Sales figures, details from the Fed expected - 13 WTHR Indianapolis

Sales figures, details from the Fed expected

Posted: Updated:
WASHINGTON -

Automakers release their December sales figures today, while a number of retailers will be out with their numbers too. Earlier estimates have suggested that U.S. shoppers spent cautiously during the holiday season, leading to some disappointing numbers.

Also this morning, the Labor Department releases its latest weekly numbers on jobless claims.

Mortgage giant Freddie Mac offers its weekly report on mortgage rates.

And this afternoon, the Federal Reserve releases minutes from its December interest-rate meeting. After that meeting, that Fed linked its interest rate policy to the jobless rate. It projects unemployment will remain elevated until late 2015 and suggested it will keep short-term interest rates low until the rate drops below 6.5 percent.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

Powered by WorldNow