Archive for May 30th, 2008

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

United States Personal Spending Report Allows Fed to Pause Rate Cuts, Economists Say

Friday, May 30th, 2008

Inflation remains contained and personal spending
continued improving according to the latest report from the United States Commerce
Department on Friday. Economists has said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.

Fixed income strategist T.J. Marta from RBC Capital Markets has said the
large picture is that there is “no resolution to the conflicting problems
confronting a dual-mandated Fed…

Read More Now

Fed's Kohn Says Financial Regulations Should Be Strengthened

Friday, May 30th, 2008

Speaking on ‘Money Markets and Financial Stability’ at the New York
Fed’s conference on money markets on Thursday night, Fed Vice-Chairman
Donald Kohn (voter) has said it was unclear how much
strengthening of the United States financial regulatory system was needed, but
that the need for reforms was evident. “As I noted at the outset,
one important lesson from recent developments is that we need to devote
greater attention to money markets… Read More Now