AP - The U.S. dollar gained on the euro Friday following the release of labor market data in Washington and a speech by U.S. Federal Reserve Chairman Alan Greenspan.

USATODAY.com - For better - and for worse - this year's economy is expected to look a lot like 2004. Inflation is expected to be below worrisome levels. Housing and consumer spending should remain firm, and the Federal Reserve will likely continue raising interest rates in baby steps.

AFP - The dollar hit a three-month high against the euro as dealers digested comments from Federal Reserve chairman Alan Greenspan that the United States' current account deficit should stabilise, and the conclusion of the Group of Seven (G7) finance meet in London, analysts said.

Investor's Business Daily - As the Federal Reserve continues to boost rates in its quest to quell inflation, the yield curve has reached its flattest point in years.

Reuters - Federal Reserve Bank of Atlanta President Jack Guynn said the central bank still has 'got a ways to go' on raising interest rates, according to quotes in The Wall Street Journal on Wednesday but may need to change the language in its policy statement.

FT.com - US Treasury bond prices dipped and yields rose on Thursday as investors booked profits and positioned for an auction of $14bn in new ten-year paper. Wall Street primary dealers - those banks who deal directly with the Federal Reserve - traditionally try to push up yields ahead of a sale to squeeze out a higher coupon rate on the new paper. Sales already this week of three- and five- year paper have attracted strong demand. On Wednesday, 10-year yields dipped below 4 per cent for the first time in three months. Profit-taking on the price gains on Thursday helped the yield rally to 4. ...

AFP - The dollar edged ahead of the euro in late trading here, although dealers have begun to question the sustainability of the greenback's recent rebound.

BusinessWeek Online - All eyes and ears will be on Federal Reserve Chairman Alan Greenspan this week, as he presents his semiannual testimony on monetary policy before Congress. Economists and investors will be eager to hear what Greenspan has to say. As the central bank keeps pushing up interest rates, everyone is anxious to figure out just how much higher the Fed will go.

FT.com - US stocks were modestly higher on Tuesday as positive economic data were offset by caution ahead of today's testimony by Alan Greenspan, the Federal Reserve chairman.

AP - The dollar recovered slightly in early Asian trading Wednesday from its dip in New York as players awaited remarks from U.S. Federal Reserve Chairman Alan Greenspan later in the day about possible further hikes in interest rates.

Investor's Business Daily - Federal Reserve Chairman Alan Greenspan stressed the urgency of reforming Social Security and advocated creating a system of private accounts, in Senate testimony Wednesday.

Investor's Business Daily - For any Social Security private account plan to clear Congress, it will likely have to keep borrowing below the 10-year, $1 trillion limit set by Federal Reserve Chairman Alan Greenspan.

AP - Consumer confidence indexes help move stock markets, influence corporate decisions and alter governments' economic outlooks. But a study says they're essentially useless for forecasting Americans' spending patterns.

Reuters - U.S. inflationary pressures remain muted despite a surge in January wholesale prices, Cleveland Federal Reserve President Sandra Pianalto said on Monday in remarks that dampened concerns the Fed would quicken its pace of rate hikes.

FT.com - US Treasury bonds were in a holding pattern on Wednesday as investors chose to wait for the minutes of the Federal Reserve's last meeting.

FT.com - The Federal Reserve is likely to continue raising rates but not necessarily at the quarter-point-per-meeting rate to which investors have become accustomed, according to minutes of the Fed's meeting this month.

AFP - Although the pace of US economic growth slowed during the last quarter of 2004, it motored along at a far faster clip than previously thought, according to a fresh government estimate.

USATODAY.com - In his nearly seven years as president of the Federal Reserve Bank of St. Louis, William Poole has earned a reputation as an inflation hawk, someone who sounds the inflation alarm when others don't see rising price pressures.