Topic: U.S. Federal Reserve
Stockhouse @ the Bell: Blue chips lead stocks higher…again
Stockhouse
The Dow was higher for the seventh consecutive session for the first time since August. On Bay Street, energy issues helped counter weak gold and bank stocks.Today on Stockhouse
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Summary Box: Consumer prices flat in February
AP News
Summary Box: Consumer prices flat in January as weak economy keeps inflation in checkCOST OF LIVING FLAT: The price of clothing, shelter and other goods was unchanged last month, the government said, as a drop in energy prices offset a rise in food costs. NO INFLATION: The report shows that ...
Fed's emergency loans decline in past week
AP News
Banks reduce their borrowing by average of $2.24 billion from Fed's emergency loan programBanks borrowed less from the Federal Reserve's emergency lending program over the past week in a further sign that the strains from the financial crisis are fading. The Fed reported Thursday that daily borrowing ...
Data points to modest recovery, muted inflation
Reuters US Online Report Top News
WASHINGTON (Reuters) - Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time. Initial claims for state unemployment benefits fell 5 ...
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