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Unemployment Insurance Weekly Claims
In the week ending April 6, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 11,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 221,000 to 222,000. The 4-week moving average was 214,250, a decrease of 250 from the previous week's revised average. The previous week's average was revised up by 250 from 214,250 to 214,500. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 30, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured ... (full story)
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The Producer Price Index for final demand rose 0.2 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 ...
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed the Governing Council’s previous assessment of the medium-term inflation outlook. Inflation has continued to fall, led by lower food and goods price inflation. Most measures of underlying inflation are easing, wage growth is gradually moderating, and firms are absorbing part of the rise in labour costs in their profits. Financing conditions remain restrictive and the past interest rate increases continue to weigh on demand, which is helping to push down inflation. But domestic price pressures are strong and are keeping services price inflation high. post: EUROZONE ECB INTEREST RATE DECISION (APR) ACTUAL: 4.50% VS 4.50% PREVIOUS; EST 4.50% EUROZONE ECB MARGINAL LENDING FACILITY ACTUAL: 4.75% VS 4.75% PREVIOUS; EST 4.75% EUROZONE DEPOSIT FACILITY RATE (APR) ACTUAL: 4.00% VS 4.00% PREVIOUS; EST 4.00% post: ECB leaves rates unchanged, repeats line on policy remaining sufficiently restrictive as long as necessary, stands ready to adjust all instruments post: ECB SAYS IN ANY EVENT, IT WILL CONTINUE TO FOLLOW A DATA-DEPENDENT AND MEETING-BY-MEETING APPROACH TO DETERMINING APPROPRIATE LEVEL AND DURATION OF RESTRICTION AND IS NOT PRE-COMMITTING TO A PARTICULAR RATE PATH.ECB holds rates at record highs, signals upcoming cut The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal that it may be preparing to cut them as euro zone inflation continues to fall. The central bank for the 20 countries that share the euro currency kept its deposit rate at 4.0%, where it has been since September as part of a 1-1/2-year effort to rein in prices. But, with inflation now close to the ECB's 2% target, bank lending at a standstill and the economy barely growing, the ECB dropped fresh hints about a possible cut at its next meeting. "If the Governing Council’s updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission were to further increase its confidence that inflation is converging to the target in a sustained manner, it would be appropriate to reduce the current level of monetary p
The European Central Bank (ECB) will announce its monetary policy decision on Thursday. Market participants anticipate no changes to the current policy, but policymakers continue ...
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ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to ...
Good morning. The Federal Home Loan Bank of New York and the New York Fed share a commitment to supporting economic strength in communities and households in our region. I look forward to speaking more about that in my discussion with President José González in a few minutes. Before we get to that conversation, I’ll spend some time focusing on how the Federal Reserve is working to achieve our goals of maximum employment and price stability. I’ll also discuss the significant progress we’ve seen in restoring balance to the economy and bringing inflation back down to the Federal Open Market Committee’s (FOMC’s) 2 percent longer-run goal. Finally, I’ll share more on the trajectory of the Fed’s balance sheet as well as my view on where the economy is headed overall. Now I need to provide the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the FOMC or others in the Federal Reserve System. post: Fed’s Williams: Fed Has Made ‘Considerable Progress’ on Lowering Inflation Fed’s Williams: Inflation Moving Toward 2%, Expects Further Bumps Fed’s Williams: Inflation to Stand at 2.25%-2.5% This Year Fed’s Williams: Expects Unemployment Rate to Rise to 4% This Year post: FED’S WILLIAMS: OUTLOOK IS UNCERTAIN, THE FED MUST BE DATA DEPENDENT. post: NYFED'S WILLIAMS/FHLB: REPEATS, 'IF ECONOMY PROCEEDS AS EXECTED, IT WILL MAKE SENSE TO DIAL BACK THE POLICY RESTRAINT GRADUALLY ... STARTING THIS YEAR' #Williams #FederalReserve post: FED'S WILLIAMS: I SEE A "GREAT DEAL" OF UNCERTAINTY OVER ECONOMY.
post: ECB LAGARDE: ECONOMY REMAINS WEAK ECB LAGARDE: SURVEYS POINT TO GRADULA RECOVERY || RECOVERY TO BE SUPPORTED BY RISING REAL INCOMES post: ECB LAGARDE: INFLATION TO FLUCTUATE AROUND CURRENT LEVELS IN COMING MONTHS, WILL THEN DECLINE TO TARGET NEXT YEAR post: MORE ECB'S LAGARDE: IN JUNE WE WILL GET A LOT MORE INFLATION ABOUT INFLATION PROJECTIONS #ecb #europeancentralbank #christinelagarde #interestrates #inflation post: ECB'S PRESIDENT LAGARDE: A VERY LARGE MAJORITY OF MEMBERS WANTED TO WAIT FOR JUNE.
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- Posted: Apr 11, 2024 8:32am
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