The differences are modest but show White House economists are being slower to downgrade their view of America's growth potential. While the Fed and the CBO have been cutting their views on long-term growth in recent years, the White House has held steady in each budget submitted since early 2013.. Prominent academics including former Treasury Secretary...» Read More
Is the Fed in Denial About Inflation? Home prices are falling, but consumer and producer prices are rising. That’s a conundrum for the Fed. Do investors really want the central bank to keep easing interest rates in the teeth of a 4.3 percent 12-month change in the consumer price index?
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?
Ben Bernanke will face Congress Wednesday to deliver the Fed’s biannual economic report. But could the outlook be different now that inflation is flaring?
Trading the sectors immune to inflation worries, with Jon Najarian.
A top Federal Reserve official said Tuesday that the danger the U.S. economy will weaken further is a bigger worry than higher inflation.
The dollar fell to record lows against the euro and basket of currencies Tuesday on worries over the health of the U.S. economy and prospects of more Federal Reserve interest rate cuts.
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.
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.
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.
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.
Weak consumer spending dragged down German growth in the final quarter of 2007 as inflation surged to a 14-year high, official data showed on Tuesday.
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.
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.
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.
The dollar and euro both gained against a weaker yen Monday as positive news for the U.S. financial sector boosted appetite for stocks and other riskier trades and helped underpin high-yielding currencies like the New Zealand dollar.
U.S. economic growth has stalled and recovery may take longer than usual, former U.S. Federal Reserve chairman Alan Greenspan said on Monday.
The dollar fell against the yen Friday, as investors shunned risky trades such as stocks and high-yielding currencies after a brokerage downgrade of the top two U.S. home-funding companies, Fannie Mae and Freddie Mac.
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.
This week the Philadelphia Federal Reserve reported contraction in its business activity index, hitting a minus 24 for the month and down further from the minus 20.9 reading in January. As a slowdown in the Mid-Atlantic region worsens, one of our editors wondered what is happening to Philly Feed (i.e., the Philly Cheesesteak) as the Philly Fed points to a slowing economy.
The impact of the turmoil in the international financial markets on Romania is likely to be limited, as the country enjoys robust economic growth and private lending is still at low levels, Economy and Finance Minister Varujan Vosganian told CNBC.com on Thursday.