FED WATCH
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Wed, 23 Jul 2008 23:09:00 GMT
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Fed's Beige Book cites slow growth, higher price pressures
Wed, 23 Jul 2008 23:09:00 GMT
WASHINGTON (AFP) - US economic activity appears to have slowed to a crawl in the past weeks even as price pressures intensified, the Federal Reserve said in its Beige Book report Wednesday. The Fed's latest survey of the US economy, to be used by its
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Fed Raises Yellow Flag On Inflation
Wed, 23 Jul 2008 23:05:00 GMT
The Federal Reserve's Beige Book released on Wednesday had something for everyone to dislike, but its warnings about inflation seemed louder than it fears of recession. The results were too mixed to provide a clear indication of upcoming interest rate
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Fed Says Price Pressures Gain, Growth Slackens
Wed, 23 Jul 2008 22:35:00 GMT
WASHINGTON (Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as 'grim,' 'morose' or 'bleak.' The gloomy Fed
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US weakness puts lid on prices: Fed
Wed, 23 Jul 2008 22:34:00 GMT
A SLOWING economy and mounting inflationary pressure squeezed Americans going into summer, according a Federal Reserve report. gave a rather downbeat assessment of conditions in June and early July. is issued by the Fed about every seven weeks. The
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Fed: Slower growth, rising prices slam economy [XFNA]
Wed, 23 Jul 2008 22:28:00 GMT
WASHINGTON (AP) - The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. The Fed's new snapshot of business conditions, released Wednesday, also underscored the
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Fed says price pressures gain, growth slackens
Wed, 23 Jul 2008 22:17:00 GMT
WASHINGTON (Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as 'grim,' 'morose' or 'bleak.' The gloomy Fed
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Beige Book paints grim picture
Wed, 23 Jul 2008 22:16:00 GMT
Fed officials are wrestling with what to do about rising energy and commodity prices at a time when the economy remains trapped between a credit crunch, a housing downturn and gasoline sticker-shock. 'The pace of economic activity slowed somewhat' since
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Beige Book: Economic activity stable
Wed, 23 Jul 2008 22:15:00 GMT
Contacts in the Federal Reserve Bank of St. Louis district -- which covers eastern Missouri, Arkansas, western Kentucky, western Tennessee, southern Illinois, southern Indiana and northern Mississippi -- said there has been increased activity in the
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Fed says price pressures gain, growth slackens
Wed, 23 Jul 2008 22:11:00 GMT
By Mark FelsenthalWASHINGTON (Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as 'grim,' 'morose' or
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Federal Reserve reports 'mixed' U.S. tourism activity
Wed, 23 Jul 2008 21:53:00 GMT
Extract not available.
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US Fed should raise rates: official
Wed, 23 Jul 2008 21:52:00 GMT
WASHINGTON -- US interest rates are low and the Federal Reserve must raise them to curb inflation, but the US central bank should not ignore the real economy as it tightens policy, a top Fed official has said. 'It's important to move in a judicious way
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Fed Says Economic Activity Has Slowed Somewhat
Wed, 23 Jul 2008 21:52:00 GMT
(RTTNews) - Economic activity has slowed somewhat over the past month, according to the Federal Reserve's Beige Book, a compilation of anecdotal evidence on economic conditions from each of the 12 Federal Reserve districts. The report, released Wednesday
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Fed Beige Book: Price pressures elevated or rising
Wed, 23 Jul 2008 21:43:00 GMT
WASHINGTON - The pace of U.S. economic activity slowed somewhat through mid-July and price pressures were elevated or increasing across the country, the U.S. Federal Reserve said on Wednesday in a report showing evidence of inflation warning signs across
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FOREX-Dollar briefly pares gains on Fed's Beige Book
Wed, 23 Jul 2008 21:43:00 GMT
By Vivianne Rodrigues NEW YORK, July 23 - The dollar pared some gains versus the yen on Wednesday after a Federal Reserve survey of regional economic conditions showed activity slowed somewhat since the last report. For details, see [ID:nWEQ000057] The
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Euro lower against dollar at $1.5755 after Fed remarks
Wed, 23 Jul 2008 21:42:00 GMT
FRANKFURT (Agencies): The euro was lower against the U.S. dollar Wednesday after a Federal Reserve official said U.S. interest rates would probably have to be raised soon, regardless of economic difficulties. The 15-nation euro slipped to $1.5755 in
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Fed's Beige Book cites slow growth, higher price pressures
Wed, 23 Jul 2008 21:41:00 GMT
US economic activity appears to have slowed to a crawl in the past weeks even as price pressures intensified, the Federal Reserve said in its Beige Book report Wednesday. The Fed's latest survey of the US economy, to be used by its policymakers for their
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Federal Reserve: Energy prices good for oil and gas industry, but hamper economy
Wed, 23 Jul 2008 21:37:00 GMT
Rising oil prices in June and early July which have since pulled back to under $130 a barrel this week were expected to contribute to price increases for a wide range of products affected by higher transportation and production costs. Many producers
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Fed Beige Book: Price Pressures Elevated or Rising
Wed, 23 Jul 2008 21:33:00 GMT
WASHINGTON -- The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. The Fed's new snapshot of business conditions, released Wednesday, also underscored the
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Fed Sees Slowing Economy, Rising Prices
Wed, 23 Jul 2008 21:28:00 GMT
WASHINGTON (Dow Jones) -- The U.S. economy slowed in June and early July, while price pressures were elevated, with some manufacturers planning to charge more for goods, a Federal Reserve report said. The Fed's summary of economic activity, known as the
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WRAPUP 1-Fed says price pressures gain, growth slackens
Wed, 23 Jul 2008 21:22:00 GMT
WASHINGTON, July 23 (Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as 'grim,' 'morose' or 'bleak.' The
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Dollar mixed as Fed report shows US economy weighed by slower growth, rising prices
Wed, 23 Jul 2008 21:19:00 GMT
NEW YORK: The dollar was mixed against other major currencies Wednesday as oil prices tumbled further and a report from the Federal Reserve showed slower U.S. economic growth and rising prices. The euro fell to $1.5681 in late New York trading, down from
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Dollar mixed after Fed report shows slower growth
Wed, 23 Jul 2008 21:01:00 GMT
NEW YORK (AP) - The dollar was mixed against other major currencies Wednesday as oil prices tumbled further and a report from the Federal Reserve showed slower U.S. economic growth and rising prices. The euro fell to $1.5681 in late New York trading,
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Dollar mixed as Fed report shows economy weighed by slower growth, rising prices
Wed, 23 Jul 2008 21:00:00 GMT
- 4:49 p.m. NEW YORK (AP) - The dollar was mixed against other major currencies Wednesday as oil prices tumbled further and a report from the Federal Reserve showed slower U.S. economic growth and rising prices. The euro fell to $1.5681 in late New York
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U.S. Federal Reserve: Slower growth, rising prices wham economy
Wed, 23 Jul 2008 21:00:00 GMT
WASHINGTON - The United States slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. The Fed's new snapshot of business conditions, released Wednesday, also underscored the
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Bernanke gains influence over bond market
Wed, 23 Jul 2008 20:59:00 GMT
Extract not available.
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Dollar mixed after Fed report shows slower growth
Wed, 23 Jul 2008 20:58:00 GMT
NEW YORK (AP) -- The dollar was mixed against other major currencies Wednesday as oil prices tumbled further and a report from the Federal Reserve showed slower U.S. economic growth and rising prices.The euro fell to $1.5681 in late New York trading,
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Dollar mixed after Fed report shows slower growth
Wed, 23 Jul 2008 20:54:00 GMT
in late New York trading, down from $1.5788 it bought late Tuesday. The British pound rose to $1.9976 from $1.9920, while the dollar inched up to 107.93 Japanese yen compared with 107.21 yen the previous day. The Fed's latest snapshot of business
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Beige Book Looks blue
Wed, 23 Jul 2008 20:54:00 GMT
The Beige Book report, just released by the Federal Reserve, doesn't tell a very happy tale about the U.S. economy. In fact, I'd call it downright 'blue.' A few excerpts with my emphasis added: From the summary of the overall economy ... 'Residential
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Dollar briefly pares gains on Fed's Beige Book
Wed, 23 Jul 2008 20:49:00 GMT
NEW YORK (Reuters) - The dollar pared some gains versus the yen on Wednesday after a Federal Reserve survey of regional economic conditions showed activity slowed somewhat since the last report. The dollar was last up 0.4 percent against the yen at
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Beige Book: Hawaii, W. Coast economy stays stagnant
Wed, 23 Jul 2008 20:37:00 GMT
said upward price pressures remained severe for food and energy-intensive items, but were moderate for other products. Retail sales were weak with the exception of some spending from federal tax rebates. Demand for new and used vehicles was very weak,
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