Wednesday, April 7, 2010 as of 11:14 AM ET
The Beige Book, more formally called the Summary of Commentary on Current Economic Conditions, is a report published by the United States Federal Reserve Board eight times a year.
Read More at Wikipedia ›Is the economy improving? And is the Federal Reserve's current monetary policy appropriate?Going into the Federal Open Market Committee meeting Wednesday, spectators can expect a resounding "yes" on the second point -- and a measured affirmation to the first.
Jobs Still a WorrySome recent economic data support the view that the recovery remains tentative and that very accommodative policies are still necessary. The March employment numbers came in well under expectations, and the number of initial jobless claims for unemployment benefits has unexpectedly climbed in recent weeks since hitting a low point in February. As reported on April 19, initial jobless claims rose to 386,000 for the week ending April 14. The previous week came in at 370,000, later revised up to 388,000.With the intense focus on employment, not to mention housing, articulating the degree to which the economy has improved could be a slippery matter for the Fed.There are bright spots. For instance, retail spending was ...Margie Patel, Wells Fargo Advantage Funds senior portfolio manager, on the Beige Book report and market activity.
The U.S. economy continued to expand at a modest-to-moderate pace from mid-February through the end of March, though rising petroleum prices are causing some concern...
The U.S. economy continued to expand at a modest-to-moderate pace from mid-February through the end of March, though rising petroleum prices are causing some concern...
The U.S. economy kept growing moderately in the late winter months but rising prices for gasoline and other energy products were beginning to worry producers and con...
The U.S. dollar firmed slightly but Treasury prices remained flat on Wednesday after the Federal Reserve's Beige Book noted "modest to moderate" economic growth for ...
The U.S. economy continued to grow at a "modest to moderate pace" over the last month, the Federal Reserve said on Wednesday in the latest publication of anecdotes. ...
Constance Hunter of AXA Investment gives her outlook for Treasuries.
=========================================================== Construction Spending Jan Dec ! Consensus: ! Overall Spending -0.1% +1.4%r ! +1.0% ! Residential +1.6 +1....
FBN's Sandra Smith with an afternoon market update ahead of the closing bell, and the market reaction to the Fed's Beige Book report.
FBN’s Sandra Smith on the deal to offer Martha Stewart Living branded products in Home Depot through 2016.
FBN’s Peter Barnes on the state of the U.S. economy reported in the Fed’s Beige Book .
The Federal Reserve said the U.S. economy expanded modestly in January through mid-February as hiring picked up a bit across several districts.The U.S. central bank'...
Philadelphia Federal Reserve President Charles Plosser gives his outlook for GDP and unemployment.
Despite Friday's weak jobs report, a top Federal Reserve official forecast 3% economic growth for this year and said that unless economic conditions substantially wo...
Former Federal Reserve Governor Frederic Mishkin on whether the Federal Reserve will do more to help the economy’s recovery.
Alcoa CEO Klaus Kleinfeld on the company’s first quarter earnings results and boost from companies such as Boeing and Airbus.
FOX Business: The Power to ProsperAfter posting five-straight sessions of losses, Wall Street got a powerful jolt of optimism on Wednesday from Alcoa's earnings beat...
FBN’s Shibani Joshi with an afternoon market update, plus news that Verizon Wireless will start charging customers $30 for phone upgrades.
FBN’s Peter Barnes with the latest report from the Federal Reserve’s Beige Book .
