Federal Reserve

Federal Reserve Stays Dovish in Last FOMC Meeting Ahead of 2015

Wednesday marked the last Federal Reserve meeting for the year 2014. The big question was whether Janet Yellen and fellow members of the Fed would leave in the "considerable period" ...
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Will Winter Hurt GDP Recovery?

On occasion, some set of experts will revise U.S. GDP forecasts downward. While American consumer spending remains strong, weak economies overseas may lose some of their need for U.S. exports. ...
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board room

CEOs Getting More Cautious About Growth in 2015

The Business Roundtable has released its fourth-quarter 2014 CEO Economic Outlook Index, which is effectively a more muted expectation for what CEOs are thinking they should expect in 2015. CEOs ...
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German flag

German PMI Contracts: Worry About Recession?

Germany is the largest nation by gross domestic product (GDP) in Europe, and its economic engine is in deep trouble financially. The carefully watched Markit purchasing managers index (PMI) report ...
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Money background. Close-up.

What the Preliminary GDP Reading Means for the Holidays

The Bureau of Economic Analysis released the preliminary reading for real GDP growth at a seasonally adjusted annual rate of 3.9%. This came in above both Dow Jones and Bloomberg ...
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Despite Lower Oil Prices, Texas Manufacturing Remains Relatively Strong

If there is one state that comes to mind that may be worrying about lower oil prices, Texas has to be at or at least close to the top of ...
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Is Japan’s Recession Good for America?

Japan has slumped back into recession, a trend that has repeated itself off and on for years. Its gross domestic product (GDP) fell 1.6% on an annualized basis in the ...
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EU flag

Eurozone GDP and Inflation Show Why Quantitative Easing Is Becoming More Certain

Eurostat has released the flash estimate for third-quarter gross domestic product (GDP) for the eurozone. The report has a mixed bias to it. The good news is that it was ...
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Third-Quarter GDP Growth Decelerating

The U.S. Commerce Department has released its first read on real gross domestic product (GDP) for the third quarter of 2014, showing that GDP rose at an annual rate of ...
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shipping boxes

UPS Expects Record Holiday Shipments

It is not particularly surprising that a major shipping company would disclose that the holiday season will be its busiest. FedEx already has. On the other hand, the fact that ...
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The Best (and Worst) Countries to Grow Old In

The global population is aging rapidly. Today, there are roughly 868 million people who are at least 60 years old globally, or about 12% of the world’s population. By 2050, ...
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Auto repair

ISM Shows Tick-Down in Non-Manufacturing Growth

The Institute for Supply Management (ISM) has released its Non-Manufacturing Index for September with a reading of 58.6%. The Bloomberg consensus was close enough at 58.8%, but note that this ...
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global economy

IMF Talks Down Global GDP Growth Expectations

It was just earlier this week that Fitch warned of risks to the global GDP growth story for 2014 and 2015 being to the downside. Now we are getting more ...
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ISM Shows Slower Growth in Manufacturing in September

With Friday's key unemployment and payrolls report coming up, investors are looking for any glimmer of what to expect in directional movement. Wednesday already brought the ADP payrolls surprise higher ...
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global economy

Downside Risks to Global GDP Growth

Fitch Ratings' latest Global Economic Outlook forecasts that global growth will pick up in 2015 and 2016. Unfortunately, Fitch sees the risks being weighted to the downside. Growth in emerging ...
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