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By Aki Ito, Bloomberg |
May 23, 2013
Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again.
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By Jeanna Smialek, Bloomberg |
May 23, 2013
Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains.
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By Susanne Walker and Cordell Eddings, Bloomberg |
May 22, 2013
Treasuries fell, pushing 10-year note yields above 2 percent for the first time since March, after Federal Reserve Chairman Ben S. Bernanke told Congress the Fed may cut the pace of bond purchases at the next few meetings if policy makers see indications of sustained economic growth.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Susanne Walker and Emma Charlton, Bloomberg |
May 21, 2013
Treasury 10-year note yields traded at almost the highest level in two months before Federal Reserve Chairman Ben S. Bernanke testifies on the economy in Congress tomorrow.
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By Michelle Jamrisko and Aki Ito, Bloomberg |
May 20, 2013
Federal Reserve Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus.
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By Cordell Eddings, Bloomberg |
May 20, 2013
The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.
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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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By Jeanna Smialek, Bloomberg |
May 17, 2013
The index of U.S. leading indicators climbed in April, a rebound from March that suggests the world’s largest economy may be poised for further expansion.
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By David J. Lynch |
May 16, 2013
The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, a recent poll suggests.