FreshPips.com / User / JonDough / Voted

As gas prices go down, so will food, right? No

posted by ooogleemooglee 1375 days ago in USD, Consumer made popular 1375 days ago

As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.

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NZ Economy sound despite finance company collapses

posted by ooogleemooglee 1375 days ago in NZD, Fundamental, Special made popular 1375 days ago

The New Zealand financial system remains fundamentally sound and is working well despite high profile meltdowns of several finance firms, says the Reserve Bank.

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Dollar Falls on U.S. Manufacturing Slump, Credit-Market Loss

posted by ooogleemooglee 1375 days ago in USD, EUR, JPY made popular 1375 days ago

The dollar fell to a one-week low against the yen on speculation a manufacturing industry contraction and credit-market losses will prompt the Federal Reserve to hold off from raising interest rates.

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Meat, Dairy May Push Food Inflation to 28-Year High

posted by odell 1375 days ago in USD, Inflation, Consumer made popular 1375 days ago

Rising prices for meat, dairy products, cooking oil and fresh produce may accelerate U.S. food inflation this year at the fastest pace since 1980, the government said in a report.

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Dollar climbs as oil dips

posted by odell 1375 days ago in USD, EUR, Oil made popular 1375 days ago

Investors boost dollar as crude prices fall and Germany, Europe's largest economy, shows weakness.

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Stagflation? Or just stagnation?

posted by odell 1375 days ago in USD, Fundamental, Inflation made popular 1375 days ago

The inflation figures for July were ugly. But oil prices have fallen and the dollar has strengthened in August. Too bad a global slowdown is the reason.

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The next credit crunch

posted by odell 1375 days ago in USD, Special made popular 1375 days ago

Our easy access to plastic is about to dry up - and with it our ability to fake living the good life.

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Americans Less Gloomy on Economy Amid Discontent, Poll Finds

posted by odell 1375 days ago in USD, Consumer made popular 1375 days ago

Americans are slightly more optimistic about the economy even as large majorities disapprove of the country's overall direction and President George W. Bush's performance, the latest Bloomberg/Los Angeles Times poll shows.

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Fed Can Be `Patient' on Rates as Oil Drop May Slow Inflation

posted by odell 1375 days ago in USD, Oil, Inflation made popular 1375 days ago

Federal Reserve Bank of Minneapolis President Gary Stern said an oil-price decline will probably push headline inflation lower, allowing the central bank to ``be patient'' in considering a change to the main interest rate.

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Sluggish growth, inflation to persist: Fed's Evans

posted by odell 1380 days ago in USD, Special, GDP made popular 1380 days ago

Slow economic growth and elevated inflation will probably continue until 2010, Chicago Federal Reserve President Charles Evans said Friday.

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US consumer sentiment improves as oil falls

posted by odell 1380 days ago in USD, Oil, Consumer made popular 1380 days ago

US consumer sentiment improved this month to its highest level since April, a survey showed yesterday, as Americans were more optimistic about the future, including short-term inflation, even as they were gloomier about current conditions.

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Surge for the dollar as global fears rise

posted by odell 1380 days ago in USD made popular 1380 days ago

The dollar surged to a two-year high against the pound and a six-month peak against the euro on Friday, as fears about spreading economic gloom triggered a sell-off in commodities.

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