With a sharp pullback in gasoline prices offsetting increases in other prices, the Labor Department released a report on Wednesday showing consumer prices came in flat in the month of November. The report said the Labor Department's consumer price index was unchanged in November after rising by 0.3 percent in October. more...
Most of the twelve Federal Reserve districts reported that their economies expanded at a modest or moderate pace from mid-October through late November, according to the Fed's Beige Book released on Wednesday. more...
New home sales in the U.S. showed a substantial decrease from an upwardly revised level in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales plummeted by 8.9 percent to an annual rate of 533,000 in October. more...
In a highly anticipated speech before the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell described the current level of interest rates as "just below" neutral following a series of rate hikes this year. more...
Consumer confidence in the U.S. unexpectedly saw a continued improvement in the month of September, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 138.4 in September from an upwardly revised 134.7 in August. more...
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