Archive for September 3rd, 2010
Federal Housing Stimulus: How Much More?
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at CNBC] – New reports are rolling around Wall Street and Washington today that the Obama Administration is considering yet another economic stimulus package; this round would be for small businesses.
White House looking for stimulus: official
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at MarketWatch] – The Obama administration is looking for stimulus measures that are effective, said Alan Krueger, the Treasury s assistant secretary for economic policy on Friday. The President has asked his economic team to review measures that are targeted and responsible, Krueger told reporters.
UPDATE – Fed bond buying not big policy shift-Lockhart
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at Reuters] – The Federal Reserve s decision to begin buying Treasuries again was a precautionary step, not the opening salvo in a new policy course, Atlanta Fed President Dennis Lockhart said on Friday.
Brazil GDP to grow at least 7 pct in 2010-official
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at Reuters] – A surge in Brazil s economy in the first half of the year means the country has already secured gross domestic product growth of at least 7 percent in 2010, Finance Minister Guido Mantega said in a conference call with reporters on Friday.
Economic Report: Services growth slows in August, ISM says
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at MarketWatch] – Growth slowed in the U.S. non-manufacturing sector in August, hitting 51.5%, compared with 54.3% in July, the Institute for Supply Management reports.
Fed s Lockhart sees slowdown as temporary
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at MarketWatch] – There has been too much alarmist discussion of recent economic indicators and the outlook is not as pessimistic as some have suggested, said Dennis Lockhart, the president of the Atlanta Federal Reserve Bank on Friday.
Fed s Evans says financial reform will not be easy
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at Reuters] – Overhauling the U.S. financial system after the worst crisis since the 1930s will not be easy, but it is critical, Federal Reserve Bank of Chicago President Charles Evans said on Friday.
US RATE FUTURES-UPDATE – Traders betting on Sept 2011 Fed hike
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at Reuters] – U.S. short-term interest rate futures traders raised expectations of a Federal Reserve rate hike next year, after a government report showed the economy lost fewer jobs in August than expected.
Economic Report: Smaller-than-feared 54,000 Aug. nonfarm jobs lost
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at MarketWatch] – The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health care and temporary staffing industries expanded.
Economic Report: U.S. economy sheds 54,000 nonfarm jobs in Aug.
Posted by Bancherul.com in Finance News on September 3rd, 2010
[at MarketWatch] – The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the private sector created employment.
