Gary Siegel

NEW YORK - U.S. inflationary pressures were higher in January, as the U.S. future inflation gauge grew to 101.6 from a revised 100.5 in December, according to data released this morning by the Economic Cycle Research Institute.

Federal Reserve Board Chairman Ben S. Bernanke said Thursday that low inflation and high unemployment would normally trigger rate cuts, if they weren't already near zero and if growth were stronger.

The U.S. services sector expanded at the fastest pace in nearly five years in January, rising to a seasonally adjusted 59.4 from 57.1 in December, the Institute for Supply Management reported Thursday.

NEW YORK – While recovery continues, perhaps a little stronger than it has been, the low inflation rate combined with high unemployment would normally push the Federal Open Market Committee to cut rates, if they weren’t already near zero, Federal Reserve Board Chairman Ben S. Bernanke said Thursday.

NEW YORK - The Treasury Department said it will auction $22 billion year bills on Tuesday, Feb. 8.

NEW YORK - The Treasury Department said Thursday it will auction $32 billion 91-day bills and $30 billion 182-day discount bills Monday.

NEW YORK – The U.S. services sector expanded at a faster pace in January as new orders picked up, the Institute for Supply Management reported Thursday.

NEW YORK - The European Central Bank announced its Governing Council held interest rates at current levels at its latest monetary policy meeting Thursday.

Private-sector employment rose by 187,000 jobs in January on a seasonally adjusted basis as the labor market accelerated into the fastest pace of job creation in five years, according to the ADP National Employment Report released Wednesday.

Mortgage loan applications rose 11.3% to a level of 491.7 in the week ended Jan. 28, according to the Mortgage Bankers Association.

NEW YORK – The Treasury Department said Wednesday it will refund $72 billion in securities to raise 50.2 billion.

Inclement weather continued to damp chain store sales, which fell 1.0% in the week ended Jan. 29, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released on Tuesday.

U.S. manufacturing unexpectedly rose in January to the highest level since May 2004, according to the Institute for Supply Management.

NEW YORK - The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.160% high yield, a price of 99.987556.

NEW YORK – U.S. manufacturing increased in January, reaching its highest level since May 2004, according to the Institute for Supply Management.

The Chicago Purchasing Managers’ Business Barometer — a regional manufacturing gauge — rose to 68.8 in January from 66.8 in December, the National Association of Purchasing Management-Chicago said Monday.

The economy has given signs of sustained recovery this year, but central bankers must keep U.S. policy accommodative, according to Federal Reserve Bank of Atlanta president Dennis Lockhart.

NEW YORK – The economy has given signs of sustained recovery this year, but the Fed must keep policy accommodative, according to Federal Reserve Bank of Atlanta President Dennis Lockhart.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.150% high rate, down from 0.155% the prior week, and the six-months incurred a 0.170% high rate, down from 0.180% the week before.

NEW YORK - The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.