Exclusive: Three Fed governors tell US senator there is room to reduce balance sheet

Exclusive: Three Fed governors tell US senator there is room to reduce balance sheet

Federal Reserve Vice Chair Philip Jefferson speaks at a conference of the National Association for Business Economics in Dallas, Texas, U.S., October 9, 2023. REUTERS/Ann Saphir/File Photo Acquire Licensing Rights NEW YORK, Nov 16 (Reuters) – The three newest Federal Reserve governors, including Vice Chair Philip Jefferson, have told a U.S. senator it’s unclear how … Read more

From the MTG: Packing up a huge job for transport to Hastings facility

From the MTG: Packing up a huge job for transport to Hastings facility

Items being moved require careful packing and tracking. Now that everything is all go with the new collection facility being built in Hastings, our collections team has an enormous task ahead of it. In order to maximise the use of space, this new storage facility will have shelving as high as 3.8 metres and there … Read more

US housing starts surge in boost to economy

US housing starts surge in boost to economy

Single-family housing starts increase 6.7% in July Single-family building permits rise 0.6% Overall housing starts climb 3.9%; permits gain 0.1% Manufacturing production increases 0.5% WASHINGTON, Aug 16 (Reuters) – U.S. single-family homebuilding surged in July and permits for future construction rose amid an acute shortage of previously owned houses, but mortgage rates climbing back to … Read more