Reuters: Economic News

Gasoline pushes inflation up in January

Fri, 17 Feb 2012 21:21:18 -0500

WASHINGTON (Reuters) - Gasoline prices jumped in January, leading overall consumer prices higher and offering a reminder of the risks energy costs pose to the economic recovery.

Home resales at 1-1/2 year-high, supply falls

Wed, 22 Feb 2012 17:03:21 -0500

WASHINGTON (Reuters) - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing...

Bernanke says recovery slow but small banks climbing back

Thu, 16 Feb 2012 09:37:04 -0500

WASHINGTON (Reuters) - The weak economic recovery has made it harder for banks to make money from loans but the financial conditions of smaller institutions appear to be solidifying, Federal Reserve...

Fed primary dealer survey: First hike likely in 2014

Thu, 16 Feb 2012 16:01:45 -0500

NEW YORK (Reuters) - U.S. primary dealers on average saw the highest probability of the first U.S. interest rate increase in the first half of 2014, according to a January survey conducted by the New...

Philly Fed factory activity gains in February

Thu, 16 Feb 2012 10:43:11 -0500

NEW YORK (Reuters) - The pace of factory activity in the U.S. Mid-Atlantic region gained momentum in February as new orders picked up, a survey showed on Thursday.

Core producer price rise largest in 6 months

Thu, 16 Feb 2012 08:36:16 -0500

WASHINGTON (Reuters) - Producer prices outside food and energy recorded their largest increase in six months in January, but are unlikely to ignite inflation pressures given the slack in the labor...

Manufacturing, housing data flag underlying strength

Wed, 15 Feb 2012 14:55:03 -0500

WASHINGTON (Reuters) - U.S. manufacturing output rose in January and a gauge of factory activity in New York state hit a 1-1/2-year high in February, showing a solid underpinning for the economic...

Fed's Fisher to Wall Street: QE3 is "fantasy"

Wed, 15 Feb 2012 11:34:12 -0500

SAN MARCOS, Texas (Reuters) - Dallas Federal Reserve Bank President Richard Fisher had a message for Wall Street on Wednesday: don't expect more from the U.S. central bank.

Some at Fed saw more bond buying before long

Wed, 15 Feb 2012 18:46:54 -0500

WASHINGTON (Reuters) - A few Federal Reserve officials in January believed another round of bond buying by the central bank would be needed before long to support the U.S. economy while others...

February NY Fed manufacturing growth highest in 1-1/2 years

Wed, 15 Feb 2012 10:14:43 -0500

NEW YORK (Reuters) - A gauge of manufacturing in New York State picked up in February to its highest level in more than 1-1/2 years, though the pace of new orders slowed, the New York Federal Reserve...