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Housing slump felt in Richmond: Still, speaker says area remains ... - TradingMarkets.com
"We say we're insulated -- and we are a bit -- but don't let me lull you into thinking we have not been affected," said Bill White, president of Joyner Fine Properties. "Our insulation has been broken." White spoke at a presentation Thursday evening ...

THE FED: Richmond Fed's Lacker Doubts U.S. Will Experience Deflation - FXStreet.com
WASHINGTON (Dow Jones) -- It's unlikely that the U.S. economy will experience a period of generally falling prices, known as deflation, in coming months, the president of Federal Reserve Bank of Richmond, Va., said Friday. The issue of falling prices ...

Tough times will touch Richmond - Inrich.com
The Richmond area will weather the economic tough times better than much of the rest of the country, but it won't be able to escape them, say local experts who spoke last night in a downtown public forum on the economy. The downturn is part of a ...

'US economy may regain positive momentum in 2009' - Business Times Malaysia
FEDERAL Reserve Bank of Richmond President Jeffrey Lacker said the economy could begin a recovery in 2009 as low interest rates, low energy prices, and less drag from housing shore up spending. “Many analysts expect the US economy to regain ...

LandAmerica Moves Forward - Earthtimes
Author : LandAmerica Financial Group, Inc. RICHMOND, Va. , Nov. 21 -- LandAmerica Financial Group, Inc. (NYSE: LFG) announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. ("Fidelity") has ...

Fed's Lacker downplays deflation as threat - Marketwatch
WASHINGTON (MarketWatch) -- It's unlikely that the U.S. economy will experience a period of generally falling prices, known as deflation, in the coming months, the president of Federal Reserve Bank of Richmond, Va., said Friday. The issue of falling ...

Fed officials: Housing is basis for recovery - Inrich.com
The U.S. economy is not likely to recover until the housing market stabilizes, according to experts from the Federal Reserve Bank of Richmond. And the housing industry is still in distress, though the Richmond area is faring better than most. The ...

Fed's Lacker Says Economy May Regain `Positive Momentum' in '09 - Bloomberg
Nov. 21 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said the economy could begin a recovery in 2009 as low interest rates, low energy prices, and less drag from housing shore up spending. ``Many analysts expect the U.S ...

Rising foreclosures pose long-term fiscal problems for local ... - Empire State News
ALBANY - As increases in foreclosures and mortgage delinquencies continue to grip certain regions of the State, property taxes, the primary source of tax revenue for local governments, could become the next casualty of the housing crisis according to ...

Fed's Lacker Says Economy May Regain Momentum in '09 (Update1) - Bloomberg
Nov. 21 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said the economy could begin a recovery in 2009 as low interest rates, falling energy prices and a diminished drag from housing shore up spending. ``Many analysts expect ...