The decline in the Trimmed Mean PCE inflation rate could indicate good news on the inflation front, according to Federal Reserve Bank of Dallas President and CEO Richard Fisher.The Dallas Fed's Trimmed Mean PCE for August fell to an annualized rate of 2.5 percent from July's 3.2 percent rate. Over...
Eddy Elfenbein submits: Here’s a look at some historical data of the S&P 500 since 1950. The day after a down day, the S&P 500 has dropped at annualized rate of 12%. The day after that, it’s risen at an annualized rate of 11.3%. by Eddy Elfenbein
To: BUSINESS EDITORSContact: James Hoard of Federal Reserve Bank of Dallas, +1-214- 922-5307, or james.hoard@dal.frb.org DALLAS, April 30 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for March was 2.1 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation rate...
To: BUSINESS EDITORSContact: James Hoard of the Federal Reserve Bank of Dallas, +1- 214-922-5307, james.hoard@dal.frb.org DALLAS, June 1 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for April was 2.3 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation rate...
To: NATIONAL EDITORSContact: James Hoard of Federal Reserve Bank of Dallas, +1-214- 922-5307, or james.hoard@dal.frb.org DALLAS, March 1 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for January was 3.0 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation rate...
To: BUSINESS EDITORSContact: media, James Hoard of Federal Reserve Bank of Dallas, +1- 214-922-5307, or james.hoard@dal.frb.org DALLAS, March 30 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for February was 2.3 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation...
To: BUSINESS EDITORS Contact: James Hoard of the Federal Reserve Bank of Dallas, +1- 214-922-5307, james.hoard@dal.frb.org DALLAS, Feb. 29 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for January was 3.4 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption...
To: BUSINESS EDITORSContact: James Hoard of Federal Reserve Bank of Dallas, +1-214- 922-5307, or james.hoard@dal.frb.org DALLAS, Feb. 1 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for December was 2.0 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation rate...
To: BUSINESS EDITORSContact: James Hoard of Federal Reserve Bank of Dallas, +1-214- 922-5307, james.hoard@dal.frb.org DALLAS, Dec. 21 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for November was 3.2 percent at an annualized rate, according to the Federal Reserve Bank of Dallas. The overall Personal Consumption Expenditures inflation rate for...
WASHINGTON -- The Federal Reserve pushed on with the most aggressive series of interest rate cuts in decades Wednesday, slicing a key rate by half a percentage point and signaling that more reductions are possible if housing and credit markets fail to revive. Those actions followed...
Business Editors, News Desk SEATTLE--BUSINESS WIRE--Oct. 5, 2000 Today, the Wade Cook Financial Corporation WCFC(OCTBB:WADE) internal brokerage accounts reported investment results of $3,722,950 in realized and unrealized gains for the year 1999. With an average monthly balance of $2,917,816 in the investment account, this represents a 127.59%...
* PUBLIC CONSTRUCTION SPENDING After retreating a bit during October, publicly funded activity came back strong during November, rising 1.5%. Total public work was growing at a 6.2% annualized rate through November. Spending on buildings increased 1a.4%; nonbuilding grew 2.0%. Year-to-date spending...
New housing starts rose 6.4 percent last month to a seasonally adjusted annualized rate of 2.03 million housing starts, the Commerce Department said. It was the highest level of housing starts since last December's 2.1 million. Building permits, however; an indicator for the home-construction market, fell 0.7 percent last month...
Total lending to individuals grew by 3.7bn or 0.7 per cent in July, according to the Bank of England. The threemonth annualised growth rate, at 7.8 per cent, was 0.3 percentage points higher than in June. The twelvemonth growth rate was 0.2 percentage points higher at 7.5 per cent. ...
TORONTO -- As a result of the Bank of Canada's decision today to increase the bank rate in Canada by 0.25%, the Prime Rate has also increased by 0.25% to 5.50%. As a result, the March dividends payable to both Preferred Shares and Class A shares of...
A jubilant Wall Street barreled higher Tuesday after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half a percentage point. The Dow Jones industrial average surged more than 250 points after the Fed announced its move. Although some investors hoped for a large rate...
By Jon Fassnacht, Reading Eagle, Pa. Knight Ridder/Tribune Business News Sep. 30--The unemployment rate in Berks County fell to a seasonally adjusted 5.7 percent in August, according to the Pennsylvania Department of Labor and Industry. The rate is down...
DALLAS -- Acquisition and Over $10 Million in Sales Pipeline for Q3 and Q4 Solidifies Confidence in Meeting 2004 Annualized Revenue Run Rate of $50 Million
By Mike Joseph, Centre Daily Times, State College, Pa. Knight Ridder/Tribune Business News Oct. 28--Centre County's unemployment rate fell to 3.2 percent in September, two-tenths of a percentage point lower than the September 2002 rate and the lowest among the state's 14 labor...
Byline:Jerome Idaszak Whether the country actually suffered a recession in the second half of 2001, it's pretty clear that by the end of this year, the economy should be chugging along rather nicely. The pace will pick up gradually, starting at about...