posted by
MarcB
1775 days ago
in GBP, GDP, Inflation
The Bank of England yesterday held UK base rates at 5% - a move which bore out the view of business leaders and economists that it had no other real option amid sharply-slowing growth and rampant inflation.
posted by
warrenbuffet
1781 days ago
in GBP, Fundamental, Inflation
Inflation continues to dominate the economic agenda, and this week the Bank of England decides how it can best balance the risk of slowing growth and rising prices.
posted by
odell
1788 days ago
in USD, Inflation
The billionaire investor says inflation is 'exploding,' but the Fed believes commodity price shocks should subside.
posted by
pipsmgee
1791 days ago
in USD, Fundamental, Inflation
Pummeled by high gas prices, rising foreclosures and weak job growth, U.S. consumers' mood turned even gloomier in June despite the stimulus checks they got from Uncle Sam, according to a survey released Friday by the University of Michigan and R
posted by
fxmasta
1793 days ago
in USD, Fundamental, Inflation
In a widely expected move, the U.S. Federal Reserve announced on Wednesday that it has decided to leave its benchmark interest rate unchanged, ending a string of rate cuts aimed at stimulating the stagnant economy.
posted by
PrettyUgly
1794 days ago
in USD, Inflation
Forget supply and demand. We're now seeing scarcity economics at work -- what happens when buyers fear they won't get what they need at any price.
posted by
MarcB
1795 days ago
in USD, Fundamental, Inflation
What's good news for U.S. businesses may turn out to be bad news for Federal Reserve Chairman Ben S. Bernanke's fight against inflation.
posted by
ooogleemooglee
1799 days ago
in USD, Inflation
The U.S. Federal Reserve's recent tough talk on inflation served notice to financial markets that the central bank was serious about tamping down price pressures, but it has hit the economy in one of its tenderest spots -- housing.
posted by
trade2win
1799 days ago
in GBP, Fundamental, Inflation
Macro Man's going to have to figure out how to assign a macro to the shift-F9 keystroke that will automatically type out "it isn't getting any easier, is it?
posted by
dooly
1799 days ago
in USD, Fundamental, Inflation
Philadelphia Federal Reserve President Charles Plosser called Thursday for a quick rate hike to combat inflation pressures that have moved beyond commodity prices.
posted by
maximumpips
1800 days ago
in Gold, Metals, Inflation
Gold and silver rose on speculation that a slowing U.S. economy will deter the Federal Reserve from raising borrowing costs, boosting the appeal of precious metals as alternative investments to the dollar.
posted by
dooly
1800 days ago
in GBP, Fundamental, Inflation
The pound firmed towards day highs following further bad UK inflation news. Barclays Capital found that the median rate of inflation expectations in June was 4.4 percent for the coming twelve months, up 0.7 percentage points from the rate recorde