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The Federal Reserve is moving closer to "slow normalization" of interest rates, St. Louis Fed President James Bullard said in Beijing Monday. "By nearly any metric, U.S. labor markets are at or beyond full employment," Bullard said. "This may put upward pressure on inflation going forward."

existinghmessales-052016.jpg After reporting a significant rebound in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that sales sustained the upward momentum in the month of April. NAR said existing home sales climbed 1.7 percent to an annual rate of 5.45 million in April

leadingindx-051916.jpg An index of leading U.S. economic indicators increased by more than expected in the month of April, the Conference Board revealed in a report released on Thursday. The Conference Board said its leading economic index climbed by 0.6 percent in April, while revised data showed no change in March.

philadelphiafed-051916.jpg Philadelphia-area manufacturing activity unexpectedly saw a continued contraction in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current activity edged down to a negative 1.8 in May.

Joblessclaims-051916.jpg After reporting increases in first-time claims for U.S. unemployment benefits in each of the three previous weeks, the Labor Department released a report on Thursday showing that jobless claims pulled back in the week ended May 14th.

Philadelphia-area manufacturing activity unexpectedly saw a continued contraction in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

After reporting increases in first-time claims for U.S. unemployment benefits in each of the three previous weeks, the Labor Department released a report on Thursday showing that jobless claims pulled back in the week ended May 14th.

Federal Reserve policymakers see a rate hike coming in June, according to the minutes from the Fed's April policy meeting released on Wednesday. It's the most telling sign yet that the Fed plans to tighten in the near future, as inflation is picking and jobs growth is on the rise. "Most participants...

It's still too early to draw conclusions about June meeting of the Federal Reserve, according to Atlanta Fed President Dennis Lockhart. The Fed may elect to raise interest rates, but will take in more economic data before making its decision, Lockhart told Politico online today. Lockhart expects...

industrialproduction-051716.jpg Industrial production in the U.S. rebounded by much more than anticipated in the month of April, the Federal Reserve revealed in a report on Tuesday, with utilities output showing a substantial increase. The report said industrial production advanced by 0.7 percent in April.

housingstrts-051716.jpg New residential construction in the U.S. saw a substantial rebound in the month of April, according to a report released by the Commerce Department on Tuesday. The Commerce Department said housing starts jumped 6.6 percent to an annual rate of 1.172 million in April.

Industrial production in the U.S. rebounded by much more than anticipated in the month of April, the Federal Reserve revealed in a report on Tuesday, with utilities output showing a substantial increase.

USCPI-051716.jpg Reflecting a sharp jump in energy prices, the Labor Department released a report on Tuesday showing a slightly bigger than expected increase in U.S. consumer prices in the month of April. The Labor Department said its consumer price index climbed by 0.4 percent in April.

New residential construction in the U.S. saw a substantial rebound in the month of April, according to a report released by the Commerce Department on Tuesday. The report said housing starts jumped 6.6 percent to an annual rate of 1.172 million in April.

Reflecting a sharp jump in energy prices, the Labor Department released a report on Tuesday showing a slightly bigger than expected increase in U.S. consumer prices in the month of April.

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