U.S. Federal Reserve

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Summary Box: Consumer prices flat in February

AP News 6 hours ago

Summary Box: Consumer prices flat in January as weak economy keeps inflation in check COST OF LIVING FLAT: The price of clothing, shelter and other goods was unchanged last month, the government said, as a drop in energy prices offset a rise ...

Fed's emergency loans decline in past week

AP News 6 hours ago

Banks reduce their borrowing by average of $2.24 billion from Fed's emergency loan program Banks borrowed less from the Federal Reserve's emergency lending program over the past week in a further sign that the strains from the financial crisis are fading. The ...

Data points to modest recovery, muted inflation

Reuters US Online Report Top News 7 hours ago

WASHINGTON (Reuters) - Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time. Initial ...

Greenspan says Fed did not fuel the housing bubble

Reuters US Online Report Business News 11 hours ago

NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defense of why Fed policy did not fuel the housing bubble. Greenspan did offer somewhat of ...

European equities stumble on profit-taking

AFP Global Edition 12 hours ago

Europe's main stock markets stumbled on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit, dealers said. In late morning European trade, London's benchmark FTSE 100 index gained just 0.08 percent to 5,649.25 points, while the ...

Mortgage rates still below 5 percent

AP News 13 hours ago

Rates on 30-year mortgages edge up, but remain below 5 percent as Fed prepares exit Mortgage rates held below the 5 percent threshold for the third straight week as the Federal Reserve prepares to end a program that has kept rates at ...

February consumer prices flat on lower energy costs

Reuters US Online Report Business News 13 hours ago

WASHINGTON (Reuters) - Consumer prices were unexpectedly unchanged in February as a drop in energy costs was offset by higher food and medical care costs, a government report showed on Thursday, backing up the Federal Reserve's commitment to ultra low interest rates. ...

US consumer prices flat in February

AFP American Edition 14 hours ago

US consumer prices were flat in February, restrained by lower fuel prices, the government said Thursday. The consumer price index, a measure of the average change in prices of goods and services purchased by households, was unchanged from 0.2 percent in January, ...

Consumer prices were unchanged in February

AP News 14 hours ago

Consumer prices were flat last month, fresh evidence inflation remains in check Consumer prices were flat last month, as the weak economy limits the ability of companies to charge more for goods and services. The Labor Department's report Thursday indicates there is ...

Wall Street

AP News 17 hours ago

A trader watches a TV screen on the floor of the New York Stock Exchange in New York, Tuesday, March 16, 2010. Stocks held on to modest gains Tuesday after the Federal Reserve gave a mildly more upbeat view of the economy. ...

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