1. QUOTE from:
    Fed Now Expecting Slower U.S. Growth And Higher Inflation
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    Building permits, an indicator of future activity, sank 3% to an annualized 1.048 million, the lowest since November 1991. "We're going to see continued weakness in home building for the next few months" said Scott Brown, chief economist at Raymond James. Full Article at Investor's Business Daily
    We're going to see continued weakness in home building for the next few months
    Scott Brown – Scott Brown SOURCE: Investor's Business Daily 21 months ago
All quotes from:
Fed Now Expecting Slower U.S. Growth And Higher Inflation
  1. The Fed is in full-scale risk-management mode. They're more worried about growth and financial market stability
    SOURCE: Investor's Business Daily 21 months ago
  2. Once we get past the worst of the crisis mode, they'll have to reverse policy ... They're going to have to go up aggressively.
    SOURCE: Investor's Business Daily 21 months ago
  3. Economic activity had decelerated sharply in recent months
    SOURCE: Investor's Business Daily 21 months ago

Recent Photos From The Wire

  1. US Special Representative for Afghanistan and Pakistan Richard Holbrooke talks to the media after his meeting with EU officials, at the European Counsill building in Brussels, Wednesday, Dec.2, 2009.
  2. US Special Representative for Afghanistan and Pakistan Richard Holbrooke talks to the media after his meeting with EU officials, at the European Counsill building in Brussels, Wednesday, Dec.2, 2009.
  3. US Special Representative for Afghanistan and Pakistan Richard Holbrooke talks to the media after his meeting with EU officials, at the European Counsill building in Brussels, Wednesday, Dec.2, 2009.
  4. A salesman shows gold necklaces to Saudi women at a jewellery shop in downtown Riyadh December 2, 2009. Gold scaled another all-time high above $1,200 an ounce on Wednesday, helped by a weaker dollar as it lost some of its safe-haven appeal due to upbeat U.S. home sales and renewed appetite for riskier assets.
  5. Richard Holbrooke, the U.S. special envoy to Pakistan and Afghanistan, speaks with journalists after a meeting at the European Council headquarters in Brussels December 2, 2009.
  6. German Wolfgang Schaeuble (R) talks with Deutsche Bank head Josef Ackermann before a meeting with labour unions, banking and industry sector leader on the economic situation at the chancellery in Berlin, December 2, 2009.
  7. France's Prime Minister Francois Fillon (L) delivers a speech next to Junior Minister for Veteran Affairs Hubert Falco on the French helicopter carrier Jeanne d'Arc in Brest, western France, December 2, 2009. Jeanne d'Arc, the 182 metre-long ship of the Naval Academy, which carries a crew of 585 officers and sailors, left Brest harbour on Wednesday for its last mission across Atlantic and Pacific oceans.
  8. Pascal Lamy, Director General of the World Trade Organization (WTO) looks on before the closing ceremony of the 7th WTO ministerial meeting in Geneva December 2, 2009.
  9. France's Prime Minister Francois Fillon (2nd R) delivers a speech next to Junior Minister for Veteran Affairs Hubert Falco (R) on the French helicopter carrier Jeanne d'Arc in Brest, western France, December 2, 2009. Jeanne d'Arc, the 182 metre-long ship of the Naval Academy, which carries a crew of 585 officers and sailors, left Brest harbour on Wednesday for its last mission across Atlantic and Pacific oceans.
  10. Israeli Prime Minister Benjamin Netanyahu, center, sits between Israeli President Shimon Peres, right, and Chief Rabbi Yona Metzger, left, during an event to award work against human trafficking at the President's residence in Jerusalem, Wednesday, Dec. 2, 2009. Israeli police arrested the mayor of a West Bank Jewish settlement on Wednesday after protesters blocked security forces from entering the community to enforce a construction freeze. The showdown was the most serious incident of settler unrest since Netanyahu last week announced the 10-month building freeze, which bars the construction of new homes in West Bank settlements.
  11. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 02: Daniel Ricciardo of Australia and team Red Bull in action at the young drivers tes at the Circuito De Jerez on December 2, 2009 in Jerez de la Frontera, Spain.
  12. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 02: Daniel Ricciardo of Australia and team Red Bull in action at the young drivers tes at the Circuito De Jerez on December 2, 2009 in Jerez de la Frontera, Spain.
  13. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 02: Daniel Ricciardo of Australia and team Red Bull in action at the young drivers tes at the Circuito De Jerez on December 2, 2009 in Jerez de la Frontera, Spain.
  14. BEAVER CREEK, CO - DECEMBER 02: Course workers attempt to clear snow from the course during inspection as Men's FIS Alpine World Cup Training on the Birds of Prey course was delayed due to the falling snow on December 2, 2009 in Beaver Creek, Colorado.
  15. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 02: Daniel Ricciardo of Australia and team Red Bull in action at the young drivers tes at the Circuito De Jerez on December 2, 2009 in Jerez de la Frontera, Spain.
  16. JEREZ DE LA FRONTERA, SPAIN - DECEMBER 02: Daniel Ricciardo of Australia and team Red Bull in action at the young drivers tes at the Circuito De Jerez on December 2, 2009 in Jerez de la Frontera, Spain.
  17. In this Nov 18 2009 photo, French striker Thierry Henry kneels during his World Cup qualifying playoff second leg soccer match against Ireland at the Stade de France stadium outside Paris. FIFA has opened Wednesday Dec.2, 2009 a disciplinary case against France forward Thierry Henry for handling the ball in the World Cup playoff against Ireland last month. (AP Photo/Christophe Ena.
  18. FIFA President Sepp Blatter speaks during a press conference following a FIFA Extraordinary General Meeting at the International Conference Center in Cape Town, South Africa, Wednesday, Dec. 2, 2009.