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Inflation

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  • MOSCOW, Dec 26- Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up their bailout for the first bank to succumb to the recent rouble crisis. The economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur capital flight,...

  • Russia declares ruble crisis over Thursday, 25 Dec 2014 | 8:46 PM ET
    Five thousand rouble notes.

    Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.

  • Japan data shows Abenomics still struggling Thursday, 25 Dec 2014 | 6:37 PM ET

    Japan's industrial output posted a surprise drop in November, while inflation slowed, offering fresh signs efforts to kickstart the economy face headwinds.

  • MOSCOW, Dec 25- An economic aide to Russian President Vladimir Putin told journalists on Thursday that annual inflation would reach around 11 percent by the end of the year. "We've already reached 10.4 percent, around 11," Andrei Belousov said, RIA Novosti news agency reported. Finance Minister Anton Siluanov said on Thursday that inflation by the end of the year...

  • BOJ policymakers call for fiscal credibility: minutes Wednesday, 24 Dec 2014 | 9:35 PM ET
    A security guard stands outside the Bank of Japan headquarters in Tokyo, Japan.

    BOJ board members made a rare call on the government to restore Japan's tattered finances a month after expanding monetary stimulus, November meeting minutes show.

  • MOSCOW, Dec 24- Russia's central bank offered on Wednesday to help top exporters refinance heavy foreign debts next year, expected to be one of the toughest of President Vladimir Putin's 15- year rule for the economy due to Western sanctions and a plunge in oil prices. Even before the move, Standard and Poors put Russia's sovereign credit outlook on "creditwatch...

  • Santelli: Below average 5-year note auction  Tuesday, 23 Dec 2014 | 1:30 PM ET

    CNBC's Rick Santelli discusses bond prices and yields.

  • Consumer spending records biggest gain in months Tuesday, 23 Dec 2014 | 10:13 AM ET
    Shoppers push their carts through the checkout line at a Target store in Chicago, last November.

    U.S. consumer spending recorded is biggest gain in three months in November as low gasoline prices freed up income for discretionary spending.

  • Santelli: Dollar-yen 'lofty' action  Monday, 22 Dec 2014 | 1:30 PM ET

    CNBC's Rick Santelli discusses bond prices and yields.

  • According to the median of 11 economists' predictions, gross domestic product will fall 3.6 percent in 2015. After growth of just 0.5 percent this year, the recession will challenge President Vladimir Putin's promise last week that Russia can eventually recover from what he called "tough times". At the start of this year analysts forecast the economy would...

  • *Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.

  • REUTERS POLL- RUSSIA 2014 INFLATION SEEN AT 10.1 PCT INFLATION BY END-2015 SEEN AT 9.2 PCT.

  • This will hurt us more than oil: Caterpillar CEO Monday, 22 Dec 2014 | 8:37 AM ET
    Doug Oberhleman, chairman and CEO of Caterpillar.

    The effects of lower oil prices won't hurt Caterpillar as much as the slowdown in mining in recent years has, CEO Doug Oberhelman says.

  • SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next but its revised projections were still seen as too optimistic, supporting expectations of an interest rate cut early next year. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent projected...

  • South Korea lowers outlook on weak private sector Sunday, 21 Dec 2014 | 8:07 PM ET

    SEOUL, South Korea— South Korea lowered its growth forecast for next year, citing persistently weak sentiment among consumers and businesses. The finance ministry said Monday that Asia's fourth-largest economy will expand 3.8 percent in 2015. Six months ago, it forecast growth of 4.0 percent. In 2013, South Korea's economy expanded 3.0 percent.

  • SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next, but does see conditions perking up in 2015 as government stimulus measures and falling crude oil prices animate domestic consumption. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent...

  • SAN FRANCISCO, Dec 19- U.S. inflation will likely still be "well below" the Federal Reserve's 2- percent target next year, but that won't stop the central bank from raising interest rates, a top policymaker said on Friday. "I would say at this point that June 2015 seems like a reasonable starting point for thinking about when liftoff could happen," San Francisco Federal...

  • Santelli: Fed meeting makes a difference  Friday, 19 Dec 2014 | 1:18 PM ET

    CNBC's Rick Santelli discusses bond prices and yields.

  • Santelli eyes 10-year resistance  Thursday, 18 Dec 2014 | 1:37 PM ET

    CNBC's Rick Santelli discusses bond prices and yields.

  • NEW YORK, Dec 18- Pacific Investment Management Co expects global growth to accelerate in 2015 to around 2.75 percent from around plus 2.5 percent this year, on expectations that supply-driven declines in oil prices were fundamentally positive, the bond giant said on Thursday in its year-end Cyclical Forum outlook report. Pimco said its view that the outlook...