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  • Durable Goods Suffer Deeper Drop Than Expected Wednesday, 27 Feb 2008 | 11:18 AM ET

    New orders for long-lasting US-made manufactured goods fell by 5.3 percent in January, the biggest drop in five months and more than analysts expected.

  • Two Fed Governors Divided Over Inflation Threat Wednesday, 27 Feb 2008 | 11:00 AM ET
    Donald Kohn

    How serious is the risk of inflation? It depends on which Fed governor you ask.

  • TEXT: Bernanke's Testimony Wednesday, 27 Feb 2008 | 10:10 AM ET
    Federal Reserve Chairman Ben Bernanke.

    The text of Federal Reserve Chairman Ben Bernanke's testimony to the House Financial Services Committee on Febuary 27, 2008.

  • Can Bernanke Convince the Market He's on Top of It? Wednesday, 27 Feb 2008 | 8:03 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    Housing's in the tank, banks are scared to lend, but oil is at $100 a barrel and inflation is threatening to pick up -- what's a central banker to do?

  • Fed's Kohn: Economy Still Bigger Worry Than Inflation Tuesday, 26 Feb 2008 | 3:07 PM ET
    Donald Kohn

    A top Federal Reserve official said Tuesday that the danger the U.S. economy will weaken further is a bigger worry than higher inflation.

  • TEXT: Kohn's Speech Tuesday, 26 Feb 2008 | 1:16 PM ET

    The full text of a prepared speech by Federal Reserve Vice Chairman Donald L. Kohn on The U.S. Economy and Monetary Policy given on February 26, 2008.

  • US Home Prices Plunged at Record Pace Last Year Tuesday, 26 Feb 2008 | 12:50 PM ET

    The collapse in U.S. home prices accelerated to a record pace in the fourth quarter of 2007, with prices plunging 8.9 percent last year, according to a national home price index released on Tuesday.

  • Wholesale Inflation Soars On Rising Energy Costs Tuesday, 26 Feb 2008 | 11:46 AM ET

    Inflation at the wholesale level jumped 1 percent in January on rising energy costs and posted the biggest 12-month gain in more than 26 years.

  • Pimco's Gross: Inflation Hurts Treasuries Appeal Tuesday, 26 Feb 2008 | 8:57 AM ET
    Bill Gross

    U.S. government bonds hold little appeal with inflation making a strong comeback, the manager of the world's largest bond fund said on Tuesday.

  • Economy to Skirt Recession, but Growth to Crawl: NABE Monday, 25 Feb 2008 | 11:58 AM ET
    A foreclosed home for sale.

    The U.S. economy will likely avoid a recession but growth will slow to a crawl during the first half of this year, a panel of business economists forecast Monday.

  • Home Resales Hit 10-Year Low, Prices Keep Sliding Monday, 25 Feb 2008 | 11:28 AM ET
    Home prices continuing to drop.

    Sales of existing homes fell to the lowest level in nearly a decade in January while the median price for a home dropped for the fifth straight month.

  • Bargain Home Prices May Lure Buyers Back Soon Monday, 25 Feb 2008 | 11:21 AM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    The distressed U.S. housing market should get a lift this spring as bargain prices lure prospective buyers, but tighter lending will limit any rebound.

  • Greenspan Says US Growth is at Zero Monday, 25 Feb 2008 | 5:24 AM ET
    On his last day as chairman of the Board of Governors of the Federal Reserve System, Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting at the the Fed's headquarters in Washington, Tuesday, Jan. 31, 2006. He is speaking to Deborah J. Danker, at left, special assistant to the board, with Vice Chairman Roger W. Ferguson Jr., at right. Greenspan has held the post for more than 18 years and is widely viewed as the most successful chairman in the Fed's 92-year h

    U.S. economic growth has stalled and recovery may take longer than usual, former U.S. Federal Reserve chairman Alan Greenspan said on Monday.

  • Fed's Fisher: Rate Cuts Need Time to Work Friday, 22 Feb 2008 | 2:54 PM ET
    Hundred Dollar

    Dallas Federal Reserve President Richard Fisher said on Friday that it will take some time for interest-rate cuts the Federal Reserve has made since last September to kick in and boost the economy.

  • Philly Fed Factory Activity Slumps Further in February Thursday, 21 Feb 2008 | 8:39 AM ET
    Auto assembly line

    Contraction in U.S. Mid-Atlantic factory production accelerated in February as manufacturers pulled back in anticipation of an economic downturn, according to the Philadelphia Federal Reserve.

  • That '70s Look: Stagflation Thursday, 21 Feb 2008 | 5:17 AM ET

    Lately, many people are hearing an echo — faintly perhaps but distinctly audible — of the stagflation of the 1970s.

  • Inflation Gathers Steam as Housing Slides Further Wednesday, 20 Feb 2008 | 4:25 PM ET

    US inflation accelerated in January in a worrying sign for the Federal Reserve's campaign to bolster the flagging economy. 

  • Fed Sees Credit, Housing Cutting Into Growth Wednesday, 20 Feb 2008 | 3:01 PM ET
    The Federal Reserve headquarters in Washington, DC.

    The Federal Reserve lowered its projection for economic growth this year, citing damage from the housing slump and credit crunch.

  • Fed's Poole: Recession Unlikely but Inflation a Risk Wednesday, 20 Feb 2008 | 2:47 PM ET

    The U.S. economy will probably avoid a recession but inflation is also a risk and the Federal Reserve must not ignore this threat as it battles weak growth, one of the Fed's top policy-makers said.

  • Text: FOMC Minutes Wednesday, 20 Feb 2008 | 2:21 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    The text of the minutes from the Federal Open Market Committee's meeting on January 29-30, released on February 20, 2008.