DAILY STOCK MARKET FORECAST

The central bank of the United States is responsible for;

Conducting monetary policy.

Regulating banking institutions.

Maintaining stability.

Fed target [interest rates]

FOMC keeps a range of .00 to .25 percent for the target of the Federal funds rate:

Zero to .25 percent

Read the FOMC statement...   Board of Governors   About the Fed

 GDP:  6-25-2009 8:56 am ET- Real Gross Domestic Product (GDP), the output of goods and services produced in the United States, decreased at a rate of 5.5 percent in the first  quarter of 2009, according to estimate released by the Bureau of Economic Analysis.   Read the current Gross Domestic Product release   GDP chart

Gross Domestic Product (GDP) chart 1987 through current year:

GDP, Real Gross Domestic Product chart 1987 through current reporting period.

GDP, Real Gross Domestic Product chart percent change from preceding year.

The Bureau of Economic Analysis (BEA- agency of the Department of Commerce) produces economic statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy. They collect source data, conduct research and analysis, develops and implements estimation methodologies, and disseminates statistics to the public… read more about the BEA

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7- 2-2009  4:15 pm ET: The advance figure for seasonally adjusted initial jobless claims is 614,000, a decrease of 16,000 from the previous week (revised).

Jobless claims report

Initial Jobless Claims Chart

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