TITLE

Fed Beige Book: Outlook Good

AUTHOR(S)
Newman, Emily
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/2/2004, Vol. 350 Issue 32021, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that economic growth continued from mid-October to mid-November, with 11 of the 12 Fed districts reporting solid expansion and Cleveland being the lone holdout, the Federal Reserve Board said in a report released yesterday. The optimistic economic picture may reinforce the view the Federal Open Market Committee will again raise interest rates at its December 14 meeting. Despite the brightening economic picture, consumer spending was once again RIEF uneven and automobile purchases slumped across the districts, the Fed said in its so-called Beige Book, a summary of commentary on current economic conditions by the 12 Fed districts.
ACCESSION #
15256747

 

Related Articles

  • Bulls tilt the balance. Tora, Brian // Money Marketing;1/19/2006, p28 

    The article reports on the market performance of different countries regarding bulling prices in market. In Great Britain the decrease in interest rates brings a happier Christmas for retailers. According to the author, the said decrease benefits business firms that are in the losing side. In...

  • The state of Post Keynesian interest rate policy: where are we and where are we going? Rochon, Louis-Philippe // Journal of Post Keynesian Economics;Fall2007, Vol. 30 Issue 1, p3 

    The article focuses on the state of Post Keynesian interest rate policy. It is stated that the Post Keynesians claimed that the people are united in an individual opposition to neoclassical theory. It explores the intellectual tension between policy reaction and proaction which is the permanent...

  • MODELLING REVERSE MORTGAGES. Tse, Y. K. // Asia Pacific Journal of Management;Oct1995, Vol. 12 Issue 2, p79 

    This paper suggests a framework for analyzing reverse mortgages in a fixed interest rate environment as well as a variable interest rate environment. To analyze the risk and potential profit of a reverse mortgage, we propose to calculate the expected present value of profit and the probability...

  • YOUR SAVINGS & CREDIT. Mangla, Ismat Sarah // Money; 

    The article presents predictions regarding interest rates in 2009. The impact that the bailout of the banking industry by the U.S. government in 2008 may have on interest rates offered to customers in 2009 is mentioned. Advice is offered regarding steps that people can take in order to get a...

  • Inference for Interest Rate Models Using Milstein's Approximation. Koulis, Theodoro; Thavaneswaran, Aera // Journal of Mathematical Finance;Feb2013, Vol. 3 Issue 1, p110 

    A class of martingale estimating functions based on the first two moments of the observed process provides a convenient framework for estimating the parameters of diffusion processes [1]. In the Bayesian set up, combined estimating functions had been studied for diffusion processes in [2] with...

  • GUARANTEED TO EASE. Sibillin, Anthony // BRW;11/6/2008, Vol. 30 Issue 44, p66 

    The article reports on the deposit guarantee in the federal government of Australia. It mentions that the first term-deposit indices of Australia were releases on October 28, 2008 and showed that the average interest rate was 6.31 percent. A dollar in a term deposit would yield $1.03 under the...

  • Untitled. Smith, David // Estates Gazette;6/28/2014, Issue 1426, p55 

    The article reports on the views of Mark Carney, the Bank of England's governor that interest rates would not begin to rise until next spring. It is noted that interest rates might stay at a 0.5% bank rate until 2016 as unemployment is expected to fall to 7%. It is mentioned that the bank feared...

  • Long-term interest rates, wealth and consumption. Cromb, Roy; Fernandez-Corugedo, Emilio // Bank of England Quarterly Bulletin;Winter2004, Vol. 44 Issue 4, p467 

    This article focuses on the role of wealth, and the importance of expectations of future interest rates. It examines the sensitivity of the level of consumption to interest rates in a standard partial equilibrium theoretical framework with no uncertainty. The paper illustrates and quantifies two...

  • A critique of Powell, Woods, and Murphy on the 1920-1921 depression. Kuehn, Daniel // Review of Austrian Economics;Sep2011, Vol. 24 Issue 3, p273 

    series of recent reviews of the depression of 1920-1921 by Austrian School and libertarian economists have argued that the downturn demonstrates the poverty of Keynesian policy recommendations. However, these writers misrepresent important characteristics of the 1920-1921 downturn, understating...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics