GO
Loading...

Inflation

More

  • Dollar Broadly Firmer, Weak Data Drives Euro Lower Wednesday, 7 May 2008 | 11:56 AM ET
    Dollar and Euro

    The dollar gained broadly on Wednesday, supported by hawkish comments from a Federal Reserve official that helped cement views that the U.S. central bank's cycle of aggressive interest rate cuts may be nearing an end.

  • Consumers Using Tax Rebates for Bills, Savings Wednesday, 7 May 2008 | 10:20 AM ET
    Tax Refund Check

    The first batch of U.S. taxpayers has already started to receive their federal tax rebates as part of the economic stimulus package, but very few consumers interviewed by Reuters in the past week said they plan to spend them on anything other than necessities.

  • US Credit Crisis Is Easing, Merrill CEO Thain Says Wednesday, 7 May 2008 | 9:55 AM ET

    The U.S. credit crisis is easing and the risk in housing is dramatically lower now, but economic growth will remain under pressure , the CEO of Merrill Lynch said.

  • Poll: Where Will Euro Zone Rates be by Year End? Wednesday, 7 May 2008 | 9:32 AM ET

    The European Central Bank is widely expected to keep interest rates on hold at 4 percent  on Thursday, but the opposing pressures of rising inflation and slowing growth could mean the central bank has to act before the year is out.

  • Bank of England in Rate Stalemate Wednesday, 7 May 2008 | 9:23 AM ET

    UK interest rates are expected to remain on hold at 5 percent when the Bank of England’s Monetary Policy Committee announces its decision Thursday, as fear of inflation prevents aggressive cuts that could boost Britain’s weakening economy, analysts told CNBC.com.

  • European Central Bank Rate Decision Timeline Wednesday, 7 May 2008 | 9:22 AM ET

    This is a timeline of the European Central Bank's rate decisions from 2007 to date.

  • Fed's Hoenig Warns Inflation Must Not Get Too High Wednesday, 7 May 2008 | 2:56 AM ET

    The Federal Reserve must be ready to raise benchmark interest rates in a timely manner given the "troublesome" inflation outlook, Kansas City Fed President Thomas Hoenig said Tuesday.

  • Paulson Says Markets Emerging From Crunch: WSJ Tuesday, 6 May 2008 | 10:10 PM ET

    U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street Journal.

  • Martin Feldstein

    Martin Feldstein, head of  the National Bureau of Economic Research, told CNBC: "the odds are we will slide into a recession."

  • Dollar Slips on Fannie Results; Risk Appetite Drops Tuesday, 6 May 2008 | 9:19 AM ET
    Dollar and Euro

    The dollar extended declines against the euro and a basket of six major currencies for a second day Tuesday after earnings results from Fannie Mae came in weaker than expected.

  • A View from the Top: What the CEOs are Saying Tuesday, 6 May 2008 | 7:38 AM ET

    Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Tuesday.

  • Australia Trade Deficit Narrows on Mineral Exports Monday, 5 May 2008 | 10:36 PM ET

    Australia's trade deficit narrowed by more than expected in March as mineral exports rebounded from supply disruptions, while a coming price bonanza could mean a long-awaited return to surpluses is not far away.

  • High Foreclosure Rates Hurt Broad Economy: Bernanke Monday, 5 May 2008 | 9:10 PM ET
    Federal Reserve Chairman Ben Bernanke.

    Federal Reserve Chairman Ben Bernanke on Monday said conditions in mortgage markets remain strained, posing a threat to the economy, and urged steps be taken to prevent home foreclosure where possible

  • Dollar and Euro

    The U.S. dollar slipped Monday against the euro but edged up against the British pound ahead of European Central Bank and Bank of England meetings later this week.

  • Asia Fears Lost Decade, Unrest from Food Price Shock Sunday, 4 May 2008 | 11:09 PM ET

    Soaring food prices may throw millions of Asians back into poverty, undo a decade of gainsand stoke civil unrest, regional leaders said as they urged a boost to agricultural production to meet rising demand

  • Australia Inflation Gauge Hits New Highs in April Sunday, 4 May 2008 | 10:21 PM ET

    A private measure of Australian inflation hit new highs in April as households paid more for health, fuel and rent, keeping upward pressure on interest rates just a day before a central bank policy meeting.

  • Bush Says Rebate Checks Will Boost Ailing Economy Saturday, 3 May 2008 | 6:40 PM ET

    President Bush sought to assure Americans Saturday that federal checks en route to them as part of a stimulus plan will help spur the ailing economy and pay for soaring gas and food prices.

  • Dollar at 2-Month High Vs. Yen, Cheered by Data Friday, 2 May 2008 | 2:02 PM ET

    The dollar climbed to two-month peaks against the yen and a basket of currencies on Friday after a government report showed the U.S. economy shed just 20,000 jobs in April, fewer than economists had expected.

  • Fresh off its strongest month in nearly a year, the dollar looks set to extend its rally next week on signs the Fed is on hold after seven months of aggressive interest rate cuts.

  • Consumer Bankruptcies Soar Nearly 48% in April Friday, 2 May 2008 | 11:36 AM ET
    debt collector

    Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said.