GO
Loading...

Inflation

More

  • Hawkish ECB Official Pushes Euro Up vs. Dollar Thursday, 24 Jan 2008 | 11:35 AM ET
    Dollar and Euro

    The dollar fell against the euro on Thursday as strong German business confidence data andtough inflation comments by a European Central Bank policy-maker dashed hopes for a near-term interest rate cut in the euro zone.

  • Wall Street Now Betting On Another 3/4 Point Rate Cut Wednesday, 23 Jan 2008 | 1:38 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Forget a half-point cut. Wall Street is now speculating that the Fed will lower rates another three-quarters of a point next week.

  • Europe Slams the Door On Interest-Rate Cuts Wednesday, 23 Jan 2008 | 1:12 PM ET
    European Central Bank President Jean-Claude Trichet

    ECB President Trichet appears to shun an interest rate cut in favor of fighting inflation, contributing to another round of selling in global stock markets.

  • Worries That The Good Times Were Mostly a Mirage Wednesday, 23 Jan 2008 | 11:15 AM ET

    The recent financial turmoil has many causes, but they are tied to a basic fear that some of the economic successes of the last generation may yet turn out to be a mirage.

  • Congressional Budget Office Doesn't Foresee Recession Wednesday, 23 Jan 2008 | 10:41 AM ET
    Hundred Dollar

    The slowing economy will not sink into an election-year recession and an economic rebound is likely beginning next year, the CBO forecast Wednesday.

  • US Economy Casts A Long, Dark Shadow Wednesday, 23 Jan 2008 | 10:17 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    There was a time when many thought Europe and the rest of the global economy might finally be able to withstand a downturn in the US. So much for wishful thinking. The spectre of a recession on top of a malignant credit crunch is the talk of the town.

  • Fed Cut 'Well Measured Move' to Avert Recession: Snow Wednesday, 23 Jan 2008 | 9:55 AM ET

    The Federal Reserve's decision to slash interest rates by 75  basis points on Tuesday was a bold, well measured move to avoid a sharp slowdown in the U.S. economy, John Snow, former U.S. Treasury Secretary & chairman of Cerberus Capital, told CNBC's "Squawk Box Europe."

  • Yen Rallies vs. Dollar, Euro, Recession Woes Persist Wednesday, 23 Jan 2008 | 9:08 AM ET
    Dollar and Euro

    The yen rose across the board on Wednesday as falling European stocks encouraged investors to reduce exposure to risky assets and unwind carry trades despite the Federal Reserve's hefty interest rate cut.

  • Heard In Davos: Nailing the Problem of A U.S. Recession Wednesday, 23 Jan 2008 | 7:22 AM ET

    Economic slowdown and market disruption is the talk of Davos, in official forums, on camera and informal chats in halls and shuttle vans. Other issues like the environment and health are taking a back seat.

  • Guess What? Central Bankers Get it Wrong too… Wednesday, 23 Jan 2008 | 6:04 AM ET

    Ok, now we've got that emergency rate cut from the Fed AND the full 75 bp the markets wanted...

  • Australia Inflation Jumps, Sounds Rate Alarm Tuesday, 22 Jan 2008 | 9:06 PM ET

    Australia's core inflation rate accelerated to its fastest pace in 16 years last quarter, adding greatly to the domestic case for a rise in interest rates even as turmoil in global markets seemed to argue against one.

  • Emergency Fed Rate Cut Bruises Dollar vs Euro Tuesday, 22 Jan 2008 | 4:32 PM ET
    Dollar and Euro

    The dollar tumbled against the euro Tuesday after the Federal Reserve unexpectedly slashed its benchmark overnight lending rate in an attempt to allay market fears of a U.S. recession.

  • Bush Says He's Optimistic About Stimulus Plan Tuesday, 22 Jan 2008 | 4:23 PM ET
    President Bush ocomments on the US Economy from the White House, with Vice President Dick Cheney, left, and Treasury Secretary Henry Paulson, right.

    President Bush said he is confident that Congress and the administration will be able to approve a stimulus package to jump-start the economy and calm fears of recession that have shaken financial markets worldwide.

  • Recession Worries Persist Despite Surprise Rate Cut Tuesday, 22 Jan 2008 | 4:18 PM ET
    A container ship from Korea sits at a loading dock at Seattle's Harbor Island near downtown, Thursday, May 11, 2006. The U.S. trade deficit unexpectedly declined in March for a second consecutive month, something that hasn't happened in more than two years. The improvement reflected record U.S. exports and a big drop in the country's foreign oil bill. (AP Photo/Elaine Thompson)

    There is no quick cure for what ails the U.S. economy, but if the Fed's surprise rate cut instills confidence, it may speed a recovery.

  • Fed's Rate Cut May Speed Recovery by U.S. Economy Tuesday, 22 Jan 2008 | 3:55 PM ET
    Manufacturing Cars

    There is no quick cure for what ails the U.S. economy, but if the Fed's surprise rate cut instills confidence, it may speed a recovery.

  • Fed's Surprise Rate Cut Draws Mixed Response Tuesday, 22 Jan 2008 | 1:32 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    The Fed's emergency rate cut drew a mixed response on Wall Street, though the move increased the odds of more reductions.

  • CNBC.com Live Poll: Fed Rate Cut Tuesday, 22 Jan 2008 | 11:15 AM ET

    The Fed slashed U.S. interest rates by three-quarters of a point, the biggest rate cut in more than 23 years, in an emergency bid to support the U.S. economy.

  • Tools to Help You Navigate the Market Tuesday, 22 Jan 2008 | 11:02 AM ET

    1st paragraph of story should go here

  • Paulson: Economy Is Resilient, but Fed Cut Helps Tuesday, 22 Jan 2008 | 8:33 AM ET

    U.S. Treasury Secretary Henry Paulson said on Tuesday he was confident the U.S. and global economies were resilient but welcomed an emergency rate rate cut by the U.S. Federal Reserve as a helpful move.

  • BOJ Keeps Rates on Hold, Seen Warning of Risks Monday, 21 Jan 2008 | 9:57 PM ET

    The Bank of Japan left interest rates unchanged as expected on Tuesday, as fear of a U.S. recession sent stocks tumbling around the world, with the central bank poised to warn of slower growth in an economic review due out in a few hours.