Economic Data

UCCS Economic Forum a much different event after 20 years

Tom Zwirlein used an old-fashioned overhead projector with individual transparencies at the first Southern Colorado Business Economic Outlook Forum, which attracted a crowd of 225 to The Broadmoor hotel in 1997, because his Microsoft PowerPoint presentation didn’t work. Twenty years later, Tatiana Bailey has replaced him as director of the event, now called the University of Colorado at Colorado Springs ...

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Economic optimism index hits highest in over 2 years: survey | Economics | FOCUS TAIWAN

Taipei, Sept. 23 (CNA) An index measuring optimism about the local economy over the next six months hit its highest in more than two years after a recent slew of economic data pointed to improvements, according to Cathay Financial Holding Co. (國泰金). Citing a survey conducted from Sept. 1-7, Cathay Financial said that although the local economic composite index of ...

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Fed Officials Show Willingness to Raise Rates Again This Year

OKLAHOMA CITY –  A trio of Federal Reserve officials on Friday expressed openness to raising short-term interest rates again before year’s end, without committing to a move. Federal Reserve Bank of Dallas President Robert Kaplan, speaking at an energy conference here, said he might support an increase at the Fed’s December policy meeting, but he wants to watch how the ...

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German Ministry Optimistic About Third Quarter Growth

Germany’s economy weakened at the start of the third quarter after a strong performance in the first half of the year, but indicators suggest its solid growth will continue, the finance ministry said Thursday.Europe’s biggest economy is enjoying a consumer-led upswing, propelled by record-high employment, rising real wages and low borrowing costs—conditions that are likely to help Chancellor Angela Merkel ...

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Stocks End Busy Week Mixed

Stocks ended mixed last week as investors digested a slew of data. First, global central banks sent mixed messages as the U.S. Fed was perceived to be slightly hawkish while Japan’s Central Bank was overtly dovish. Earnings were less than thrilling as most of the stocks that reported last week fell in heavy volume. Additionally, geopolitical tensions remained escalated as ...

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Dollar Declines As Strong European Data Boosts Euro

The dollar fell Friday as strong economic data from the eurozone turned the attention of investors toward the prospect of tighter monetary policy for the region. The WSJ Dollar Index, which measures the U.S. currency against 16 others, fell 0.2% to 85.45, amid losses against the euro. The dollar after slipped less than 0.1% Thursday. European manufacturers had their strongest ...

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Janet Yellen “the Hawk” And The Fed Deliver

John M. Bland, MBA Janet Yellen, the unlikely hawk On Wednesday the Fed took a more hawkish policy stance than the markets were expecting. As expected, the Fed Funds target range was held steady at 1.00-1.25%. However, the central bank hinted at a tightening bias for the December 13 meeting. Also, as expected, the Fed announced that it would start ...

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