Fed Survey Finds Economy Holding Up
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Financial market turbulence has noticeably hurt housing activity across the U.S. in recent weeks but other sectors of the economy have so far been spared, the Fed said.
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Investor's Business Daily - The economy continues to grow at a decent clip with inflation well in hand, Federal Reserve Chairman Alan Greenspan told Congress Wednesday.
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U.S. economic expansion remains on track and inflation under control, top Federal Reserve officials said Wednesday in comments likely to reinforce views the Fed will hike rates again this year.
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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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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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The U.S. economy continued to grow  in the final weeks of the fourth quarter but the pace of  activity slackened amid subdued holiday spending and a weak  housing sector, the Federal Reserve said on Wednesday.
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Consumers' assessment of the economy held largely steady this month, according to a university research report released Friday.
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The US economy is expanding but the performance appears patchy as soaring energy prices stifle spending in many regions, the Federal Reserve&#39;s Beige Book survey showed tonight.
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The labor market is holding steady, businesses are rebuilding inventories and the consumer is still spending, all signs pointing to stronger economic growth in the latter part of this year.
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The U.S. economy kept growing in September and early October, even as higher prices for energy put a crimp in consumer and business spending, the Federal Reserve said Wednesday.
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The US Federal Reserve holds interest rates at 5.25% as evidence grows of a slowing economy.
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PALO ALTO, Calif.  - The U.S. economy is on track  for sustainable above-trend growth, and with monetary policy  still accommodative, interest rates will keep rising,  San  Francisco Federal Reserve Bank President Janet Yellen said on  Friday.
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Top Federal Reserve policy-makers  generally agreed on Thursday that U.S. economy was growing  nicely despite weak job growth and spiraling trade gaps.
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The pace of U.S. economic activity  continued to pick up in most of the country in late November  through early January, the Federal Reserve said on Wednesday.
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BusinessWeek Online - The Federal Reserve decided to hold interest rates steady at its Sept. 20 monetary policy meeting. Economic reports coming out over the next week are likely to back up the Fed's view of the economy and provide more ammunition to keep rates on hold.
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The U.S. economy appears to be getting on a sustainable growth path with GDP expected to grow 2.8 percent in 2007, and the risks of inflation are slightly higher than those of an economic slowdown, according to a survey of economists released on Monday.
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The U.S. economy is growing robustly   despite a slowing housing sector, although inflation remains   above the central bank's comfort level, two top Federal Reserve   officials said on Monday.