Fed's Beige Book Shows Economic Slowdown

In recent weeks, sales of discretionary items and durable goods, like furniture and appliances, have declined.

By Reade Pickert | November 29, 2023 at 03:42 PM

Photo: Shoppers browse appliances inside a Best Buy store on Black Friday in Union City, California. Photographer: David Paul Morris/Bloomberg

U.S. economic activity slowed in recent weeks as consumers pulled back on discretionary spending, the Federal Reserve said in its "Beige Book" survey of regional business contacts.

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Yields on New China Dollar Bonds Fall Below Treasuries in Debut

By Ameya Karve, Finbarr Flynn and Lorretta Chen | November 18, 2024

Chinese investors’ enthusiasm is helping China’s dollar bonds trade at lower yields than U.S. Treasuries—a historical anomaly because the U.S. securities have historically been considered the safest of investments.

Yields on New China Dollar Bonds Fall Below Treasuries in Debut

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

By Catarina Saraiva and Laura Curtis | November 18, 2024

Chicago Federal Reserve President Austan Goolsbee says that although the Fed will take its time reducing interest rates, the end result will be much lower rates if inflation stays near the Fed’s target.

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

Producer Prices Rise, Risking Pressure in Fed’s Favored Gauge

By Vince Golle | November 14, 2024

In October, the PPI rose 2.4% year-over-year.

Producer Prices Rise, Risking Pressure in Fed’s Favored Gauge

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