
“Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on American consumer spending test their resolve to raise interest rates this year. Plunging yields on U.S. Treasury debt are sending conflicting signals about the outlook for the world’s largest economy: on the one hand, they reflect stronger demand for U.S. assets as growth elsewhere falters. On the other hand, they may portend further downward pressure on inflation.”
Related posts:
Ex-Fed chief Bernanke denied loan to refinance his home
Japanese scientists invent ‘privacy visor’ to fool Google’s facial recognition software
Puerto Rico’s crisis illustrates the risks of minimum wage hikes
Texas bank welcomes concealed handguns
Tulsa police officer arrested for engaging in prostitution
Yellen Signals Continued QE Undeterred by Bubble Risk
Watchdog: Fannie, Freddie should be required to recognize bad mortgages ‘immediately’
Gold's rebound: Why it's believable this time
3,000 officers, 2,000 cameras are watching Super Bowl spectators
Bank of Japan likely to ease again next week via asset buying
Pizza delivery man facing deportation after delivering to military base
Greeks clash with riot police as politicans pass austerity measures
'Anarchy at door, West starts to rebuild Libyan army'
China's state newspaper praises Edward Snowden for 'tearing off Washington's sanctimonious mask'
Steve Wozniak: Snowden ‘Is a Hero Because This Came From His Heart’