Philip Chua Business Blog

Posts Tagged ‘period’

The federal deficit was down 8 percent for the first half of fiscal 2010 over the same period a year ago, Obama administration officials say.


Presidency of Barack Obama - United States public debt - Barack Obama - President - United States

At the March meeting, the FOMC voted to keep the fed funds rate at a range of 0 to 0.25%, and the phrase that interest rates were likely to remain low “for an extended period” remained part of the statement. Thomas Hoenig voted against the policy decision again, as he…

The average price of regular gasoline in the United States is up 8.6 cents over a two-week period to $2.81.







United States – Gasoline – Recreation – Business – Gallon

Producer prices fell more steeply than expected as energy costs tumbled, giving the Fed leeway to hold interest rates exceptionally low for an extended period as it has promised.







Energy – Inflation – Technology – Conservation – Business

The FOMC minutes of the meeting on 27 January will be quite interesting because one member, Thomas Hoenig, dissented. He was not voting for higher rates, but against the policy commitment as expressed in the phrase “exceptionally low levels of the federal funds rate are warranted for an extended period”….

The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.

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United States – Gasoline – Business – Gas and Oil – Recreation