factory   activity reported on Thursday suggested that the U.S. economy   may be losing momentum faster than most economists anticipated,   stunning financial markets on the view that the Federal Reserve   may soon have to cut interest rates to avoid a downturn.