Fed's Lockhart says U.S. economy is resilient
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BILOXI, Mississippi  - Atlanta Federal Reserve Bank President Dennis Lockhart said on Saturday that the United States economy is "resilient."
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Signs that secured borrowing remains robust and firm data on manufacturing and retail sales, released on Thursday, painted the picture of an economy that has yet to be cooled by the recent spate of interest rate rises.
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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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Oil prices have shaped the Federal Reserve's outlook for the U.S. economy but an upgrade of second quarter GDP boosts its confidence that growth is regaining momentum, a top Fed policymaker said on Thursday.
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Philly Fed president sees no need for central bank to halt rate hikes; employment set to rise. PHILADELPHIA  - The US economy is on course for sustainable expansion with little danger of inflationary
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ALBUQUERQUE, N.M.  - High oil prices will probably  brake U.S. growth but will not derail the economy provided  there is not another sharp spike upward, a top Federal Reserve  policymaker said on Tuesday.
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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.
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High oil prices will probably brake US growth but will not derail the economy provided there is not another sharp spike upward, a top Federal Reserve policymaker said on Tuesday.
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U.S. economic growth should return to  trend levels this year, and with the job market still  surprisingly strong the biggest risk is still that inflation  will not fall as expected, Chicago Fed President Michael Moskow  said on Friday.
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The US banking system is strong, having weathered a recession, large corporate bankruptcies and competition from other financial institutions, Federal Reserve Chairman Alan Greenspan said Tuesday.
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High oil prices will probably brake U.S. growth but will not derail the economy provided they do not rise sharply from current levels, top Federal Reserve policymakers said on Tuesday.
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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 US banking system, having weathered a recession and the bankruptcies of several big corporations, is in very good shape, Federal Reserve chairman Alan Greenspan said yesterday.
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Record oil prices are creating  headwinds for the U.S. economy but do not place its recovery at  risk, Dallas Federal Reserve Bank President Robert McTeer said  on Monday.
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U.S. economic growth should rebound in  the course of 2007 after hitting a soft patch in the first  quarter and the main threat to the economy is inflation, a top  Federal Reserve official said on Friday.
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ALBUQUERQUE, NM (CBS.MW) -- The US economy is &quot;generally sound&quot; and should not be derailed by higher oil prices, Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, said Tuesday.
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Economic data released on Friday showed inflation under control in July while U.S. factories were busier than forecast, portraying a resilient economy in little need of an interest rate cut.