Fed's Lacker Says Inflation Unacceptably High
July 9th, 2008
WASHINGTON (Dow Jones)--Though the U.S. economy still faces risks, the chances of a severe downturn appear to have receded, Federal Reserve Bank of Richmond President Jeffrey Lacker said Tuesday.Posty powiązane:
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Manufacturing activity in New York State remained weak for a third straight month in July, though new orders and shipments rose into positive territory, the Federal Reserve Bank of New York said Tuesday.
The Federal Reserve Bank of New York's Empire Manufacturing Survey fell to a record low in November, the third consecutive decline.