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Fed worried about inflation in June
Jul 20 2006 1:06PM (CT)
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke and his colleagues worried about the risks of higher inflation at their June meeting but in the end decided that a slowing economy should keep a lid on price pressures.
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Fed chief: Housing slowdown 'orderly'
Jul 20 2006 11:43AM (CT)
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke told Congress Thursday that the once high-flying housing market appears to be staging a safe landing. "The downturn in the housing market so far appears to be orderly," he said during a hearing before the House Financial Services Committee.
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Weekly jobless claims decline
Jul 20 2006 7:36AM (CT)
WASHINGTON (AP) - The number of Americans filing new claims for unemployment benefits posted a big decline last week, reflecting fewer layoffs in the auto industry.
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