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New residential construction figures surpassed generous expectations, with low mortgage rates fueling the gains, which could be a boon for economic growth.
August 18 -
Monday's economic indicators were mixed, as the National Association of Home Builders reported the housing market index is at an all-time high but the New York Fed reported that business activity edged slightly higher in New York, but the general business index dropped sharply.
August 17 -
Having people who are “outside the mainstream” on the Federal Reserve’s Board of Governors won’t create “huge amounts of problems” because they won’t set the path for monetary policy alone, former New York Federal Reserve President William Dudley said.
July 23 -
A handful of economic indicators offered no clarity about the economy, which appears to be improving marginally, but remains fragile.
July 16 -
Although economic activity increased, an uncertain outlook clouds the future.
July 15 -
Fed chair says recovery has started but will take time and follow "uncertain" path.
June 16 -
With interest rates on hold until the picture is clearer, the Summary of Economic Projections should take center stage.
June 8 -
Federal Reserve action to keep credit flowing rewards risky behavior and the remedy may be tougher regulation in the future, said former New York Federal Reserve Bank President William Dudley.
June 3 -
Federal Reserve Bank of New York President John Williams said policy makers are “thinking very hard” about targeting specific yields on Treasury securities as a way of ensuring borrowing costs stay at rock-bottom levels beyond keeping the benchmark interest rate near zero.
May 27 -
Numbers in the fall will offer clearer picture of where economy is.
May 21