Index: Weak economy may dodge a recession
Summary from United States, from articles in English
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WASHINGTON - The index of leading US economic indicators rose in April for a second month, the first back-to-back gain since October 2006, signaling that the current slowdown will be short-lived. (article 6)
NEW YORK - A private business group said Monday that its index of leading economic indicators edged higher in April, a sign the economy remains sluggish but could skirt a dramatic downturn. (article 4)
WASHINGTON President Bush says the economic-stimulus tax rebates will begin going out Monday and will help people cope with lofty energy and food prices, as well as giving the economy a jolt. (article 8)
The policymakers' most likely course is to cut the federal funds rate by a quarter percentage point, to 2 percent, according to the consensus of Fed watchers. (article 2)
The policy board was unanimous in keeping the benchmark overnight call rate unchanged at 0.5 percent at the end of a two-day meeting, according to the Bank of Japan. (article 1)
Soaring gas prices, rising material costs and signs of slower global growth are weighing on the world's second-largest economy, which depends heavily on exports. (article 1)
The New York-based Conference Board said its forecast of future economic activity rose 0.1 percent in April, matching a 0.1 percent increase in March. (article 5)
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Other stories about inflation, percent and Prices:
Event tracking:
Story keywords
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inflation, percent, Prices, economy, Index |
Source articles
- Bank of Japan keeps rates steady (Washington Post, 05/19/2008, 280 words)
- Fed Decision on Key Rate Presents Risks Either Way (Washington Post, 05/19/2008, 706 words)
- Forecast sees housing, credit rebounding this year, overall economy weakening (dallasnews.com, 05/19/2008, 893 words)
- Leading indicators show economy remains sluggish (dallasnews.com, 05/19/2008, 230 words)
- Index: Weak economy may dodge a recession (L.A. Times, 05/19/2008, 728 words)
- Key gauge of economy improves in April (boston.com, 05/20/2008, 558 words)
- The unemployment rate dropped to 5 percent, from 5... (baltimoresun.com, 05/20/2008, 616 words)
- Rebates going out Monday should help economy: Bush :: CHICAGO SUN-TIMES :: Nation (suntimes.com, 05/19/2008, 432 words)
- March trade deficit drops by bigger-than-expected amount (Washington Post, 05/19/2008, 806 words)
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