Fed sees mixed picture for US economy: Beige Book
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The US economy is expanding at an uneven pace amid a cooling of the housing and automobile markets, with inflation pressures easing in some cases, a Federal Reserve report showed.
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The US economy is expanding but the performance is patchy as roaring energy prices begin to stifle spending, the Federal Reserve's Beige Book survey showed.
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The US economy will expand at a more moderate pace in 2007, according to a Securities Industry and Financial Markets Association forecast issued yesterday.
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WASHINGTON: The Federal Reserve is likely to lift key rates by a quarter-point this week, but a sputtering US economy is forcing policymakers to re-evaluate the outlook for future increases, analysts say.
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The Federal Reserve has a difficult task ahead as it seeks to put the U.S. economy on an even keel, the International Monetary Fund said Friday.
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LAREDO, Texas  - Dallas Federal Reserve Bank President Richard Fisher on Monday said the U.S. economy appears to be weathering troubles in housing and financial markets, but it was uncertain how things will play out.
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WASHINGTON : US Federal Reserve policymakers, widely expected to hike interest rates, struggled to find words to reassure financial markets that the economy is strong enough to withstand the higher rates.
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The economy is set to grow at a  sluggish pace in coming months but there are risks that  elevated levels of inflation excluding food and energy may not  recede, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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Federal Reserve policymakers were expected to signal increased concern Wednesday about inflation amid stronger economic conditions and a tight labor market, diminishing hopes for a rate cut soon, analysts said.
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The Federal Reserve is widely expected to raise the federal funds rate at its policy meeting on Tuesday, Sept. 21, despite recent mixed economic news.
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Analysis: The Fed and Treasury join forces to explain the state of the U.S. economy.
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The U.S. economy may lose a step to record high oil prices but concerns over inflation are likely to keep the Federal Reserve on a steady course of gradually raising interest rates, analysts say.
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Although economists have mixed opinions whether the economy has emerged, most believe it is in good enough shape for the Fed to boost rates.
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The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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The U.S. economy will barely manage to grow in the first quarter this year while inflation will remain somewhat elevated, a quarterly survey issued by the Philadelphia Federal Reserve Bank showed on Tuesday.
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Federal Reserve Chairman Ben  Bernanke looks set to tell Congress this week that the U.S.  economy is sound, but that the central bank is still concerned  that inflation, while moderating, may not fully come to heel.
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Most areas of the United States reported moderate economic growth through the first weeks of November and labor markets were tight in many regions, the Federal Reserve said on Wednesday.