The latest Beige Book report by the U.S. Federal Reserve confirms what recent economic data has suggested: The U.S. economic recovery has accelerated in most U.S. regions, an improvement propelled by a manufacturing expansion and by increased hiring.
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The latest Beige Book report by the U.S. Federal Reserve confirms what recent economic data has suggested: The U.S. economic recovery has accelerated in most U.S. regions, an improvement propelled by a manufacturing expansion and by increased hiring.
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In its latest meeting minutes, the Fed said it now expects the U.S. economy to grow more weakly in both 2010 and 2011, with as many as six years needed to return unemployment to normal levels of 5% to 6%.
Conti…
The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…
Sarah Palin, former governor of Alaska, commented on the Federal Reserve’s plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should “cease and desist.”
“We shouldn’t be playing around with inflation,” Palin said in re…