Fed releases minutes from last policy meeting

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Source: RTT News
The U.S. Federal Reserve decided to maintain its easy-monetary policy of bond purchases totalling $85 billion per month on its last meeting, according to the minutes published from the central bank's last meeting on Thursday. The minutes also revealed that the Fed's officials debated whether to set a calendar date for the end of the stimulus.

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Thu, 21 Nov 2013 12:06:20 GMT

U.S. existing home sales fall for second consecutive month in October

Existing home sales in the world's largest economy declined in October falling for the second successive month, however the drop was slightly smaller than originally expected, the National Association of Realtors reported on Wednesday. The report showed that the U.S. existing home sales slid 3.2% year-on-year to 5.12 million units in October following a 1.9% fall to 5.29 million units

Thu, 21 Nov 2013 11:44:08 GMT

U.S. business inventories rise faster than forecast in September

Business inventories in the world's largest economy advanced at a faster rate than economists originally predicted in September, the latest data published by the Commerce Department revealed on Wednesday. The data showed that business inventories added 0.6% in September following a 0.4% gain in the month before, while it was predicted to rise 0.3%.

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