Tag Archive | "federal reserve"

Bond traders wait for Fed’s next move

Treasuries continued to trade in a narrow range Thursday as investors remained on the sidelines in anticipation that the Federal Reserve will soon take action to stimulate the economy.

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US economy grows at ‘modest’ pace: Federal Reserve (AFP)

An empty construction lot is seen on Las Vegas Boulevard in Nevada. The gaming capital of America has been especially hard hit by the economic downturn with unemployment currently at 14.7 percent and the highest foreclosure rate in the nation.(AFP/Getty Images/File/Spencer Platt)AFP – The US economy is expanding modestly but job prospects remain dim, the Federal Reserve has said in a report seen as unlikely to change anticipation of a new stimulus.

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Asian stocks up on hopes of U.S. stimulus

SINGAPORE (Reuters) – Asian stocks rose on Thursday on growing expectations of more stimulus from the U.S. Federal Reserve, although gains were modest as investors took a cautious stance ahead of critical economic data from China.

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Asian stocks up on hopes of U.S. stimulus (Reuters)

A man walks past a display showing stock market prices inside a bank in Taipei August 31, 2010. REUTERS/Nicky LohReuters – Asian stocks rose on Thursday on growing expectations of more stimulus from the U.S. Federal Reserve, although gains were modest as investors took a cautious stance ahead of critical economic data from China.

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Summary Box: US economy logs uneven growth (AP)

AP – NOT UNIFORM: The U.S. economy grew unevenly in early fall, with more than half the regions of the country expanding modestly while others struggled to grow, according to a new Federal Reserve survey.

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Dollar gives up most of previous day’s gains (AP)

AP – Investors resumed selling the dollar Wednesday, pushing the currency to another 15-year low against the yen, after the Federal Reserve released a survey showing mostly modest growth in the U.S. economy.

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US dollar slips on Fed easing talk, stocks up

The US dollar weakened broadly on Wednesday as investors expected the Federal Reserve will soon offer additional stimulus to the economy.

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US economy growing at ‘modest’ pace: Federal Reserve (AFP)

AFP – The US economy has been expanding at a “modest” pace recently as crucial consumer spending remained sluggish, the Federal Reserve said Wednesday.

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Economy grew sluggishly in recent weeks: Fed (Reuters)

Reuters – The economy grew sluggishly in recent weeks with scant inflation pressures, and employers were reluctant to hire or invest amid economic and policy uncertainties, the Federal Reserve said on Wednesday.

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Treasury yields flat ahead of Fed’s Beige Book

Treasury prices were flat Wednesday, following the previous session’s rally, as investors await the afternoon release of the Federal Reserve’s Beige Book.

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