UK economic, inflation rate forecast 2012
UK economic, inflation rate forecast 2012 : The Bank of England’s Monetary Policy Committee (MPC) released the minutes from their
Canada's Inflation Rate Supports BOC's Dovish Stance
Expecting a Bank of Canada interest rate hike in the next few months? Not if the central bank can help it! Here's why you shouldn't keep your hopes up for a rate hike.
U.S CPI Remained Unchanged in December – January Report
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for December 2011 remained unchanged and in annual terms the US inflation increased by 3.0%. The consumer price index without food and energy slightly rose by 0.1
Prices Flat, Jobless Claims Plunge, New Starts Soft
Data from the US today showed jobless claims falling to the lowest level in almost 4 years, while headline consumer prices remained flat for a 2nd month straight. Housing starts meanwhile came in weaker than expected showing that the construction
U.S PPI Slightly Fell in December – January Report
According to the recent producer price index report, which was published yesterday, the PPI for finished goods slightly decreased by 0.1% December compared to November.
3 Key Highlights from Europe – GER ZEW, CPI, Spain Auction
Several positive developments out of Europe today, including a much stronger than expected reading out of the ZEW Economic Sentiment index, a drop in the final reading of inflation (opening up leeway for ECB to consider lowering interest rates fu
Meet Your New Carry-Trade Host Body: The Euro
(Dow Jones via eFXnews) Carry foreign-exchange investors are increasingly tempted to borrow euros to fund bets in higher-yielding currencies, even though it is a lot cheaper to borrow dollars.The combination of low European Central Bank inter
Preview: ECB Interest Rate Decision - Gauging ECBs Next Move
The European Central Bank is not likely to cut interest rates further in its meeting on Thursday and it also does not look likely that they will undertake further stimulative measures following its December action to offer the European banking sy
Bank of Israel Kept the January Interest Rate at 2.75%
Despite the expectations of many that the interest rate will might be cut again, the Bank of Israel kept the Israeli basic interest rate at 2.75% for January 2012.
South Korean Inflation Rises, Won Declines
South Korean won losses were witnessed – however minimized – on the last trading day of the year. The South Korean currency fell to trade at 1,159.45 against the US dollar, down 0.29% for the session. Causing the decline in the Asian currency w
Preview: Germany CPI - Inflation Key to Watch for ECB Policy
In Thursday's session we will look at the December preliminary reading of German CPI. While the data from the state of Westphalia suggests annual prices remain tamer, if inflation comes in stronger-than-expected that could limit the hand of the E
What Will 2012 Bring for Global Monetary Policy?
The year of 2011 was an interesting and eventful year in monetary policy. As the chart below shows, the GDP weighted average interest rate of central banks crept up in the first half of the year as commodity prices remained buoyant, economic rec


