Nov 4th, 2009 - Wall Street Journal
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THE EVENT: The Federal Reserve's rate-making panel kept interest rates at record-low levels and reiterated it intends to keep them there a while longer. However, the central bankers did slightly boost their outlook for an economic recovery.
THE DETAILS: The Federal Open Market Committee voted unanimously to maintain fed-fund rates in a range between zero and 0.25%. The panel added interest rates should continue to remain "exceptionally low" for "an extended period."
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UPDATE 4-Starbucks raises outlook as turnaround signs mount
Nov 5th, 2009 - Reuters
* Raises fiscal 2010 earnings estimates * Eyes growth in new markets such as China * Analysts, investors want international expansion * Shares climb nearly 4 percent (Adds analyst comments...
Starbucks raises outlook as turnaround signs mount
Nov 5th, 2009 - Reuters
LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O) raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth...Fed to Keep Rates Low for 'Extended Period'
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- The Federal Reserve restated itsintention to keep interest rates “exceptionally low” for “anextended period” as long as inflation expectations are stableand unemployment fails to decline.Fed starts meeting, seen hewing to easy-money course
Nov 3rd, 2009 - Reuters
* Fed seen holding rates, policy steady * Fed not seen softening "extended period" language * Mild improvement to outlook likely to be acknowledged * Policy statement due Wednesday at 2:15 p.m...
Fed Seen on Hold as Outlook Uncertain
Nov 1st, 2009 - ABC News
NEW YORK (Reuters) - The U.S. economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates.
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