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THE ECONOMY.(TO THE POINT)
Construction spending hits high
U.S. outlays on construction rose 0.5% in Sept. vs. Aug. to a seasonally adjusted annual rate of $1.120 tril. The increase matched views and was boosted by another gain in residential real estate investment. Business construction, in contrast, fell 0.3%, said the Commerce Dept.
Consumer confidence slips a bit
The ABC News/Washington Post consumer comfort index fell to -21 vs. -17 two weeks ago and below the average for the year. Weighing on outlooks, the poll found consumers awarded lower ratings to their finances and the buying climate. The outlook on the national economy was soft, but didn't slip.
** Ex-Fed Chairman Paul Volcker warned the U.S. needs to "be careful about inflation" and said Fed chair nominee Ben Bernanke "has a lot of challenges ahead" with debt and inflation at high levels.
Global manufacturing picks up
A global purchasing managers' index rose to 54.9 in Oct. vs. Sept., a 13-month-high. Euro zone, U.K. and Japanese readings offset a slight slowdown in the pace of U.S. ...
- Fed Chairman Ben Bernanke says he believes the [Derived Headline]
- Newspaper article from: New Haven Register Jack Golas September 16, 2009 700+ words
Fed Chairman Ben Bernanke says he believes the worst recession since the 1930s is coming to an end, C1 SOUNDOFF Is Bernanke right, or is it just wishful thinking?
- Fed Chairman Ben Bernanke still wants a formal inflation target.(ECONOMIC...
- Newspaper article from: The Kiplinger Letter December 15, 2006 700+ words
Fed Chairman Ben Bernanke still wants a formal inflation target to guide the Federal Reserve's policy on interest rates. He has formed a special committee...
- Will Retail Deposits Be Uncapped? Fed Chairman Ben Bernanke and others worry...
- Magazine article from: US Banker Sisk, Michael December 1, 2008 700+ words
...competition, and it increases the danger those institutions pose to the system as a whole." She points to testimony Fed Chairman Ben Bernanke gave on Capital Hill this fall. "There has been - not just recently but for a number of years a great deal...
- Will Retail Deposits Be Uncapped?: Fed Chairman Ben Bernanke and others worry...
- News wire article from: Banking Wire Sisk, Michael December 31, 2008 700+ words
...competition, and it increases the danger those institutions pose to the system as a whole." She points to testimony Fed Chairman Ben Bernanke gave on Capital Hill this fall. "There has been - not just recently but for a number of years a great deal...
- Fed Chairman-designate Ben Bernanke and inflation...(MONEY)
- Newspaper article from: The Kiplinger Letter October 28, 2005 700+ words
Fed Chairman-designate Ben Bernanke will be an inflation hawk... Even more of one than current Chairman Alan Greenspan. Bernanke believes that stifling inflation...
- How successful has Ben Bernanke's first term as Fed chairman been?
- Newspaper article from: The Independent - London AMOL RAJAN August 26, 2009 700+ words
...President Obama interrupted his family summer holiday at Martha's Vineyard yesterday to announce the renomination of Ben Bernanke to the post of chairman of the Federal Reserve. Mr Bernanke's four- year term was due to expire in January. The re...
- Big good Ben: Fed chairman Ben Bernanke is no Alan Greenspan. For a while, that...
- Magazine article from: New York Cramer, James J. July 17, 2006 700+ words
BIG SHOES TO FILL. Really big shoes. Could there be more conventional wisdom about Ben Bernanke's ascension to Federal Reserve chairman after the glory years of Alan Greenspan? Wasn't Greenspan the man who steered the...
- Ideas Before Dawn to discuss new Fed chairman.(Ben Bernanke)(Brief article)
- Magazine article from: Crain's Detroit Business Scharich, Joanne October 30, 2006 700+ words
...Outlook 2007: The Fed Under Bernanke,'' a discussion of how the financial markets may react to new Federal Reserve chairman Ben Bernanke, is the topic of Nov. 8's Ideas Before Dawn meeting. Carl Tannenbaum, group senior vice president and chief economist...
