Gary Siegel

NEW YORK – Reported foreclosure irregularities concern Federal Reserve Board Chairman Ben S. Bernanke, the Fed chief said this morning.

NEW YORK - The Chicago Fed National Activity Index for September declined to negative 0.58 from a revised negative 0.49 reading in August, originally reported as negative 0.53.

NEW YORK – Hiring should rise in the next six months, according to the results of the most recent National Association for Business Economics survey, released Monday.

Manufacturing activity in the Philadelphia region was nearly flat in October, as the general business conditions index rose to a level of 1.0 from a previous reading of negative 0.7, according to data from the Federal Reserve Bank of Philadelphia Report on Business.

The composite index of leading economic indicators grew 0.3% in September, the Conference Board reported Thursday.

NEW YORK - The Treasury Department said it will auction $10 billion four-year six-month inflation-indexed bonds on Monday, October 25.

NEW YORK - The Treasury Department said it will auction $29 billion seven-year notes on Thursday, October 28.

NEW YORK - The Treasury Department said it will auction $35 billion five-year notes on Wednesday, Oct. 27 and $35 billion two-year notes on Tuesday, Oct. 26.

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 region's manufacturing sector was nearly flat in October, as the general business conditions index climbed to positive 1.0 from negative 0.7 in September, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

NEW YORK - The composite index of Leading Economic Indicators grew 0.3% in September, the Conference Board reported today.

Federal Reserve Bank of Philadelphia president Charles I. Plosser said market “failures” seen during the financial crisis resulted from poorly-conceived regulations that created distorted incentives.

Mortgage loan application volume slumped 10.5% the week ended Oct. 15, according to the Mortgage Bankers Association Weekly Mortgage Applications Survey released Wednesday.

NEW YORK – Market “failures” seen during the financial crisis resulted from “poorly conceived regulations,” that created “distorted incentives,” said Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated October 21, due December 16, at a 0.150% high tender rate.

NEW YORK – Mortgage loan application volume slumped 10.5% in the week ended October 15, according to the Mortgage Bankers Association Weekly Mortgage Applications Survey released Wednesday.

No decision will be made on a second round of quantitative easing until the Federal Open Market Committee meets Nov. 3, and the outcome of that meeting “is yet to be determined,” Federal Reserve Bank of Dallas president and chief executive officer Richard W. Fisher said Tuesday.

The sluggish recovery has slowed and will not be enough to drive the unemployment rate below 8% until 2012, Federal Reserve Bank of Chicago president Charles Evans said Tuesday.

Federal Reserve Bank of New York president William Dudley said Tuesday that gross domestic product expanded more slowly in the third quarter and economic sluggishness will continue.

NEW YORK – No decision will be made on a second round of quantitative easing, and none will be made until the Federal Open Market Committee meets on November 3, and the outcome of that meeting “is yet to be determined,” Federal Reserve Bank of Dallas President and CEO Richard W. Fisher said Tuesday.