inflation targeting news
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Early summer sales push inflation to 2.5 year low in June
New York City :: NY :: USA | 10 months ago
Credibility
Inflation fell to its lowest in more than two and a half years in June helped by early summer sales of clothes and shoes, official data showed on Tuesday, suggesting consumers will be able to spend more and give a rare helping hand to the economy...
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Bernanke could signal Fed's next step in testimony
Sunnyvale :: CA :: USA | 10 months ago
Credibility
Chairman Ben Bernanke could offer some clues about whether the Federal Reserve is poised to take another step to jolt the sluggish U.S. economy when he appears before Congress this week. Bernanke will give his semiannual report to the Senate Banking
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India Inc clamours for rate cut, RBI unlikely to oblige
New Delhi :: India | 10 months ago
Credibility
India's headline inflation fell to a five-month low in June, increasing the clamour for a cut in policy rates but the Reserve Bank of India governor D Subbarao quickly dashed hopes, saying it was still "way above the threshold". Inflation, as
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Strange Ways to Escape Your Coming Retirement Slavery
New York City :: NY :: USA | 10 months ago
Credibility
They started saying exactly the things they ridiculed not long ago. And they did a remarkably good job of explaining their new found beliefs. Here's the gist of what they were on about: We're basically beholden to what the central bankers and policy
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Brazil and South Korea slash interest rates on economic woes
Correntina :: Brazil | 10 months ago
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Andre Penner/Associated Press Fears that the world's most powerful emerging economies are flagging gained have ground after Brazil and South Korea cut interest rates to boost growth. Brazil cut its main interest rate to a record-low 8% on Thursday,
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Saudi inflation eases to 4.9% in June
Riyadh :: Saudi Arabia | 10 months ago
Credibility
Khalil Hanwarearab news staff Wednesday 11 July 2012 Saudi Arabia's annual inflation eased to 4.9 percent in June, its lowest level since September 2011, despite a big rise in housing prices, an official statement said yesterday...The month-on-month
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Federal Reserve officials debate quarterly monetary policy report
Denver :: CO :: USA | 10 months ago
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Federal Reserve officials are discussing whether to start a quarterly monetary policy report to provide a clearer guide to their economic outlook and the likely course for policy. "We are talking a lot about it," Philadelphia Federal Reserve Bank
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Flagging world economy relying on unstable energy boost
Shanghai :: China | 10 months ago
Credibility
Economic activity and business and household confidence around the globe has tailed off badly again in the second quarter. The headwinds remain fierce, from imponderables related to the latest wave of the euro crisis and European banks' retrenchment
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India outpaces developing world in inflation rankings
New Delhi :: India | 10 months ago
Credibility
Among the major developing nations of the world, India is right on top in the inflation charts, with an average inflation of close to 7 per cent estimated during the seven years from 2005-12. Russia is the only major emerging economy that has seen
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Last fiscal year saw over 11pc inflation
Islamabad :: Pakistan | 11 months ago
Credibility
The annual inflation went up to 11.01 per cent during the outgoing fiscal year 2011-12, according to data released on Monday. Annual headline inflation, measured by the Consumer Price Index, leapt on the back of food inflation, rising oil prices in
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