Monthly archive December, 2021

The Federal Reserve Bank of New York released a report on Wednesday unexpectedly showing a modest acceleration in the pace of growth in regional manufacturing activity in the month of December.Original Article Read More →

Despite inflation concerns and ongoing production bottlenecks, the National Association of Home Builders released a report on Wednesday showing a modest improvement in U.S. homebuilder confidence in the month of December.Original Article Read More →

Citing inflation developments and further improvement in the labor market, the Federal Reserve on Wednesday announced its widely expected decision to accelerate the pace of reductions to its asset purchases program. The Fed said it has decided to reduce the Read More →

The U.S. dollar firmed on Wednesday after the Federal Reserve announced its decision to accelerate the pace of reductions to its asset purchases program and signaled interest rate hikes, but subsequently gave up gains and shed ground against most of Read More →

Business inventories in the U.S. jumped by more than anticipated in the month of October, according to a report released by the Commerce Department on Wednesday. The report said business inventories surged up by 1.2 percent in October after climbing Read More →

The U.S. dollar gained against most of its peers on Tuesday after data showing a surge in producer price inflation raised expectations that the Federal Reserve will likely quicken its withdrawal from bond purchases.Original Article Read More →