Gary Siegel

The moderate recovery will continue this year, but a housing plan put forth by the Federal Reserve in a white paper this week could help boost the economy, Fed governor Elizabeth Duke said Friday.

The recovery remains slow, in part, as a result of the poor condition of household finances, which has stagnated new business formation, Federal Reserve Bank of Boston president and chief executive officer Eric Rosengren said Friday, suggesting the Fed could promote better recovery through stronger growth.

The Federal Reserve should consider further accommodation if the benefits outweigh the costs, Federal Reserve Bank of New York president William Dudley said Friday.

Newly issued Treasury securities held in stripped form decreased about $1.059 billion in December to a total of $195.464 billion, the Bureau of the Public Debt reported Friday.

The moderate recovery will continue this year, but a housing plan put forth by the Federal Reserve in a white paper this week could help boost the economy, Federal Reserve Board Governor Elizabeth Duke said Friday.

The recovery remains slow, in part, as a result of the poor condition of household finances, which has stagnated new business formation, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Friday, and he suggested the Fed could promote better recovery through stronger growth.

The Federal Reserve should consider further accommodation if the benefits outweigh the costs, Federal Reserve Bank of New York President William C. Dudley said Friday.

U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge crept to 98.6 from a revised 98.4 in November, originally reported as 98.3, according to data released Friday morning by the Economic Cycle Research Institute.

The Conference Board said it made the following benchmark revisions to how it calculates the leading economic indicators.

The U.S. services sector expanded at a quicker pace in December as the non-manufacturing business activity composite index was 52.6 in the month, compared to 52.0 in November, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.

The Treasury Department said it will auction $13 billion 29-year, 10-month notes on Thursday, Jan. 12.

The Treasury Department said it will auction $21 billion 9-year, 10-month notes on Wednesday, Jan. 11.

The Treasury Department said it will auction $32 billion three-year notes on Tuesday, Jan. 10.

The Treasury Department said it will auction $25 billion year bills on Tuesday, January 10.

The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.

The U.S. services sector expanded at a quicker pace in December as the non-manufacturing business activity composite index was 52.6 in the month, compared to 52.0 in November, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.

The overall economy grew for the 31st straight time, and the manufacturing sector expanded for the 29th time, the Institute for Supply Management reported Tuesday.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.015% high rate, down from 0.025% the prior week, and the six-months incurred a 0.055% high rate, unchanged from 0.055% the week before.

The Treasury Department said Tuesday it will sell $30 billion of four-week discount bills Wednesday.

The overall economy grew for the thirty-first straight time, while the manufacturing sector expanded for the twenty-ninth time, the Institute for Supply Management reported Tuesday.