Gary Siegel

Charles I. Plosser, president and chief executive of the Federal Reserve Bank of Philadelphia, described the national economic recovery as “relatively slow but sustainable” in a speech Thursday in Rochester, N.Y.

Pending home sales surged 10.4% to a level of 89.3 in October from 80.9 in September, according to an index released Thursday by the National Association of Realtors.

NEW YORK – A “clear” disinflationary trend began in the U.S. this year and monetary policy should be designed to prevent further inflation, St. Louis Federal Reserve Bank President James Bullard told the National Economists Club Thursday.

NEW YORK – While terming the recovery as “relatively slow but sustainable,” Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said that should there be proof that the latest round of quantitative easing is not working, he would back a change in policy.

NEW YORK - The Treasury Department said Thursday it will auction $29 billion 91-day bills and $28 billion 182-day discount bills Monday.

NEW YORK - The Treasury Department said it will auction $32 billion three-year notes on Tuesday, Dec. 7.

NEW YORK - The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Wednesday, Dec. 8.

NEW YORK - The Treasury Department said it will auction $13 billion 29-year, 11-month notes on Thursday, Dec. 9.

NEW YORK - Pending home sales surged 10.4% to a reading of 89.3 in October from an unrevised 1.8% dip to 80.9 in September, according to an index released Thursday by the National Association of Realtors.

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

The U.S. manufacturing sector expanded for the 16th consecutive month in November, according to the Institute for Supply Management’s report on business released Wednesday.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated December 2, due January 27, 2011, at a 0.155% high tender rate.

NEW YORK – About 4,457,200 online job postings appeared on leading Internet job boards in November, up 47,400 from October, The Conference Board reported today.

NEW YORK - The overall economy grew for the nineteenth straight time, while the manufacturing sector expanded for the sixteenth time, the Institute for Supply Management reported this morning.

NEW YORK – Problems from the housing bubble remain, Federal Reserve Board Governor Daniel Tarullo told the Senate Committee on Banking, Housing, and Urban Affairs Wednesday.

NEW YORK – Premature fiscal tightening “could retard an already tepid economic recovery, Federal Reserve Board Vice Chair Janet L. Yellen said today.

New York City business activity rose to a five-month high in November, according to the Institute for Supply Management-New York’s Report on Business.

The Chicago Purchasing Managers’ Business Barometer rose to 62.5 in November from 60.6 in October, the National Association of Purchasing Management-Chicago said Tuesday.

Consumer confidence surged ahead of economist expectations in November, climbing to 54.1 from a level of 49.9 the previous month, the Conference Board reported Tuesday.

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.175% high yield, a price of 99.986389.