Federal Funds Rate: 2%
Discount Rate: 2.25%
The downside risks to growth and the upside risks to inflation are both of significant concern to the Committee.
…the inflation outlook remains highly uncertain…
Technorati Tags: federal funds, interest, rate, Federal Reserve, Federal Open Market Committee
Producer Price Index At a Glance
Finished Goods Index: Up 1.2%
Finished Goods Core: Up 0.7%
Finished Goods Annual Change: Up 9.8%
Finished Goods Energy: Up 3.1%
Finished Goods Food: Up 0.3%
Intermediate Goods Index: Up 2.7%
Crude Goods Index: Up 4.2%
Technorati Tags: PPI, inflation, Producer, Price, Index
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: 1385.6
M1 4-Week Average: 1388.3
M1 Annual Change (Unadjusted): Up $19.9 billion
M2 Seasonally Adjusted Prior Month: 7686.6
M2 4-Week Average: 7691.8
M2 Annual Change (Unadjusted): Up $437.8 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
Beige Book At a Glance
Commercial real estate weakened or remained sluggish in 9 districts. 3 districts noted improvement – Cleveland, Minneapolis, and Kansas City
9 of the 12 Districts reported economic activity weakening. 2 described slight increases – Cleveland and Minneapolis. 1 Reported steady and moderate growth – Dallas.
9 districts reported declining in manufacturing. [...]
Money Supply At a Glance
M1 Seasonally Adjusted Prior Month: 1385.7
M1 4-Week Average: 1388.8
M1 Annual Change (Unadjusted): Up $20.0 billion
M2 Seasonally Adjusted Prior Month: 7686.7
M2 4-Week Average: 7691.1
M2 Annual Change (Unadjusted): Up $437.9 billion
Technorati Tags: money supply, Federal Reserve, M1, M2
CPI At a Glance
CPI-U: 218.815
Monthly Change: Up 1%
Year-to-year Change: Up 5%
Core CPI-U: Up 0.3% [Seasonally adjusted]
CPI-W: 215.223
Monthly Change: Up 1.1%
Year-to-year Change: Up 5.6%
Chained CPI-U: 125.582
Monthly Change: Up 0.8%
Year-to-Year Change: Up 4.2%
Important notes: Numbers are not seasonally adjusted unless noted; base year=100 for CPI-U and CPI-W is 1982-1984; base year for C-CPI-U is 1999.
Technorati Tags: Consumer, [...]
