Federal Reserve Bank of Dallas

The data continue to offer a mixed picture, with manufacturing expanding, services hurting, and while construction spending rose more than expected, it followed a downward revision to the previous month's number.

Pending home sales unexpectedly declined in October, the second consecutive month they dropped.

But in the second half of 2021, the U.S. economy is likely to have a strong recovery from the pandemic.

Consumers cut back on purchasing plans, suggesting they see a tough fourth quarter, economists said.

The economic news was mixed again Monday, with home sales unexpectedly dipping, while two reads of manufacturing showed expansion continued, but one suggested a slower rate of growth.

Federal Reserve Bank of Dallas President Robert Kaplan said the central bank has been clear to investors and businesses on where the benchmark policy rate will be over the next few years.

Economic indicators released on Tuesday showed good signs in both consumer confidence and home prices.

"Large, unacceptable risks" remain in the financial system, the president of the Federal Reserve Bank of Minneapolis told the Conference of Institutional Investors.

The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.

The Federal Reserve has already given enough guidance about the likely path of interest rates at this juncture and doesn’t need to offer more, Dallas Fed President Robert Kaplan said.

The recovery from COVID-19 will not happen quickly and Americans should "learn to live" with the virus, as it will be around much longer than expected or hoped for.

A continuation of some form of extra unemployment benefits would bolster economic growth, Federal Reserve Bank of Dallas President Robert Kaplan said.

As the coronavirus infections rise in parts of the nation, the economy is suffering.

With rates at zero lower bound, and staying there, analysts are focusing on the post-meeting statement.

Wide-spread mask wearing and following other health-care measures will be vital to economic growth in the U.S., said Federal Reserve Bank of Dallas President Robert Kaplan.

With interest rates expected to stay near zero for the foreseeable future, the market expects the Fed to implement yield curve control.

Pending home sales appear to be reversing the coronavirus-related downturn.

Wearing masks and following guidelines will help boost the economy into recovery.

The coronvirus pandemic led to economic declines and contacts are unsure how quick recovery will be.

Although up from the worst levels, indicators are not signalling recovery.