Tag - U.S. Economy
A still buoyant Wall Street closed moderately lower yesterday, having scratch its way back from an early-session nose-dive after positive manufacturing data dispelled fears of flagging US economy. The Dow Jones industrials average closed 34 points...
The Federal Reserve has indicated that it can raise interest rates if inflation moved up. The Fed's Chairman Ben S. Bernanke while maintaining that the US economy might be stronger than it appears, repeated that the central bank was monitoring...
The Federal Reserve is broadly believed to keep a short-term interest rate unchanged for the fifth successive time in its forthcoming meeting on January 31. However, experts and Wall Street keeping a close eye on the Federal Reserve's policy...
Notwithstanding with the optimist forecast, the US economy growth rate in the third quarter touched a new low as housing market continues to shake consumer confidence. Gross domestic production of the U.S. rose by 2 percent in the third quarter...
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