NEW YORK, Feb 27- U.S. stocks closed lower on the last trading day of February after mixed U.S. economic data on a day when European stocks hit records and oil prices rebounded for their first monthly gain since June. The Nasdaq was the weakest of the three major U.S. indexes on Friday, weighed down by Apple Inc as some investors took profits ahead of its March 9 product...» Read More
Economist David Rosenberg suggests Bernanke will be successful in his anti-deflation drive; Sheila Bair criticizes the Fed in her new column on Fortune's website, and some U.S. companies are relocating to Europe in an attempt to reduce taxes, reports CNBC's Becky Quick.
John Canally, investment strategist and economist at LPL Financial, argues that the threat of deflationary pressures in the U.S. is not as bad as it was and discusses the U.S. economy.
The Nikkei is reporting today that Prime Minister Abe is considering corporate tax cuts to offset the potential economic drag of a planned sales tax hike. Sachiko Kishida reports.
Andrew Sullivan, director of Asian sales trading at Kim Eng Securities, explains why despite a lower than expected quarterly GDP figure, Japan continues to move "in the right direction".
Larry Hatheway, chief economist at UBS Investment Bank, says the Nikkei's corrections are due to the fact that a lot of Japanese assets are going through a "fundamental revision" in their valuation.
Chris Zwermann, global strategist at Zwermann Financial, says the EUR/USD will rise as the euro is oversold and the U.S. will prevent a higher dollar to avoid deflation.
Summer kicked off strong on Wall Street after upbeat housing and consumer confidence data, with CNBC's Seema Mody. Adam Parker, Morgan Stanley, provides perspective.
George Selgin, professor of economics at the University of Georgia, explains how deflation can be a good thing, if caused by improved production techniques and costs rather than by shrinking demand.
Steven Englander, Citibank's G10 FX strategy global head, discusses how curbing the Fed's current stimulus program will impact bonds and currencies.
Jacques Cailloux, chief European economist at Nomura and Tobias Blattner, euro area economist at Daiwa Capital Markets, discuss the expected rate cut at the ECB and what further measures could be taken.
CNBC's Steve Liesman has the results on what Fed-watchers are expecting from the two-day FOMC meeting. And, Jim Dunigan, PNC Wealth Management, discusses whether the Fed's policy will prompt inflation or deflation.
Arthur Cashin, UBS Financial Services, explains why investors are seeing a rebound in equities and gold today.
Arthur Cashin, UBS Financial Services, explains why he believes there's a strong sense of deflation entering the economy.
Jane Foley, senior currency strategist at Rabobank, says the Bank of Japan's monetary policy could work as it set its target with deflation and not inflation as previously tried in the U.K.
Hiroshi Watanabe, President & CEO at Japan Bank for International Cooperation is optimistic on Japan markets with Shinzo Abe at the helm and Haruhiko Kuroda at the BOJ. He expects the inflation rate and wages to rise.
The Bank of Japan unveiled sweeping changes to its monetary policy, making clear that it will do all it can to achieve a 2 percent inflation target. But is that enough?
Simon Derrick, chief currency strategist, BNY Mellon, discusses the Bank of Japan's Governor's pledge to do "whatever it takes" to end deflation and says there's only so much central bankers can do.
Falling consumer prices highlighted how challenging it could be for Japan to achieve the 2 percent inflation target, which analysts say is unlikely anytime soon.
Bank of Japan Governor Haruhiko Kuroda said the central bank will seek to push down yields across the curve by purchasing longer-dated government bonds, underscoring its resolve to aggressively beat deflation.
CNBC's Rick Santelli explains why he is taking aim at Japanese government bonds.