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By Steve Matthews, Bloomberg |
April 3, 2013
Federal Reserve Bank of St. Louis President James Bullard said the Fed is in no hurry to reduce its record bond buying with inflation running below its 2 percent target.
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By Lorraine Woellert and Jeanna Smialek, Bloomberg |
March 28, 2013
Confidence among U.S. consumers fell to a six-week low and claims for jobless benefits rose more than forecast, highlighting the risks to the economy posed by federal government budget cuts.
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By Steve Matthews and Michelle Jamrisko, Bloomberg |
March 27, 2013
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.
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By Phoebe Sedgman |
March 26, 2013
Gold headed for the first back-to-back quarterly losses since 2001 as demand for the metal as a store of wealth fell.
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By Alex Kowalski, Bloomberg |
March 26, 2013
Residential real estate prices increased in January by the most since June 2006, indicating the U.S. housing market strengthened at the start of the year.
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By Hans Nichols, Bloomberg |
March 22, 2013
Federal Reserve Chairman Ben S. Bernanke said he’s “spoken to the president a bit” about his future and that he feels no personal responsibility to stay at the helm until the Fed winds down its unprecedented policies to stimulate the economy.
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By Nicholas Larkin, Bloomberg |
March 22, 2013
Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus.
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By Stephen Kirkland, Lu Wang and Sarah Pringle, Bloomberg |
March 21, 2013
U.S. and European stocks slid, the euro weakened and commodities declined after data showed an unexpected contraction in German manufacturing and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Jeanna Smialek, Bloomberg |
March 21, 2013
Sales of previously owned U.S. homes rose in February to the highest level in more than three years, sustaining a rebound that is bolstering growth.
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By Lu Wang and Sarah Pringle, Bloomberg |
March 20, 2013
U.S. stocks rose, snapping a three- day decline in the Standard & Poor’s 500 Index, as the Federal Reserve will keep up its bond buying to stimulate the economy and euro-area leaders weighed options for Cyprus.
