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Inflation

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  • Alan Greenspan has received more than his share of awards and honorary degrees in his storied career. Earlier this year, Greenspan was the recipient of a special Lifetime Achievement Award at  CNBC's third annual Executive Leadership Awards ceremony in New York.

  • China's Wholesale Inflation Rate Dips in July Friday, 10 Aug 2007 | 2:28 AM ET

    China's wholesale inflation rate unexpectedly slowed in July, showing cost pressures at the factory gate remain in check despite a food-related surge in consumer prices.

  • Oil Rises as U.S. Draws Outweigh Economy Worries Wednesday, 8 Aug 2007 | 2:01 PM ET

    Oil rose Wednesday, as draws in U.S. crude and gasoline stockpiles overcame wider concerns about the health of the world's largest economy.

  • Oil Stays Above $72 on U.S. Refinery Problems Tuesday, 7 Aug 2007 | 5:28 PM ET

    Crude oil prices rose Tuesday, pulling out of a nosedive after news of new refinery problems in the United States rekindled supply worries during the summer driving season.

  • Oil and gasoline futures plunged Monday, on concerns about the economy's health and as investors sold to lock in profits from last week's record-setting rally.

  • Oil Dips Near $75 on Weak Economic Data Friday, 3 Aug 2007 | 4:40 PM ET

    Oil tumbled below $76 per barrel Friday, dragged down as disappointing U.S. economic data helped send stock markets down again

  • Oil Climbs as OPEC Says No Output Hike Thursday, 2 Aug 2007 | 3:50 PM ET

    Oil rose near an all-time high on Thursday, as OPEC officials said the producer group would not hike output, despite concerns of a supply shortfall.

  • Euro-Zone Rates Stay at 4%, U.K. Remains at 5.75% Thursday, 2 Aug 2007 | 9:49 AM ET

    The European Central Bank kept its core lending rate at 4% Thursday, as widely expected, but a hike in September was signaled. The Bank of England also held steady, leaving rates at 5.75%.

  • Oil Falls More Than $2 to $76 After Hitting New Record Wednesday, 1 Aug 2007 | 1:07 PM ET

    Oil prices retreated after jumping to a new record Wednesday on the government's report of a steep drop in crude inventories and surge in refinery activity.

  • Oil futures settled at a record high above $78 Tuesday on expectations that crude inventories fell last week and reports of new violence in Nigeria, a large oil producer and key supplier to the U.S.

  • Inflation in the 13 nations that use the euro fell to 1.8 % in July, the EU statistics agency said Tuesday, as business confidence weakened from a near-record high.

  • Oil Slips on Profit Taking, Supply Worries Persist Monday, 30 Jul 2007 | 3:29 PM ET

    Oil fell on Monday as traders took profits after supply concerns sent prices above $77 abarrel last week and near record highs.

  • Oil jumped more than 2 percent to its second highest settlement on record on Friday as supply concerns and signs of U.S. economic growth helped counter worries about falling stock markets.

  • Japanese core consumer prices in June fell only slightly from a year earlier, as expected, but market fears about the health of U.S. credit markets raised doubts about the likelihood of a rate increase next month.

  • Oils Falls Below $75 as Stock Market Drop Clips Rally Thursday, 26 Jul 2007 | 3:10 PM ET

    Oil prices fell on Thursday as a sharp drop in the U.S. stock market spurred concerns about crude demand growth, reversing an earlier rally.

  • Dollar Drops to 3-Month Low vs. Yen Thursday, 26 Jul 2007 | 12:06 PM ET

    The dollar dropped to a 3-month low Thursday, as investors spooked by growing problems in credit markets fled risky assets financed by borrowing in the low-yielding Japanese currency.

  • Oil Futures Climb to Near $76 on U.S. Inventory Decline Wednesday, 25 Jul 2007 | 3:43 PM ET

    Oil prices jumped on Wednesday after U.S. government data showed a draw in crude inventories as refiners' utilization increased.

  • Dollar Rises Against Euro in Technical Rebound Wednesday, 25 Jul 2007 | 10:49 AM ET

    The dollar jumped broadly Wednesday in a technical rebound from record lows against the euro, shrugging off fresh signs of deterioration in the U.S. housing sector.

  • Australian Inflation Jumps, Interest Rate Rise Looms Tuesday, 24 Jul 2007 | 10:59 PM ET

    Inflation in Australia jumped past all expectations last quarter as the cost of petrol, food and health care climbed, greatly adding to the risks of a rise in interest rates as early as August.

  • Dollar Index at 15-Year Low on Housing Market Woes Tuesday, 24 Jul 2007 | 2:36 PM ET

    The dollar fell to a 15-year low against a basket of major currencies and a record low against the euro Tuesday, hurt by the potential for credit woes and housing market weakness to weigh on the U.S. economy.