Thanks for checking out the West Wing Week, your guide to everything that's happening at 1600 Pennsylvania Ave. This week, walk step by step with the President as he fights for campaign finance reform, boosts small business, meets with Space Shuttle Atlantis astronauts, commemorates the 20th anniversary of the Americans with Disabilities Act, welcomes the 2009 Softball World Series champions, makes an appearance on The View and much more.
Showing posts with label US economy. Show all posts
Showing posts with label US economy. Show all posts
On
In September 2009, the President announced that – for the first time in history – the White House would routinely release visitor records. Today, the White House releases visitor records that were created in April 2010. Today’s release also includes several visitor records created prior to September 16, 2009 that were requested by members of the public during June 2010 pursuant to the White House voluntary disclosure policy. This release brings the grand total of records that this White House has released to well over half a million records. You can view them all in our Disclosures section.
We note that January 2010 records were inadvertently posted twice. That error has been corrected.
We note that January 2010 records were inadvertently posted twice. That error has been corrected.
On Thursday, July 29, 2010
The Australian dollar opened lesser today as concerns about the recovery in the US economy weighed on financial markets. At 7am east-coast time, Australian dollar was trading at 89.28 US cents, down 0.19 per cent from yesterday's close of 89.47 US cents. It also buying 78.12 yen, 68.71 euro cents and 57.22 pence. Since at 5pm yesterday, the domestic dollar traded between 89.08 and 89.76 US cents. Wall Street closed lower overnight subsequent a sombre outlook from the US Federal Reserve and orders for durable goods surprisingly fell in June.
The central bank released its regional survey of the US economy, a report identified as the "beige book." The central bank said, Economic growth had been stable during the US summer in Cleveland and Kansas City, but had slowed in Atlanta and Chicago, while economic activity was modest in other regions. Also, new orders for manufactured robust goods - items such as planes, cars, refrigerators and computers - fell by one per cent in June, the US Department of Commerce said. The Bank of New Zealand currency strategist, Mike Jones, said a mild paring of risk appetite on concerns about economic growth in the US hampered risk-sensitive assets such as equities and the Australian dollar.Mr Jones said a lesser than expected inflation report on Wednesday had knocked the prospect of the Reserve Bank of Australia lifting the cash interest rate next Tuesday, August 3. The headline consumer price index rose 0.6 per cent in the June quarter, for an yearly rate of 3.1 per cent, the Australian Bureau of Statistics said on Wednesday.
Meanwhile, the basic rate of inflation rose by 0.5 per cent in the quarter to an annual rate of 2.7 per cent, to fall within the RBA's target band of two to three per cent. The median market project for headline CPI was a quarterly rise of 1.0 per cent for a yearly rate of 3.4 per cent.But the local currency lost around 0.75 US cents within minutes of the CPI report as investors reduced the likelihood of RBA rate rises in 2010. Mr Jones forecast the Australian dollar to trade between 89 and 89.5 US cents through today's Asian session.
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