Gary Siegel

The region's non-manufacturing sector “continued to expand, but with a slowing in the pace of growth.”

The Chicago Fed National Activity Index for October increased to 0.65 from 0.36 in September, while the three-month moving average (CFNAI-MA3) rose to 0.28 from 0.01, the Federal Reserve Bank of Chicago reported Tuesday.

Federal Reserve Board Chair Janet Yellen will resign as a member of the Fed’s Board of Governors when Jerome Powell is sworn in as chair, the Fed announced Monday.

Falling Treasury yields despite Federal Reserve short-term rate hikes have caused "conundrum" like that seen in 2004-2005, according to a Federal Reserve Bank of San Francisco, but unlike the earlier occasion, economists may understand it better this time.

Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were higher on Monday, as the three-months incurred a 1.285% high rate, up from 1.240% the prior week, and the six-months incurred a 1.415% high rate, up from 1.360% the week before.

The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.

The composite of the Leading Economic Index was up 1.2% in October.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "slowed slightly but remained solid, and optimism for future activity remained high."

A global perspective must be used to prepare for the next recession, even though it’s not on the near horizon, Federal Reserve Bank of San Francisco President John Williams said Thursday.

The Treasury Department sold $11 billion of inflation-indexed 9-year 8-month TIPs at a 0.512% high yield, an adjusted price of 99.585502, with a 3/8% coupon.

The Treasury Department said Thursday it will auction $42 billion 90-day bills and $36 billion 181-day discount bills Monday.

Builders’ confidence in the market for new single-family homes increased.

Industrial production grew 0.9% in October, the Federal Reserve reported Thursday.

Changing demographics will be a challenge for policymakers, who will have to constantly evaluate and adapt, Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

The region's manufacturing sector expanded in November, at a slower pace than in October.

The New York region's service sector activity "expanded at a robust pace," according to the Federal Reserve Bank of New York's November Business Leaders Survey, released Thursday.

Gradually raising interest rates remains appropriate, including a 25 basis point increase in December, Federal Reserve Bank of Boston President Eric Rosengren said.

Business inventories were unchanged at $1.889 trillion in April, while sales were 1.4% higher at $1.390 trillion, the Commerce Department reported Wednesday.

The Empire State Manufacturing Survey showed "business activity continued to grow strongly in New York State."

Writing off soft inflation, Federal Reserve Bank of Atlanta President and CEO Raphael Bostic believes gradual rate increases will remain appropriate for the “next couple of years,” but tax reform "could move the needle."