According to data released today, the interest on required balances and excess reserves stands at 0.25% as of January 16th, 2012.
The rate has remained constant since December of 2008 , taking a steep fall from 1% in November 2008.
-From the St.Louis Federal Reserve.
As per data released today, the Prime Bank Loan Rate stood at 3.25%. This rate is charged by banks from their most credit worthy customers. The Prime Bank Loan Rate has remained at 3.25% since January 2009. Interest rates are currently at very low levels over the last two decades, perhaps in an effort to encourage borrowing and business activity.
-Reported from the St. Louis Federal Reserve.
As reported today, Commercial Paper Outstanding stands at $959.3 Billion as of Dec 28th, 2012.
Commercial Paper Outstanding was at $2,200 billion at around the end of 2007 when the economy was in an expansion mode and is currently at less than half the previous level.
Commercial paper, used by corporations to meet short-term financial obligations is less that the levels in 2007, probably due to a slowdown in the economy.
Reported from the St. Louis Federal Reserve.
The ten-year treasury constant maturity rate stands at 1.94% as of Dec 20th, 2011. This rate is currently at one of its lowest points since 1960.
These treasury rates may have intentionally been kept low to increase money supply.
- Reported from the St.Louis Federal Reserve
The NAHB homebuilder index increased to 21 this month from 19 in November. Any value below 50 is considered a negative outlook of home-building. The index is at its highest point since May of 2010. This is third month of increases in a row.
–From the NAHB
The Producer Price Index of Finished Goods Less Food And Energy stood at 179.3 as of November 1st, 2012 as per data released today.
The Producer Price Index has increased by 2.9% since a year ago when it stood at 174.2 in November 2010.
-Reported from the St. Louis Federal Reserve.
As reported today, the interest on required balances and excess balances for institutions with a one week maintenance period stood at 0.25% as of December 5th, 2011.
This rate has remained the same since December 2008, in line with an expansionary monetary policy.
-Reported from the St. Louis Federal Reserve.
Initial unemployment claims decreased 5.7% to 381,000 for the week ending December 3rd. As a result, the 4-week average decreased 3,000 to 393,250. This week’s figure is the lowest number of filings since February of this year and then June of 2008 before that. Although this is a one-week number, even a single instance of pre-recession unemployment filings bodes well. The week’s number was seasonally adjusted which would even out some of the increase in holiday retail hiring.
–From the St. Louis Federal Reserve
As reported today, the Consumer Price Index for All Urban Consumers For All Items stood at 226.763 as of October 1st,2011.
The CPI has increased by 3.55% over the past year from 218.97, an indication of a slight increase in prices for the consumer.
For more information, view Data360s report here.
From the St.Louis Federal Reserve, reported by Disha Bheda
The Producer Price Index Of Finished Goods Less Food And Energy stood at 179.1 as of October 1st, 2011.
This index has increased by 2.7% over the last twelve months from 174.2 points.
This is an indication of a slight increase in the average selling price received by producers for their output.
For more information, view Data360s report here.
From the St. Louis Federal Reserve, reported by Disha Bheda
