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William C. Dudley, New York Federal Reserve President today urged caution on raising interest rates, citing uncertainty about the sustainability of the U.S. economic recovery. "I do think that the real potential GDP growth rate will be lower over the medium term, held down by much slower growth of...

CONSUMER-RETAIL_27Feb15.jpg Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of February, the University of Michigan revealed in a report on Friday. The report said the final reading on the consumer sentiment index for February came in at 95.4 compared to the preliminary reading of 93.6.

pendinghme-022715.jpg Pending home sales in the U.S. rebounded in the month of January, according to a report released by the National Association of Realtors on Friday, with the increase reflecting improved buyer demand. NAR said its pending home sales index climbed 1.7 percent in January.

chicago-022715.jpg Business activity in the Chicago area unexpectedly contracted in the month of February, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer tumbled to 45.8 in February from 59.4 in January, with a reading below 50 indicating a contraction in regional business activity.

GDP-022715.jpg Economic growth slowed by even more than previously estimated in the final three months of 2014, according to a revised report released by the Commerce Department on Friday. The report said U.S. gross domestic product increased by a downwardly revised 2.2 percent in the fourth quarter.

Economic growth slowed by even more than previously estimated in the final three months of 2014, according to a revised report released by the Commerce Department on Friday.

DurableGoodsOrders-022615.jpg Reflecting a notable rebound in orders for transportation equipment, the Commerce Department released a report on Thursday showing that U.S. durable goods orders increased by much more than expected in the month of January.

CPI-022615.jpg With energy prices showing another substantial decrease, the Labor Department released a report on Thursday showing that U.S. consumer prices fell by slightly more than expected in the month of January.

JoblessClaims-022615.jpg First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended February 21st, according to a report released by the Labor Department on Thursday. The report said initial jobless claims jumped to 313,000.

Reflecting a notable rebound in orders for transportation equipment, the Commerce Department released a report on Thursday showing that U.S. durable goods orders increased by more than expected in the month of January.

With energy prices showing another substantial decrease, the Labor Department released a report on Thursday showing that U.S. consumer prices fell by slightly more than expected in the month of January.

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended February 21st, according to a report released by the Labor Department on Thursday.

newhmesls-022515.jpg Following a recent string of largely disappointing housing data, the Commerce Department released a report on Wednesday showing that U.S. new home sales came in well above economist estimates in the month of January.

Following a recent string of largely disappointing housing data, the Commerce Department released a report on Wednesday showing that U.S. new home sales came in well above economist estimates in the month of January.

Bank of Canada's Governor Stephen Poloz said on Tuesday that last month's rate cut will buy the bank some time to assess the economic impacts of the plunge in oil prices. "The oil-price shock is an important setback in our progress toward full capacity, full employment and stable inflation because...

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