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Eric S. Rosengren of the Boston Fed warned against prolonging low rates as the economy recovers.
While the county’s commercial and residential real estate markets have been sluggish, that could change as Manhattan and Brooklyn prices continue to spiral upwards, said the Federal Reserve Bank's Jason Bram.
Absent a solid national economic policy for the present, Joseph Tracy said promises of rolling back regulations and the corporate tax rate are encouraging signs.
Joseph Tracey, Executive Vice President and Special Advisor to the President of the Federal Reserve Bank of New York, will provide an in-depth look at the tristate economic outlook with special emphasis on Fairfield County.
A Federal Reserve Bank of New York economist speaks in Stamford, saying the recovery should be able to push through any near-term increase in interest rates.
The Federal Reserve Bank of New York’s Small Business Credit Survey indicated that lending of amounts below $1 million to small businesses remains stagnant.
The Federal Reserve Bank of New York's Empire State Manufacturing Survey found business conditions in July improved markedly for the third straight month.
The national and regional economies will likely be mired in a slow-growth pattern for the first half of 2013 as businesses await a resolution on government spending and the U.S. debt, Federal Reserve economist Rae Rosen said Jan. 11 in Stamford.
The general business conditions index was little changed from October at negative 5.2, suggesting that activity among New York area manufacturers continued to decline at a modest pace.
Excerpts from Federal Reserve Bank of New York President William Dudley’s prepared remarks Oct. 15 at the National Association for Business Economics annual meeting in New York City, addressing reasons for the disappointing economic recovery and tools yet available to policymakers.