Detailed Report

FED WATCHING INDICATORS

Fed Funds Target Rate and Discount Rate Alternate Inflation Measures Commodity and Crude Oil Prices Gold Prices and the Dollar Employment Cost Index Nonfarm Productivity The Labor Market The Employment Situation The Yield Curve Housing Wealth Market Wealth Fed Funds Rate Target vs. Core Inflation Nominal GDP versus M2 Growth Fed Economic Forecasts

The barrage of daily economic indicators can be unnerving to the uninitiated. This section covers the economic and financial indicators that Federal Reserve officials are monitoring closely these days. Favorite indicators, which help Fed officials determine policy decisions, change from time to time as economic conditions warrant.

Updated December 10, 2007

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