- Federal Reserve Bank of St. Louis President William Poole said the U.S. central bank's main concern remains inflation and he could be inclined to raise interest rates if price pressures did not ease.
- New Century Financial Corp. filed for bankruptcy Monday amid a surge in homeowner defaults, the biggest mortgage lender to collapse in the U.S. housing market.
- The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.
- The Institute of Supply Management's index of manufacturing dropped from 52.3 to 50.9 in March, slightly weaker than expected.
- Australia's retail sales were up 0.9% in February, better than expected.
- Japan's index of business sentiment, dropped 25 in December to 23 in March.
- Manufacturing index in the U.K. fell from 55.4 to 54.4 in March, more than expected.
- The USDA' said rain is badly needed in most Florida OJ areas.
- China announced that they will buy $12.5 billion worth of U.S. goods in May, including $2 billion of soybeans and $500 million of cotton
No comments:
Post a Comment