Economy Emerging from Soft Spot-Fed Gov
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Federal Reserve Board Governor Susan Schmidt Bies on Monday said the latest batch of U.S. economic figures showed the economy has gotten past its mid-year soft patch.
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The US economy appears to be emerging from a period of sluggish growth but is &quot;uncomfortably close&quot; to the &quot;stall speed&quot; associated with past recessions, the International Monetary Fund said Friday.
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ROSSLYN, Va.  - The U.S. economy has pulled out of  a midyear pause and should grow well for the rest of 2004,  Federal Reserve Governor Susan Bies said on Saturday, adding  that short-term interest rates were still "too accommodative."
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The economy grew at a 0.7 percent  annual pace in the first three months of this year, the weakest  in more than four years, but a closely watched inflation gauge  unexpectedly accelerated, data showed showed on Thursday.
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Treasury secretary says the U.S. economy is transitioning to a period of moderate, stable growth.
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U.S. economic growth, while improving, has not hit the pace it was expected to do by now, Federal Reserve Governor Mark Olson said on Monday.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.
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The Federal Reserve is expected to nudge interest rates up for a fourth time this year on Wednesday, acting on the belief that the economy has finally emerged from an extended &quot;soft patch.
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Lower oil prices and a strong U.S.  commercial property sector will help offset the serious problem  of a cooling housing market, Dallas Federal Reserve President  Richard Fisher said in a newspaper interview published on  Tuesday.
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A soft landing for China&#39;s booming economy was not yet a sure thing, the International Monetary Fund said on Wednesday, despite a raft of measures by Beijing to slow investment in overheated sectors.
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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 US economy&#39;s &quot;soft patch&quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.
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WASHINGTON : The Federal Reserve&#39;s policy of gradual interest rate hikes is a sign the US economy does not need the stimulus that low rates supply, according to Cleveland Fed president Sandra Pianalto.
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The US economy has escaped a recent soft patch and seems to be picking up steam, Federal Reserve chief Alan Greenspan said on Wednesday in remarks economists saw as cementing a September rate rise.
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While the U.S. economy is at some  risk of a slowdown, it will probably avoid a recession, and any  downturn is unlikely to be severe, Dallas Fed President Richard  Fisher said on Thursday.
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The U.S. economy is pulling out of  its recent soft patch and appears to be picking up steam,  Federal Reserve chief Alan Greenspan said on Wednesday in  remarks economists saw as cementing a September rate rise.
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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.