AFP - The Federal Reserve is expected to raise US interest rates again Tuesday to quell inflationary pressures in the world's biggest economy, despite evidence of slowing growth.

Reuters - U.S. manufacturing activity receded in April, but economists said the further evidence of an economic soft patch was not likely to deter the Federal Reserve bank from raising interest rates.

USATODAY.com - When Federal Reserve policymakers meet Wednesday, recent reports showing an uptick in inflation will get close scrutiny. But many economists are cautioning that fears of runaway inflation are overblown and expect the Fed to continue its campaign of slow-but-steady interest rate rises.

FT.com - Few 150-word statements are read as widely and as closely as the one accompanying the Federal Reserve's interest rate decisions.

AP - The dollar lost more ground Thursday after the U.S. Federal Reserve's decision to raise interest rates failed to produce the boost some traders had hoped for.

AP - Hiring around the country picked up briskly in April, with employers boosting payrolls by 274,000 and raising hopes of better days ahead for jobseekers and the economy as a whole. The unemployment rate held steady at 5.2 percent.

AFP - The dollar rallied against its main rivals as an unexpected narrowing of the US trade deficit eased concerns about global imbalances and boosted the outlook for the US economy.

FT.com - The rejuvenated US dollar pushed sharply higher this week as buoyant economic data raised hopes that the latest 'soft patch' in the US economy may have passed.

AP - Americans' confidence in the economy slipped in May despite other indications consumers haven't been cowed by rising energy prices.

FT.com - Alan Greenspan, the Federal Reserve chairman, said on Sunday that the Sarbanes-Oxley Act, the legislation introduced in 2002 to improve corporate governance, had been surprisingly successful.

AFP - US Treasury Secretary John Snow said there is no reason for China delay a relaxation of its currency peg for the yuan.

AFP - US industrial production fell 0.2 percent in April, according to Federal Reserve figures that surprised analysts who had been expecting an increase.

FT.com - The Federal Reserve said on Wednesday that Edward Gramlich, 65, was resigning as a member of the Fed's board after serving for more than seven years.

AP - Federal Reserve Chairman Alan Greenspan again pushed for limits on the multibillion-dollar mortgage holdings of Fannie Mae and Freddie Mac, saying such restrictions would not hurt the thriving housing market.

Reuters - A modest easing in oil demand in response to higher prices should keep inventories rising in the U.S. and elsewhere for some months, Federal Reserve Chairman Alan Greenspan said on Friday.

Investor's Business Daily - Money makes the world go round. So if the Federal Reserve takes it away, will the economy stall?

Reuters - U.S. businesses cut their forecasts for economic growth for this year and 2006, but believe expectations of higher inflation will keep the Federal Reserve on a tightening path, a survey released on Monday showed.

FT.com - The Federal Reserve will continue to raise U.S. interest rates but the European Central Bank should ease euro zone monetary policy, the OECD said on Tuesday.

USATODAY.com - Policymakers at the U.S. Federal Reserve noted 'a discernable upcreep' in inflation measures recently, but they didn't believe they needed to raise short-term interest rates more aggressively to keep inflation in check, according to minutes of their May 3 meeting released Tuesday.

Reuters - U.S. Treasury Secretary John Snow repeated on Thursday that China can and must adopt a flexible currency promptly to ease trade tensions with the United States and the rest of the world.

AP - Officials gave no indication Friday that Beijing would accelerate moves to revalue the Chinese yuan, as regional currency traders shrugged off a prediction by U.S. Treasury Secretary John Snow that China would take such action within six months.

AP - Russia needs to set clear rules and apply laws consistently if it wants to attract the investment it needs to thrive, U.S. Commerce Secretary Carlos Gutierrez said Tuesday.